Agreement as to Assets and Debts is a legal document that was released by the Illinois Second Judicial Circuit Court - a government authority operating within Illinois.
Q: What is an Agreement as to Assets and Debts?
A: An Agreement as to Assets and Debts is a legal document that outlines how the assets and debts of a couple will be divided during a divorce or separation.
Q: Why is an Agreement as to Assets and Debts important?
A: This agreement is important because it allows couples to come to a fair and mutually agreed-upon distribution of their assets and debts without going to court.
Q: What does an Agreement as to Assets and Debts include?
A: The agreement typically includes a list of all the assets and debts owned by the couple, as well as how these will be divided between them.
Q: Is an Agreement as to Assets and Debts legally binding?
A: Yes, an Agreement as to Assets and Debts is legally binding as long as it meets the requirements of the Illinois law and has been properly executed by both parties.
Form Details:
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Illinois Second Judicial Circuit Court.