During a Michigan divorce process, the CC 320 Financial Disclosure Form is crucial when both parties are required to provide a comprehensive account of their financial situation. This form is typically necessary after the plaintiff files a complaint for divorce and the defendant has submitted their initial response. At this stage, parties must exchange financial information to facilitate equitable division of assets and debts, and determine any support obligations. - The process begins with filing a **Complaint for Divorce**. - The defendant responds with an **Answer to Complaint**. - The court may order a **Preliminary Injunction** to prevent changes to finances or property. - Either party can request **Discovery**, which includes the exchange of financial information. Completing the CC 320 Financial Disclosure Form becomes mandatory unless both parties agree in writing to waive it or a settlement has already been reached. It helps define financial responsibilities and obligations by providing a clear view of income, expenses, assets, and debts, thus enabling judges and attorneys to proceed with informed decision-making.