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:
“It is pretty obvious that the debasement of the human mind caused by a constant flow of fraudulent advertising is no trivial thing. There is more than one way to conquer a country.”
—Raymond Chandler (1888–1959)
“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)