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Simple English definitions for legal terms

fraudulent conveyance

Read a random definition: UCE

A quick definition of fraudulent conveyance:

Fraudulent conveyance is when someone tries to transfer ownership of their property to avoid paying their debts. This is illegal and can be challenged in court by the creditor. It is considered fraudulent when the transfer is made with the intention of cheating the creditor or when it harms the creditor's legal rights. If someone does this, they can be sued and the transfer can be cancelled. This is only allowed in certain situations, such as when the debtor is insolvent or unable to pay their debts. Charitable contributions are exempt from this rule if they are within a certain limit.

A more thorough explanation:

A fraudulent conveyance is when someone transfers ownership of their property to someone else in order to avoid paying their debts to a creditor. This is illegal and can be challenged in court by the creditor. It is considered fraudulent because the person who transferred the property did it with the intention of cheating their creditor.

  • John owes $10,000 to his credit card company. He transfers ownership of his car to his brother so that the credit card company can't take it to pay off his debt. This is a fraudulent conveyance.
  • Sarah is about to file for bankruptcy because she can't pay her bills. She gives her expensive jewelry to her friend so that the bankruptcy court won't take it to pay off her debts. This is a fraudulent conveyance.

These examples illustrate how someone might try to cheat their creditors by transferring ownership of their property to someone else. This is illegal and can have serious consequences.

fraudulent concealment | fraudulent misrepresentation

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1a2b3c4d26z
14:46
What is everyone else doing tonight
1a2b3c4d26z
14:47
Besides YM of course
14:47
Yoooo I’m a lifter too
14:47
I'm all good, I'm tipsy in Zanzibar finishing an app and laughing my ass off to this:
babycat
14:48
renard what are you drinking?
BulbasaurNoLikeCardio
14:50
Feeling like sad drinking tonight, wife accidentally tossed out my truck keys and those are expensive as fuck to replace. The crappiest part is that the key chain had the "remove before flight" tab from my first aircraft's rocket pods overseas from 6 years ago. Then find out people fucked around and back dated reports at work making me look like a shit bag so I am working later tonight and missing range time which is my weekly relax/me time. Add in my sleep meds stopped working, so I am thinking vodka (so I stay skinny and hot) and pizza by the fireplace kind of friday.
1a2b3c4d26z
14:51
Renard if you're not drinking margs Im gonna throw hands
14:51
Was at a restaurant and they decided to have me try something called "Double Kick" free of charge, it's like a sugar cane liquor with pineapple flavor
1a2b3c4d26z
14:51
missing range time :(
1a2b3c4d26z
14:52
That sounds good renard but unfortunately I'll still have to throw hands
Tonight I’m Having a date with this guy who asked me out couple times
BulbasaurNoLikeCardio
14:54
What made you give in and go out after he asked a couple times?
Other failed dates
babycat
14:55
That’ll do it
Question, how many of u would sleep on first date
babycat
14:57
honestly my answer is it depends
babycat
14:57
there has to be a very specific vibe to make me want to do that. not like a regular date
babycat
14:59
and sometimes you want to and you still don’t do ir
babycat
14:59
it
babycat
15:00
but I don’t use dating apps so all my first dates are with people I’ve already met in some context, which it sounds like is your situation too
Dkk
15:00
I could never imagine myself doing that on a first date.
Dkk
15:01
@BulbasaurNoLikeCardio: hope things get better
babycat
15:01
@Dkk: what if it’s someone you’ve known for a long time but never dated?
Dkk
15:03
Maybe but things would have to go like perfectly. I could not imagine them going perfectly.
15:04
Sleeping on the first date just isn't my style, idk. I take things painfully slowly and much prefer to befriend and really get to know a girl first before doing any of that
Ok another question, what do u tell the ppl u sleeping with already that ur going on dates
Dkk
15:05
The bigger issue is if I sleep with them will I have the emotional connection to finish cus it is harder for me to finish if I do not know the person.
bigroger100
15:05
Anyways when the fuck are either of the colorados schools releasing their shit. Smh
BulbasaurNoLikeCardio
15:05
@Rightfullytherlauren: If the person is clean or has a good vibe I will do it the first date
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