Substantial debt was taken on shortly before or after the transfer.<\/li>\n<\/ul>\nThese and other “badges of fraud” need to be dealt with carefully by debtors, since they do not serve as proof of intent to defraud, but only possible signs of fraudulent intent. Legitimate defenses and explanations may exist for certain transactions and debts aside from fraud.<\/p>\n
Whether the basis for taking action against a debtor, the plaintiff must prove intent to defraud by clear and convincing evidence, a higher standard than the ordinary preponderance standard. Debtors can and should benefit from working with an experienced attorney to defend themselves against unfounded accusations of fraudulent transfer and to know when a bankruptcy filing may put them at risk for such accusations.<\/p>\n","protected":false},"excerpt":{"rendered":"
In a previous post, we mentioned that fraudulent transfer may be found in cases where a debtor voluntarily or involuntarily transferred assets or incurred debts with actual intent to hinder, delay or defraud any entity to which the individual was indebted. We also noted that fraudulent transfer may be found in cases where the debtor […]<\/p>\n","protected":false},"author":32,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","inline_featured_image":false,"footnotes":""},"categories":[9],"tags":[],"_links":{"self":[{"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/posts\/49067"}],"collection":[{"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/users\/32"}],"replies":[{"embeddable":true,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/comments?post=49067"}],"version-history":[{"count":1,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/posts\/49067\/revisions"}],"predecessor-version":[{"id":60062,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/posts\/49067\/revisions\/60062"}],"wp:attachment":[{"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/media?parent=49067"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/categories?post=49067"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/millermillerlaw.com\/wp-json\/wp\/v2\/tags?post=49067"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}