There are four types of fraudulent transactions, sometimes referred to as fraudulent conveyances or fraudulent transfers.

The first type of fraudulent transfer is one made with the actual intent to defraud creditors. The creditors for whose protection these types of fraudulent transfers apply are not limited to current creditors of the transferor; they also include any future creditors of the transferor. Transfers with the actual intent to defraud creditors are unlawful regardless of whether or not the transfers are made for reasonably equivalent value, and regardless of whether or not the transferor is insolvent or incapable of paying his obligations as they become due.

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