Fraudulent Conveyance
/ˈfrɔːdʒələnt kənˈveɪəns/
Definitions
- (n.) A transfer of property made with intent to hinder, delay, or defraud creditors, often considered void or voidable under insolvency or bankruptcy law.
The court declared the transfer a fraudulent conveyance and reversed it to repay creditors.
Forms
- fraudulent conveyances
Related terms
Commentary
The term is primarily used in insolvency and creditor-debtor law to identify transfers designed to defeat creditors; drafting should clearly establish intent and timing relative to insolvency.
This glossary is for general informational and educational purposes only. Definitions are jurisdiction-agnostic but reflect terminology and concepts primarily drawn from English and American legal traditions. Nothing herein constitutes legal advice or creates a lawyer-client relationship. Users should consult qualified counsel for advice on specific matters or jurisdictions.