Statement Of Finances And Income {TC0098}

TC0098 - STATEMENT OF FINANCES AND INCOME. This form is used by the Massachusetts Trial Court in small claims cases to collect confidential financial information from the defendant. The purpose of the form is to help the court assess the defendant’s ability to pay a judgment or comply with a payment order. The defendant must provide detailed information across multiple sections, including current employment status, gross wages, and any income that is legally exempt from court-ordered payments. The form also gathers data on other sources of income, monthly expenses such as rent, utilities, childcare, and transportation, and lists all assets such as real estate, vehicles, and bank accounts. Additionally, the form includes a section for listing outstanding debts and obligations like child support or alimony. The defendant is required to sign the form under penalty of perjury, certifying that all information provided is truthful and accurate. All details submitted are treated as confidential and are only available to parties involved in the litigation unless otherwise ordered by the court. www.FormsWorkflow.com