![]() ![]() What Is a Fraudulent Conveyance?Ī fraudulent conveyance (also known as fraudulent transfer) is an attempt to hinder, delay, or avoid a debt or judgment by transferring an asset or interest in an asset to another entity or individual. This includes representing judgment creditors and debtors in claims of fraudulent conveyance / fraudulent transfer. This includes fraudulent conveyances made by a debtor who is unable to satisfy obligations to a creditor.Īt Hendershot Cowart P.C., our award-winning attorneys counsel clients, companies, and colleagues across Texas in a range of matters involving business transactions, disputes, and litigation. While the state of Texas permits a range of transfers and means of mitigating liability or protecting assets, certain transfers may violate the Texas Uniform Fraudulent Transfers Act (TUFTA). However, there are also rules and restrictions. In business and transactional dealings, there are laws that allow entities or individuals to protect assets against judgments and debt collection.
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