Quote:
Originally Posted by kstarnes
INAL (I'm not a lawyer), but in specific cases the issue of "fraudulent conveyance" may apply if you are selling or transferring assets to another party to avoid collection or liquidation of that asset by someone who has a known potential or pending claim against you.
FWIW.
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Yes. If the transfer is made for the purpose of avoiding attachment, many jurisdictions will set it aside on some sort of fraudulent conveyance theory.