Financial issues are often some of the most complicated and contentious aspects of a divorce case. During an Illinois divorce, spouses must decide how to divide their assets and debts. If the couple cannot negotiate a property division settlement, the court will intervene and divide assets and debts for the couple based on equitable distribution laws. Child support and spousal support are also based on the spouses’ financial circumstances. But what happens if a spouse hides money or lies about assets and income during divorce?
Financial Fraud in a Barrington Divorce Case
Divorcing spouses must submit financial affidavits to the court. Lying on these documents is unlawful, but some spouses still choose to be deceitful.
Spouses may try to control the outcome of the divorce by:
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