A fraudulent transfer occurs when a debtor makes payment on a prebankruptcy debt up to a year before filing for bankruptcy.

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A fraudulent transfer refers to a debtor intentionally transferring property or assets to another person or entity with the intent to hinder, delay, or defraud creditors. The timing of such transfers can vary and is not limited to payments on prebankruptcy debts up to a year before filing for bankruptcy.

A Fraudulent Transfer Occurs When a Debtor Makes Payment on a Prebankruptcy