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Tuesday, December 1, 2009

Tips for completing your Financial Statement (2)

Accuracy is the key when completing your Financial Statement. The more detailed and thorough you are, the more believable you will be to the Court and you will also be able to expect the same standard from the other side.
For example, when filling out the portion of the statement dealing with your bank accounts, it is not sufficient for you to say that you have a bank account with $3.00 in it. What kind of an account is this (eg: chequing)? What is the account number? With which bank? What is the exact balance on the date you are representing?

If your Financial Statement contains this information at first instance, at the very least, you will avoid a letter from the other side (at added cost to you because your lawyer will have to process it) asking for the information.

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