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Debt and Divorce

Financial Disclosures and Divorce

By:  Sarah T. McCain In every Colorado divorce proceeding, the court will require each party to complete and file a Sworn Financial Statement.  This requirement regarding financial disclosures in a divorce comes from C.R.C.P. Rule 16.2. Among the variety of items that you are required to list on that SFS is debt,
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Marital Debt (Joint vs. Individual) in a Divorce

By:  Sarah T. McCain In every Colorado divorce proceeding, the court will require each party to complete and file a Sworn Financial Statement.  This requirement regarding financial disclosures in a divorce comes from C.R.C.P. Rule 16.2. Among the variety of items that you are required to list on that SFS is debt,
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COLORADO DIVORCE AND FILING FOR BANKRUPTCY (PART 2)

The first part of this discussion on bankruptcy gave an overview of the bankruptcy process and how it applied to couples who were still married. The second part will discuss the impact of bankruptcy when a couple separates or divorces. What Happens If a Couple Separates? In some respects, if a couple
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COLORADO DIVORCE AND FILING FOR BANKRUPTCY (PART 1)

When Denver couples divorce, few anticipate that one of the parties will file for bankruptcy, or that the bankruptcy could have such an impact on both of their lives. That is because there is a lot of confusion about bankruptcy in general: who applies for bankruptcy, what it involves, and its long-term
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DENVER DIVORCE AND FINANCIAL DISCLOSURES

Denver family law attorneys at Plog & Stein, P.C., are well abreast of the requirements set forth by Colorado statute and the courts related to divorce. One of the most important steps required by the courts relates to financial disclosures. Most people who have had a divorce or child support case will
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MARITAL DEBT AND YOUR COLORADO DIVORCE

The attorneys at Plog & Stein, P.C. help many Denver area family law clients come to grips with the concept of what constitutes “marital debt.” Ironically, when looking through the statutory section regarding divorce in Colorado, C.R.S. Title 14, Article 10, or the Uniform Dissolution of Marriage Act, one will find that
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