Code of Alabama |
Match Context and Document information |
URL: | http://alisondb.legislature.state.al.us/alison/CodeOfAlabama /1975/8-9B-8.htm |
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Depth: | 0 singles |
Size: | 1,398 bytes |
Modified: | 2018-11-16 08:46:44 |
Categories: | -None- |
Title: | 8-9B-8 |
Description: | -None- |
Keywords: | -None- |
Meta data: | -None- |
Body: | Section 8-9B-8 Remedies of creditor. (a) In an action for relief against a transfer under this chapter, a creditor, subject to the limitations in Section 8-9B-9, may obtain: (1) avoidance of the transfer 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 if available under applicable law; and (3) subject to applicable principles of equity and in accordance with applicable rules of civil procedure: (i) an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property; (ii) appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (iii) 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. (Act 2018-163, ยง1.) |