Statutory declarations
Statutory Declaration of No Outstanding Debts
A sworn declaration that you have no outstanding debts of a stated kind — used to support a clearance, transaction, or application. Fill it in online, download a ready-to-sign PDF, and notarize in Ontario.
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Also known as
- No Debts Affidavit
- Debt-Free Declaration
- Declaration of No Outstanding Debts
+2 more names
- Sworn Statement of No Debts
- No Outstanding Liabilities Declaration
STATUTORY DECLARATION OF NO OUTSTANDING DEBTS
I, ______, of ______, in the Province of Ontario, SOLEMNLY DECLARE that:
I make this declaration for the following purpose: ______.
Except as listed below, I have no outstanding debts, judgments, liens, or financial obligations against me: ______.
The information above is true and complete to the best of my knowledge.
I make this solemn declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath.
Signed and sworn (or affirmed/declared) before me by videoconference in Ottawa, Ontario, while the Affiant(s)/Declarant(s) were located in ______________________, on ______________________, pursuant to O. Reg. 431/20, and Electronic Commerce Act, 2000.
______________________________ | ______________________________ |
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Statutory Declaration of No Outstanding Debts
A compact preview of this template
01Your Information
Your full legal name
Purpose of this declaration
Your full address
STATUTORY DECLARATION OF NO OUTSTANDING DEBTS
I, ______, of ______, in the Province of Ontario, SOLEMNLY DECLARE that:
I make this declaration for the following purpose: ______.
Except as listed below, I have no outstanding debts, judgments, liens, or financial obligations against me: ______.
The information above is true and complete to the best of my knowledge.
I make this solemn declaration conscientiously believing it to be true and knowing that it is of the same force and effect as if made under oath.
Signed and sworn (or affirmed/declared) before me by videoconference in Ottawa, Ontario, while the Affiant(s)/Declarant(s) were located in ______________________, on ______________________, pursuant to O. Reg. 431/20, and Electronic Commerce Act, 2000.
______________________________ | ______________________________ |
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How it works
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Overview
About this document
- 01
What is a no outstanding debts declaration?
It is a sworn statement — also called a debt-free declaration or no-debts affidavit — confirming that, to the best of your knowledge, you owe no outstanding amounts of the kind described.
It is used where another party wants sworn assurance before completing a deal, releasing something, or granting an approval.
- 02
When you might need one
It is requested in clearance and transaction contexts.
- Closing a transaction where the other side wants assurance no debts remain.
- Releasing a guarantee, deposit, or security tied to a possible debt.
- Supporting an application or approval that depends on being debt-free.
- 03
What to include
Describe clearly the kind of debts the declaration covers, so it is precise rather than open-ended, and confirm that none are outstanding to the best of your knowledge. Keep any records that support your statement.
- 04
How to notarize a no outstanding debts declaration in Ontario
After you fill in your no outstanding debts declaration and download the PDF, do not sign it in advance. A sworn document must be signed in front of a notary public or commissioner for taking affidavits, who administers your oath or solemn affirmation first.
Minute Notary commissions your no outstanding debts declaration online by secure video, under Ontario's remote commissioning rules (O. Reg. 431/20), or in person in Ottawa. Bring valid government-issued photo identification so we can verify your identity before applying the notary seal.
Good to know
Before you fill it in.
Short notes from our notary on this template. Worth a minute before you start.
- 01
Reviewed for use in Ontario by a notary public and commissioner for taking affidavits.
- 02
Fill it in online for free and download a ready-to-sign PDF — no account required.
- 03
Sign in front of the notary, who administers your oath or affirmation and applies the seal.
- 04
Notarize online by video across Ontario, or in person in Ottawa.
Frequently asked
Questions about the Statutory Declaration of No Outstanding Debts
- What is a no outstanding debts declaration used for?
- To give a party sworn assurance that you owe no outstanding amounts of a stated kind, supporting a clearance, transaction, release, or approval.
- Should it cover all debts or specific ones?
- Describe the kind of debts it covers so it is precise. A clearly scoped declaration is more useful than an open-ended one.
- Can I notarize it online in Ontario?
- Yes. You can swear it online by video under Ontario’s remote commissioning rules, or in person in Ottawa with Minute Notary.
- Do I need a lawyer?
- No. You complete it yourself and have it commissioned by a notary public or commissioner for taking affidavits.
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