Definitions for "fraudulent transfer"
Keywords:  debtor, defraud, hide, obligor, seized
a transfer of an asset for less than fair value
see Uniform Fraudulent Transfer Act - Judgment Debtors often try to hide their assets. One method they like to attempt is to transfer property to a friend of family member with little or no consideration in an attempt to place the property beyond the reach of their creditors. A skilled judgment collector is able to identify such transfers and move the Court to set aside the fraudulent transfer and allow the property to be seized to satisfy the judgment.
Actions by an obligor to deliberately transfer assets or to enter into an obligation to avoid child support.
Keywords:  freeze