Loan And Debt Disclosure

Summary

You need to provide all loan applications, including home loans, credit card statements, and a list of debts. This includes any co-signed debts and loan applications submitted to banks. To inform all parties when filing a document, you may need a copy of the document, a notice of filing, and addresses of all parties involved. Your ex-spouse may be awarded more child support if they demonstrate a significant change in circumstances. Penalties can be imposed for failure to pay child support, violating court orders, or providing false information. Consult your attorney for specific advice.

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so i am asked by my ex's attorneys the following "LOAN/CREDIT APPLICATIONS: All loan applications and credit applications made both individually by the Respondent, jointly with others, and/or on behalf of any partnership or corporate entity in which he has an interest, together with all net worth and/or financial statements submitted in conjunction therewith." Does this mean i need to give them my home loan application as well?
Yes, Owias, the request seems to cover all loan applications, including your home loan. However, it would be best to consult with your attorney to ensure you understand the scope of the request correctly.
explain to me plainly what this is asking "CHARGE CARD ACCOUNTS: All monthly statements, as well as purchaser's receipts, for any credit purchases over which Respondent has the right to make credit purchases including any credit cards in the name of entities owned in whole or in part, directly or indirectly by Respondent."
This request is asking for all monthly credit card statements and purchase receipts. It includes any credit cards you have the right to use, even if they're under the name of businesses you partially or fully own, directly or indirectly.
ok what does this mean plainly: "DEBTS AND/OR OBLIGATIONS: List all indebtedness which is wholly or partially payable to the Respondent or Respondent and furnish the name of the party or entity to which you are indebted, the original amount of indebtedness, the current balance and the manner of payment. Include in the foregoing list any debts which you have co-signed and give the name and address of the principal obligor. Furnish copies of any loan or mortgage application furnished by you to any bank or other lending organization."
This requires you to provide a list of all your debts. This should include the name of the creditor, the original debt amount, the current balance, and how you're paying it off. It also includes any debts you've co-signed for and any loan or mortgage applications you've submitted.
what docuemnts do i need to file to inform all parties when filing a document?
To inform all parties when filing a document, you may need:
- A copy of the document you're filing
- A notice of filing or a certificate of service
- Addresses of all parties involved
Please consult with your attorney for specifics based on your case.
can the other party ever be awarded any money from me even though I am the one askinf for change in child support?
Yes, Owias, it is possible. If your ex-spouse can demonstrate a significant change in circumstances or that the child's needs have increased, they may be awarded more child support. However, this varies on a case-to-case basis. It's crucial to consult with your attorney for specific advice.
like could they every say there is any penalties just in general
Yes, penalties can be imposed in certain situations, such as failure to pay child support on time, violating court orders, or providing false information to the court. It's vital to follow all court orders and legal obligations to avoid any potential penalties.