A Wilmington, Delaware, Bankruptcy Litigation Firm

The Uniform Fraudulent Transfer Act (UFTA) provides bankruptcy trustees and creditors with an objective test to determine whether a debtor has engaged in an illegal transfer of property or assets prior to filing for bankruptcy and, if fraudulent activity is discovered, with the powerful legal weapons needed to return those assets to the bankruptcy estate.

Debtors found to have engaged in fraudulent transfers of assets or property may also be precluded from filing for bankruptcy.

The Bailey Law Firm also provides creditors, lenders and trustees with a uniquely powerful weapon — 33 years of litigation experience in the Delaware courts. James F. Bailey is the principal attorney assigned to handle fraudulent conveyances. Mr. Bailey has personally managed more than 300 civil jury trials over the course of his career and is admitted to practice in Wilmington’s U.S. Bankruptcy Court, in the U.S. District Court for the District of Delaware and in the U.S. Court of Appeals for the Third Circuit.

The firm offers local counsel services to clients from throughout the United States in adversary proceedings, and to law firms seeking local co-counsel as well.

Creditors’ remedies in fraudulent conveyance actions include:

• Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor’s claim;
• Attachment against the asset transferred or other property of the transferee;
• Injunctive relief against further disposition by the debtor or a transferee, or d
• Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or,
• Any other relief the circumstances may require.

 To schedule a free initial consultation — Contact bankruptcy lawyer James F. Bailey via e-mail or call the firm’s Wilmington offices directly at (302) 658-5686.