Legal Question in Business Law in Illinois
Signed Affidavit
Once I've signed an affidavit and turned over all my assets to cover a debt, can further legal actions be taken against me?
Asked on 3/11/07, 4:42 pm
2 Answers from Attorneys
Thomas Moens
Moens Law Offices, Chartered
Re: Signed Affidavit
If you have not fulfilled your obligation, i.e., paid the debt in full, then yes, further legal actions can be taken against you.
Answered on 3/11/07, 8:39 pm
Burton Padove
Indiana and Illinois Lawyer, Burton A. Padove
Re: Signed Affidavit
Yes. When you obtain more assets, further action may be taken against you.
Answered on 3/11/07, 11:31 pm
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