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Divorce and Case Information Statements in New Jersey - Requiring Information on Assets, Debts and Liabilities

Jun 28, 2016 @ 10:23 PM — by Michael Green

Divorce and Case Information Statements in New Jersey - Requiring Information on Assets, Debts and Liabilities.  In divorce cases in New Jersey, parties that enter a case through the filing of a complaint for divorce or an answer and counterclaim, must file a case information statement or CIS with the Court.  In the CIS, parties affirm for the Court their assets, debts and liabilities as well as their gross income for the last year and the year to date income.  An individuals personal expenses including expenses for daily living and expenses related to travel, such as automobile insurance and leases or loans as well as car expenses, rent or mortgage costs, property taxes, homeowner's insurance, are all personal expenses that must be delineated in a CIS.  The CIS in some cases is a very important document as it relates to equitable distribution, alimony and to demonstrate the needs of an individual pendente lite a divorce and after the divorce itself.  Generally, a CIS may be via a writeable pdf and with it must be attached your last year's tax returns and last three pay stubs.  As to assets listed, it must include real property, bank accounts, retirement accounts, pensions, 401ks, IRAs, stocks and any other assets.  Liabilities should include credit cards, auto loans, mortgages and any other debt.  The parties net assets or liabilities may then be assessed.  If you have questions regarding the filing of a Case Information Statement in a  divorce in New Jersey, call our NJ divorce lawyer or NJ divorce attorney in our Fort Lee or East Brunswick offices today, at 732-390-0480 or 201-242-1119.  Free consultations and night appointments are available.

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