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Danny Shelton's
July 2006 Financial Affidavit
The accounting of 3ABN appears to be off limits to nearly
everyone. That is unfortunate, for it makes it extremely difficult
to demonstrate that various allegations of financial improprieties
are simply untrue. Yet the following affidavit is one piece of financial information
that is fairly accessible, having been filed at the Franklin
County Circuit Court in July 2006.
For the significance of the following information, please see
"Comments."
IN THE CIRCUIT COURT OF THE SECOND JUDICIAL CIRCUIT
FRANKLIN COUNTY, ILLINOIS
IN RE: THE MARRIAGE OF
LINDA SUE SHELTON,
Petitioner,
vs.
DANNY LEE SHELTON,
Respondent. |
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No. 05-D-30 |
FINANCIAL AFFIDAVIT
|
Pre-Judgment |
|
Post-Judgment |
| I. |
INTRODUCTION
I, Danny L. Shelton, on oath state that my present age is 55, and that:
(b) (POST-JUDGMENT ONLY): The marriage of the parties was dissolved
on June 25, 2004.
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[-2-]
HUSBAND
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WIFE
|
| Name: |
Danny L. Shelton |
Name: |
|
| Address: |
2954 New Lake Rd. |
Address: |
|
| |
West Frankfort, IL 62896 |
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| Soc. Sec. #: |
xxx-xx-xxxx |
Soc. Sec. #: |
|
| Date of Birth: |
xx/xx/51 Age: 55 |
Date of Birth: |
|
Age: |
|
| Employer: |
Three Angels Broadcasting |
Employer: |
|
| Occupation: |
Television |
Occupation: |
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CHILDREN
|
| NAME |
|
Date of Birth |
|
Age |
|
With Whom Residing |
N/A |
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| IMPORTANT- |
Attach most recent of last three months' pay stubs showing
your year-to-date earnings and deductions. Also attach all pages
& W-2 Forms of your last filed Federal and State
Income Tax Returns. For those individuals who receive any income
from self-employment sources, attach Federal and State Income
Tax Returns for the last two years and supporting documentation for year-to-date
earnings.
|
|
HUSBAND |
|
WIFE |
| GROSS MONTHLY INCOME from:
Salary, wages, commissions, bonuses, allowances & overtime (NOTE:
To arrive at gross monthly income multiply weekly gross by 52
and divide by 12, or multiply bi-weekly income by 26 and divide by 12) |
$5,991.00 |
$ |
[-3-]
| III. |
STATEMENT OF INCOME (CONT.) |
| Pension or retirement |
$ |
|
$ |
| Social Security benefits |
$ |
$ |
| Disability or unemployment benefits |
$ |
$ |
| Public aid (ADC–Welfare) |
$ |
$ |
| Child support from prior marriage (alimony) |
$ |
$ |
| Rents |
$ |
$ |
| Other Income (specify): |
|
|
$ |
$ |
| $ |
$ |
| |
| TOTAL GROSS MONTHLY INCOME |
$5,991.00 |
$ |
| |
DEDUCTIONS: |
| |
| Federal income tax withheld |
$1,035.00 |
$ |
| State income tax withheld |
$175.00 |
$ |
| Social Security and Medicare withheld |
$458.00 |
$ |
| Medical or other health-related insurance |
|
| Union dues/mandatory retirement contributions |
|
| Dependent and individual health/hospital insurance premiums |
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| Prior Court ordered support and/or maintenance, actually paid pursuant to a Court Order |
|
| Other deductions permitted by 750 ILCS §505(a)(3)(h) – (specify): |
|
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$ |
|
$ |
| $ |
|
$ |
| |
| TOTAL NET MONTHLY INCOME |
$4,323.00 |
|
$ |
[-4-]
IV.
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ESTIMATED MONTHLY EXPENSES
(* mark if a projected expense – Affiant must be prepared to submit testimony to support the same)
HOUSEHOLD: |
| |
|
See page 10, Art. VII |
| Repair and upkeep |
|
$150.00 |
|
| Housekeeper and yard work |
$50.00 |
| Homeowners insurance |
$70.83 |
| Real estate taxes (not included in house payment) |
$450.00 |
| Other (specify): |
|
|
$ |
| $ |
| |
| SUBTOTAL |
$720.83 |
UTILITIES: |
| |
| Electricity |
$175.00 |
| Gas/Heating oil |
$25.00 |
| Water and sewer |
$25.00 |
| Telephone |
$65.00 |
| Trash removal |
$50.00 |
| Cable TV |
- |
| Other (specify): |
Internet |
$20.00 |
|
|
$ |
| $ |
| |
| SUBTOTAL |
$360.00 |
[-5-]
IV.
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ESTIMATED MONTHLY EXPENSES (CONT.)
FOOD: |
Food, milk, household supplies |
|
$550.00 |
|
| School lunches |
$ |
| Meals outside home |
$150.00 |
| Other (specify): |
|
|
$ |
| $ |
| |
| SUBTOTAL |
$700.00 |
CLOTHING: |
Clothing (self) |
$150.00 |
|
| Clothing (children) |
$ |
| Laundry & dry cleaning |
$50.00 |
| Other (specify): |
|
|
$ |
| |
| SUBTOTAL |
$200.00 |
MEDICAL CARE (after insurance reimbursement): |
Doctor & dentist (self) |
$ |
| Drugs & medical supplies (self) |
$ |
| Doctor & dentist (children) |
$ |
| Drugs & medical supplies (children) |
$ |
| Medical and dental insurance |
$ |
| (Do not list if already listed in III on page 3 as a deduction from gross income) |
| Other (specify): |
|
|
$ |
[-6-]
IV.
