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Agreement for the Division of Assets (Over $100) and Assumption of Liabilities / Debts - DeKalb County, Illinois
Agreement for the Division of Assets (Over $100) and Assumption of Liabilities/Debts is a legal document that was released by the Circuit Court - DeKalb County, Illinois - a government authority operating within Illinois. The form may be used strictly within DeKalb County.
FAQ
Q: What is the purpose of the Agreement for the Division of Assets?A: The purpose of this agreement is to divide assets and assume liabilities/debts.
Q: What is the jurisdiction of this agreement?A: This agreement is specific to DeKalb County, Illinois.
Q: Does this agreement apply to assets worth over $100 only?A: Yes, this agreement specifically covers assets valued at over $100.
Q: What does 'assumption of liabilities/debts' mean?A: Assumption of liabilities/debts refers to taking on the responsibility for existing debts or financial obligations.
Q: Are both parties required to sign this agreement?A: Yes, both parties involved in the division of assets must sign this agreement.
Q: Is this agreement legally binding?A: Yes, this agreement is legally binding once signed by both parties.
Form Details:
- Released on August 15, 2018;
- The latest edition currently provided by the Circuit Court - DeKalb County, Illinois;
- Ready to use and print;
- Easy to customize;
- Compatible with most PDF-viewing applications;
- Fill out the form in our online filing application.
Download a fillable version of the form by clicking the link below or browse more documents and templates provided by the Circuit Court - DeKalb County, Illinois.
