A fraudulent conveyance, or fraudulent transfer, is a civil cause of action. It arises in debtor/creditor relations, particularly with reference to insolvent debtors. The cause of action is typically brought by creditors or by bankruptcy trustees.
Read more about Fraudulent Conveyance: Overview
Famous quotes containing the words fraudulent and/or conveyance:
“A fraudulent intent, however carefully concealed at the outset, will generally, in the end, betray itself.”
—Titus Livius (Livy)
“Writing [for the novelist] is not an activity, but a condition. That is why one simply can’t resume the work when one has a job and a free half-day. Reading is the conveyance of this condition.”
—Robert Musil (1880–1942)