378A.070 Remedies of creditor.

162 words·~1 min read·/ky/chapter-378a/378a-070

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

(1)In an action for relief against a transfer or obligation under this chapter, a creditor,

subject to the limitations in KRS 378A.080, may obtain:

(a)Avoidance of the transfer or obligation to the extent necessary to satisfy the

creditor's claim;

(b)An attachment or other provisional remedy against the asset transferred or

other property of the transferee if available under applicable law; and

(c)Subject to applicable principles of equity and in accordance with applicable

Rules of Civil Procedure:

1. An injunction against further disposition by the debtor or a transferee, or

both, of the asset transferred or of other property;

2. Appointment of a receiver to take charge of the asset transferred or of

the other property of the transferee; or

3. Any other relief the circumstances may require.

(2)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.