Current through 2024 First Special Session
Section 40-1A-7 - Remedies of creditors(a) In an action for relief against a transfer or obligation under this article, a creditor, subject to the limitations in section eight 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;(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.