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The document is a Sworn Financial Statement form used in Colorado District and Juvenile Courts for cases involving marriage, civil unions, or parental responsibilities. It requires detailed financial information from the petitioner and co-petitioner/respondent, including income, expenses, debts, and assets. The form aims to provide the court with a comprehensive overview of the parties' financial situations to assist in legal proceedings.

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How important is a financial statement in divorce?

Sharing information about your finances with your spouse (or domestic partner) is a requirement for getting a divorce or legal separation. This is called disclosure or financial disclosure. The financial documents dont get filed with the court. You just share them with your spouse.

What are the mandatory financial disclosures in Colorado?

Focus on disclosing everything in the most honest way possible, despite financial changes that are unfolding. At any time, you can amend your Sworn Financial statement or correct details. This is particularly important if you expect changes to your career or living expenses as your divorce unfolds.

What is a financial statement for the court?

The Long Form Financial Statement is designed to give the Court a snapshot of what your income and all expenses are per month, for you and the children (if there are children). The first 5 pages of the Long Form Financial Statement asks for your monthly expenses (for you and any children).

How to file sworn financial statement in Colorado?

The Sworn Financial Statement is an important way to show the court your financial status as well as it being a way to convey your credibility. Courts look at the expenses of the parties as listed on this statement and make judgments about whether the debts listed are realistic or inflated.

Where do I file my sworn financial statement in Colorado?

The starting point for the mandatory financial disclosures in Colorado is the Sworn Financial Statement, a multi-page form where each party is required to list his/her income, expenses, assets and debts. This statement is both filed with the court, as well as provided to the other party.

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What are sworn financial statements?

The Financial Disclosure Process in Colorado Divorce Colorado Rule of Civil Procedure 16.2(e) requires both parties in a divorce to complete financial disclosures early in the process. These include: A Sworn Financial Statement, detailing income, expenses, assets, and liabilities.

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How important is a financial statement in divorce?

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What are sworn financial statements?

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