This is a communication from a debt collector. We are attempting to collect a debt, and any information obtained will be used for that purpose.

Marcadis Blog

Fraudulent Conveyance – Third In A Series

Constructive Transfers

A constructive conveyance does not require fraudulent intent, but rather it solely involves the underlying financial aspects of the deal. Specifically, if the debtor accepted less than the fair market value for an asset at a time when the debtor was in a distressed financial condition and as a result of the transfer, the transferor becomes insolvent or is left with unreasonably small capital to continue in business after the transfer. This may be considered a constructive transfer.

Unlike the deliberate fraudulent transfer, no intent to defraud is required to be found guilty of constructive fraudulent transfer.

 

Categories

ASSETS MOVE. TRAILS GO COLD. THE CLOCK IS NOT ON YOUR SIDE.

Move it now.
(813) 288-1881.