Step 5 - Mandatory Disclosures

Step 5 - Mandatory Disclosures

Process

During Divorce

Colorado

DisclosuresFormsHidden AssetsBusiness

Within 42 days of service, both spouses must exchange full financial disclosures and file a Sworn Financial Statement under oath.

Colorado's Rule 16.2 requires both spouses to complete a Sworn Financial Statement (form JDF 1111), a detailed, under-oath snapshot of income, expenses, assets, and debts, to exchange supporting documents (pay stubs, tax returns, account and retirement statements, and more) within 42 days of service. You also file a certificate confirming you complied with this requirement. This is automatic in every case; you don't have to wait for the other side to ask.

The rules in Colorado say spouses owe each other and the court "full and honest disclosure" of everything that materially affects their rights and you must disclose relevant information even if your spouse never thought to request it. A decree or settlement can be reopened and set aside years later if one spouse failed to disclose something important (like the true value of a business). Fill out the Sworn Financial Statement carefully and honestly, and keep your backup documents organized. Each party has an ongoing duty to update their financials throughout the case (for example, if you receive a raise at work or start a new job).

Links

Website

Location

Colorado

Colorado, USA