In debt and judgment collection cases, a defendant or judgment debtor may attempt to fraudulently conceal their or its assets by transferring them to an associate, family member, a related company, or other third parties to avoid paying the creditor. So, what should a creditor do in fraudulent conveyance cases?
What Are a Creditor’s Rights and Remedies When a Debtor Fraudulently Transfers Property or Assets To Avoid Paying A Debt Or Collection Of A Judgment?
Georgia adopted the Georgia Voidable Transactions Act, which follows by numerous states model statutes.
Obtaining a judgment against a defendant is just the first step in recovering what you are owed, but completing the collection process is complicated and successful debt collection requires the assistance of an experienced judgment collection attorney. Diwan law provides legal advice for all aspects of debt collection.
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