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The document is a Sworn Financial Statement used in the District Court of Denver, Colorado, detailing the financial circumstances of a petitioner and co-petitioner/respondent involved in a legal matter such as marriage dissolution or parental responsibilities. It includes sections for income, deductions, expenses, debts, and assets, requiring comprehensive disclosure of financial information to assist the court in making informed decisions.

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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.

What are financial disclosure requirements?

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 is the rule 16.2 mandatory disclosures in Colorado?

Colorado Court Form 35.1 details information and mandatory financial disclosures required under Rule 16.2. Under that rule you need to disclose any financial account in which you have an interest, including but not limited to credit card statements, bank statements, retirement and investment account statements.

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.

Is Colorado a mandatory disclosure state?

On August 1, 2024, Colorado legislation took effect amending the mandatory disclosures that mental health providers must make to their clients under state law.

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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.

What are mandatory disclosures in financial statements?

What is a mandatory disclosure policy? The mandatory disclosure policy delineates the guidelines specifying which details ought to be documented as transactions and which should be excluded from the accounting system.

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