What it is: a standardized Illinois document — the Supreme Court’s Financial Affidavit — in which each party lists finances: income, expenses, assets, and debts. The form is required in family law matters involving divorce, parenting issues, or other financial matters.
Why it matters: the financial disclosure is how the court learns what you have, owe, earn, and spend. Filing it completely and on time moves your case forward; omissions cause delay and raise questions about your honesty.
What you’ll list: income from all sources, monthly expenses, real estate, vehicles, bank and retirement accounts, businesses, and every debt. Be ready to back it with documents.
Watch out for: the affidavit is sworn. Estimating “about $2,000” when you know it’s $4,800 is a problem. Use real numbers and real proof — the other side can demand it.
