§ 276. Remedies of creditor.

171 words·~1 min read·/ny/debtor-creditor/uniform-voidable-transactions-act/276

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

(a)In an action for relief against a

transfer or obligation under this article, a creditor, subject to the

limitations in section two hundred seventy-seven of this article, may

obtain:

(1)avoidance of the transfer or obligation 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.