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Great many thanks. Let me make this question simple and straightforward: If a debtor purchased air tickets for someone (that someone can be a friend or any one else), and that someone traveled using those air tickets and get some work done at a distant place for the debtor (and the debtor and...
Very many thanks again. The debtor was already insolvent when the air tickets for her son were purchased from her money. Her argument is that she received reasonable value in return because he completed her tasks in Asia and, unless her son did not go to Asia, she must have traveled to Asia by...
So many thanks. Once more thing I forgot is that the debtor (she) bought air tickets by using funds from her personal her bank account to her grownup son also, to go to Asia. The son has been living in his own home in a different city (than where the debtor lives) and has his own income. Debtor...
Thanks a bunch. Zddoodah said "A fraudulent transfer is a transaction in which transferor does not receive reasonable value in return" and I agree but, what "reasonable value" the debtor has received in return of paying for debtor's husband's air tickets? how the debtor can show or prove this...
What is the name of your state? Texas
I am judgment creditor. When I verified the financial transactions of the debtor (she), she bought air tickets for her husband’s journey to a country in Asia few times (each time he spent few weeks in that country). Her husband has almost no income. Debtor...
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