A fact information sheet in Florida is a financial disclosure form that a judgment debtor is typically required to fill out for the judgment creditor after the final judgment is entered. The form of the fact information sheet is set out by the Florida Rules of Civil Procedure. Upon the award of a final judgment, the creditor can ask the court to order the judgment debtor to complete the Fact Information Sheet and return it to the creditor, with related documents, within 45 days. The court typically will include in the final judgment itself an ordering paragraph pertaining to the debtor’s Fact Information Sheet.
Under Florida law, the debtor must sign the Fact Information Sheet under oath, and intentional misstatements or omissions may be subject to perjury. Florida law requires the debtor to provide certain documents with the Fact Information Sheet, including tax returns, deeds, and car titles.
A debtor may request additional time to complete the Fact Information Sheet in Florida if, for example, the debtor’s financial situation is unusually complex or if the debtor needs to assemble documents stored elsewhere. If the debtor does not complete the Fact Information Sheet by the deadline, the creditor may ask the court for an order that provides a new deadline after which the debtor could be held in contempt of court.
In addition to the Fact Information Sheet, the creditor may use other discovery tools provided to litigants in the Rules of Civil Procedure (such as depositions in aid of execution, interrogatories, requests to produce, etc.).
Even if you’ve received a Florida Fact Information Sheet form to fill out, it is not too late to protect your assets from collection. Many asset protection strategies are effective even after a judgment is entered.