A fraudulent conveyance, or fraudulent transfer, is an attempt to avoid debt by transferring money to another person or company. It 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. ==Overview== A tra...
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http://en.wikipedia.org/wiki/Fraudulent_conveyance
(n) Fraudulent conveyance is the transfer of title to a real property with an intention to avoid any possible claim which is due or may arise on such property. Eg. Selling the property when a creditor filed a suit to recover his dues from such property
Found on
http://www.encyclo.co.uk/local/21213
A conveyance of property without any consideration of value, for the purpose of delaying or bindering creditors. Such a transfer will, when proven to the satisfaction of judge or jury, be declared void.
Found on
http://www.lectlaw.com/def/f138.htm
The transfer (conveyance) of title to real property for the express purpose of putting it beyond the reach of a known creditor. In such a case, the creditor may bring a lawsuit to void the transfer.
Found on
http://www.nolo.com/dictionary/fraudulent-conveyance-term.html
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