Under the UFTA, transfers made to a creditor are deemed fraudulent when, among other factors, no reasonably equivalent value was exchanged.
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The practical truth is that the UFTA is poorly drafted.
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The Act is confusing to those of us who practice in the area regularly, and it can be easily misunderstood and misapplied by those courts which do not regularly face UFTA issues, i.e.
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