§ 32-18-2-17 — Remedies of creditor

Indiana § 32-18-2-17

• Jurisdiction: Indiana
• Title 32: PROPERTY
• Art. 18: INTERESTS OF CREDITORS IN PROPERTY
• Ch. 2: Uniform Fraudulent Transfer Act

Text

(a) In an action for relief against a transfer
or an obligation under this chapter, a creditor, subject to the limitations
in section 18 of this chapter, may obtain any of the following:
(1) Avoidance of the transfer or obligation to the extent necessary
to satisfy the creditor's claim.
(2) An attachment or other provisional remedy against the asset
transferred or other property of the transferee in accordance with
the procedure prescribed by IC 34-25-2-1 or any other applicable
statute providing for attachment or other provisional remedy
against debtors generally.
(3) Subject to applicable principles of equity and in accordance
with applicable rules of civil procedure, any of the following:
(A) An injunction against further disposition by the debtor or a
transferee, or both, of the asset transferred, its proceeds, or of
other property.
(B) Appointment of a receiver to take charge of the asset
transferred or of the property of the transferee.
(C) Any other relief the circumstances require.
(b) If a creditor has obtained a judgment on a claim against the
debtor, the creditor, if the court orders, may levy execution on the asset
transferred or its proceeds.
[Pre-2002 Recodification Citation: 32-2-7-17.]

Legislative History

As added by P.L.2-2002, SEC.3.