The trustee may void any fraudulent transfer made by the debtor within two (2)years of bankruptcy when the debtor's actual intent was to hinder,delay,or defraud creditors by engaging in the transfer.

Name: The trustee may void any fraudulent transfer made by the debtor within two (2)years of bankruptcy when the debtor's actual intent was to hinder,delay,or defraud creditors by engaging in the transfer.
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Question

Quizplus · Accepted Answer

This is in accordance with the bankruptcy code, specifically under 11 U.S. Code § 548.

The Trustee May Void Any Fraudulent Transfer Made by the Debtor