What is a sworn financial statement Colorado?

The Sworn Financial Statement is one of the most important documents you will need to complete if going through a divorce or custody case. Also called a financial affidavit , it requires each person in the case to use the form approved by the Court and list all income, assets, and debts.

Is financial disclosure mandatory in Colorado divorce?

As soon as the court acquires jurisdiction over both parties in a divorce proceeding, Colorado Rule of Civil Procedure Rule 16.2(e) requires both spouses to complete a financial affidavit and provide extensive financial disclosures to the other party.

What are the disclosure requirements in financial statements?

Full Disclosure Requirements Audited financial statements. Employed accounting policies and changes in the accounting policies. Non-monetary transactions. Material losses. Asset retirement obligations. Details and reasons for goodwill impairment. Existing litigation.

What is Rule 16.2 disclosures in Colorado?

16.2 Mean? It means that if it could affect the property division, child support, maintenance, or issues regarding the children you have to disclose it. Colorado Court Form 35.1 details information and mandatory financial disclosures required under Rule 16.2.

What are the mandatory financial disclosures 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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INFORMATION SERVICES BRANCH A Public Service Agency EMPLOYER PULL NOTICE PROGRAM APPLICATION PLEASE PRINT CLEARLY IN INK OR TYPE DMV USE ONLY REQUESTER CODE MAIL COMPLETED FORMS TO: DMV Information.

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