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Fraudulent transfer

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fraudulent transfer A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value.

 


Fraudulent transfers. The trustee may avoid a transfer of assets made by the debtor to any transferee within one year of filing the petition where such transfer was made to defraud creditors or where the transfer was made for less than its fair ...

have a bulk sales law, and in most it applies only to companies that manufacture or sell inventory from stock. The Uniform Commercial Code and most states have repealed their bulk sales law since remedies are provided by the Fraudulent Transfer Act.

See also: Transfer, Law, State, Estate, Trust

Law Fraudulent conveyanceFree

 
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