Voidable Transfer Act Litigation
Where a creditor has a claim against a debtor’s assets, whether by judgment or otherwise, that debtor may not convey or otherwise dispose of such property in an effort, or to the effect, to deprive the creditor of her legitimate right to recover such assets as may satisfy the obligation due the creditor.
A [voidable transfer] fraudulent conveyance is a transfer by a debtor of property to a third person undertaken with the intent to prevent a creditor from reaching that interest to satisfy its claim. Yaesu Electronics Corp. v. Tamura (1994) 28 Cal. App. 4th 8, 13. The Voidable Transfer Act prohibits debtors from transferring or placing property beyond the reach of their creditors when that property should be available for the satisfaction of the creditors’ legitimate claims.
The Law Offices of Homan Mobasser, APLC has effectively represented various clients in both prosecuting and defending voidable transfers. The aggressive, zealous and proactive approaches of the Law Offices of Homan Mobasser, APLC will assist in bringing rapid and appreciated results to your voidable transfer act case. Please contact the attorneys at Law Offices of Homan Mobasser, APLC at 424-224-0026 to have your voidable transfer act case evaluated.