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05 Why It’s Important That Declarations of Disclosure Are Accurate
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Each party of a divorce action is required to file a Preliminary Declaration of Disclosure within 60 days of the Petition for Divorce being legally served. The court may not always strictly enforce the 60-day deadline, however, the divorce cannot be finalized without at least the Preliminary Declaration of Disclosure being filed by each party. A Final Declaration of Disclosure is typically filed at the end of the case but can be waived upon agreement by both parties.
The Declaration of Disclosure consists of two different legal documents - the Income and Expense Declaration and the Schedule of Assets and Debts, both of which require further documentation to be attached.
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