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ESTIMATED MONTHLY EXPENSES (CONT.)
TRANSPORTATION: |
Truck payment |
|
$463.00 |
|
| Repair & maintenance |
$25.00 |
| Gas & oil |
$150.00 |
| Insurance |
$100.00 |
| License and registration |
$8.00 |
| Bus fare/parking |
$ |
| Other (specify): |
|
|
$ |
| $ |
| |
| SUBTOTAL |
$746.00 |
MISCELLANEOUS: |
| |
CHILD |
YOURS |
| Child care/babysitter |
|
$ |
| School & school supplies |
$ |
$ |
| Church/charitable contributions |
|
$500.00 |
|
| Newspapers, magazines & books |
|
$ |
| Barber/beauty shop |
$ |
$ |
| Life insurance premiums |
|
$ |
| Disability insurance premiums |
|
$ |
| Professional dues |
|
$ |
| Voluntary retirement contributions |
|
$ |
| Allowance (children's) |
$ |
| Recreation/entertainment |
$ |
$ |
| Family pets (horses and dogs) |
|
$612.47 |
|
| Family gifts |
|
$200.00 |
|
| Toiletries |
$ |
$ |
| |
|
| SUBTOTAL |
$ |
$1,312.47 |
[-7-]
IV.
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ESTIMATED MONTHLY EXPENSES (CONT.)
CREDITOR PAYMENTS NOT PREVIOUSLY LISTED:
Monthly installment payments (credit cards): |
|
|
|
|
$ |
| |
$ |
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$ |
| |
$ |
| |
$ |
Others (specify):
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$ |
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$ |
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$ |
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$ |
SUBTOTAL |
$0.00 |
TOTAL AVERAGE MONTHLY EXPENSES: |
$4,039.30 |
NET MONTHLY INCOME |
$4,323.00 |
TOTAL MONTHLY LIVING EXPENSES |
$4,039.30 |
DIFFERENCE BETWEEN NET INCOME & EXPENSES |
$283.70 |
LESS MONTHLY DEBT SERVICE |
$ |
|
INCOME AVAILABLE PER MONTH |
$283.70 |
[-8-]
| VI. |
ASSETS (Designate each non-marital asset as "NM")
REAL ESTATE: |
| DESCRIPTION |
|
LOCATION |
|
PRESENT
VALUE |
|
HOW
TITLE HELD |
|
| Residence |
2954 New Lake Rd.
West Frankfort, IL |
$275,000.00 |
Danny |
MOTOR VEHICLES:
| DESCRIPTION (Year, make and model) |
|
PRESENT
VALUE |
|
HOW
TITLE HELD |
|
| 2006 Dodge Ram truck (post-divorce) |
$25,000.00 |
Danny |
| 1948 Willys Jeepster |
$8,500.00 |
|
| Jon boat, motor and trailer |
$500.00 |
|
| Horse trailer |
$750.00 |
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CASH AND FINANCIAL ACCOUNTS:
|
(Banks, savings and loans, and credit unions) |
| DESCRIPTION |
|
LOCATION |
|
PRESENT
VALUE |
|
HOW
TITLE HELD |
|
| Checking account |
Mid-Country |
$1,500.00 |
Danny |
| Saving account |
Mid-Country |
$1,000.00 |
Danny |
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[-9-]
| VI. |
ASSETS (CONT.)
INVESTMENTS: (Stocks, bonds and other securities) |
| DESCRIPTION |
|
LOCATION |
|
PRESENT
VALUE |
|
HOW
TITLE HELD |
|
| None |
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RETIREMENT ACCOUNTS:
| TYPE |
|
COMPANY |
CONTRIBUTORY/
NON-CONTRIBUTORY |
PRESENT
VALUE |
|
| None |
| |
|
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|
$ |
| |
|
|
$ |
LIFE INSURANCE:
| TYPE |
|
COMPANY |
|
AMOUNT
COVERAGE |
|
BENEFICIARY |
CASH SURR.
VALUE |
|
| None |
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$ |
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$ |
[-10-]
| VI. |
ASSETS (CONT.)
HOUSEHOLD GOODS, APPLIANCES AND ALL OTHER PROPERTY NOT PREVIOUSLY LISTED: |
| VII. |
DEBTS (Designate each non-marital debt as "NM") |
NAME OF
CREDITOR |
|
PURPOSE |
|
BALANCE |
|
MONTHLY
PAYMENT |
|
| Merlin Fharli |
Mortgage loan |
$200,000.00 |
ann. interest |
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| Citizen's Bank |
Truck loan |
~ $10,000.00 |
$463.00 |
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[-11-]
VERIFICATION BY CERTIFICATION
Under penalties as provided by law pursuant to Section 1-109
of the Code of Civil Procedure, the undersigned certifies that
the statements set forth in this instrument are true and correct,
except as to matters therein stated to be on information and
belief, and as to such matters the undersigned certifies as aforesaid
that he verily believes the same to be true.
DATED:
7/13 , 2006.
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