Once you’ve filed a petition or response, the very next step is to file a disclosure document. It’s a fancy way of saying that you let the other party know what you believe all the assets and debts in the case are.
There are two major documents that we file. The first is the schedule of assets and debts, and the second is the income and expense declaration. All of your assets, debts, income, and expenses are laid out in these documents.
At this time, either party can decide whether they need more information based on what has been received, or you can get ready to start talking negotiation.
If you have any questions for me, don’t hesitate to reach out via phone or email. I look forward to hearing from you soon.