Tennessee § 66-3-308 Remedies of creditors

Tennessee Statutes

§ 66-3-308 — Remedies of creditors

(a)In an action for relief against a transfer or obligation under this part, a creditor, subject to the limitations in § 66-3-309 , may obtain:

(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 title 26;

(3)Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

(A)An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

(B)Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (C) Any other relief the circums

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(a) In an action for relief against a transfer or obligation under this part, a creditor, subject to the limitations in § 66-3-309 , may obtain: (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 title 26; (3) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure: (A) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property; (B) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (C) Any other relief the circumstances may require. (b) If a creditor has obtained a judgment on a claim against the debtor, the creditor, if the court so orders, may levy execution on the asset transferred or its proceeds.

Tennessee § 66-3-308 (Remedies of creditors) — published by Counsel Stack Legal Research, free access to 12M+ legal documents.