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Effect Of Bankruptcy Discharge On Creditor’s Standing To Sue Transferee Under New Jersey’s Fraudulent Transfer Act

Posted by April 9, 2016 , , , ,

Picture this scenario: A debtor transfers his assets to his wife to avoid a creditor's judgment.  The debtor then discharges the creditor's judgment in a chapter 7 Bankruptcy.  Can the creditor independently sue the debtor's wife under New Jersey’s Fraudulent Transfer Act (“NJUFTA”), N.J.S.A. 25:2-20 et seq., to avoid the asset transfer e ... Read More.

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