Sworn Financial Statement
In a Colorado family law case, including divorce actions, both parties have the responsibility of exchanging necessary financial documents with each other. In order to determine which financial documents must be exchanged, please see the link below to Form 35.1 which is a reference to C.R.C.P. 16.2(e).
This process is known as discovery. In a divorce action, discovery is the process by which each side has the opportunity and right to see the financial information that they are preparing to bring before the Court. Discovery is defined in C.R.C.P. 26. Moreover, this process creates an avenue for settlement and also puts both parties on an equal playing field.
This process is mandatory under C.R.C.P. 16.2. In order to fully complete this process, both parties must fill out a Sworn Financial Statement and a Certificate of Compliance. These documents must be filled out before you exchange the mandatory financial disclosures with each other.
A Sworn Financial Statement is a form which requires each party to provide information regarding:
- Monthly Income;
- Monthly Deductions;
- Monthly Expenses;
- Debts; and
- Assets
Furthermore, if either divorce party has the following:
- Investments;
- Employment Savings Accounts; or
- Separate property — meaning property acquired before the marriage, or by gift or inheritance
Then that person must file an additional piece of paper known as a Supporting Schedule, which is a form that discloses this information. After you have filled out your Sworn Financial Statement, you must then complete a Certificate of Compliance.
Download the Form
You must read and agree to the terms and conditions.
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