By Andrew R. Schwartz | Published May 20, 2024 | Posted in Fraudulent transfers | Tagged Tags: assets, debts, fraudulent transfer | Comments Off on Spotting the Signs of Fraudulent Transfers
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Spotting the Signs of Fraudulent Transfers
Imagine a scenario where a debtor, facing mounting financial pressure, strategically transfers assets to avoid paying what is owed. The dissipation of resources to hinder creditors from collecting their debts is known as a fraudulent transfer. The Illinois Uniform Fraudulent Transfer Act (IUFTA) allows creditors to challenge transfers made by debtors with the intent to Read More
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Out-Of-State Judgment Creditors FAQs
Much of our practice focuses on helping out-of-state judgment creditors collect debts from debtors with assets in and around the Chicago metropolitan area. This blog post addresses a number of FAQs that we get from time to time.
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