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Nail, In re--Richardson v. Younce

Nail, In re--Richardson v. Younce

Ruling
Judgment should be entered in favor of plaintiff trustee in avoidance proceeding where debtor made a gift to her son and received nothing in exchange for the transfer. (Bankr. W.D. Mich.)
Issue(s)
Fraudulent Transfers and Obligations; Elements of Fraudulent Transfers; Avoidable Transfers; Transfers Presumed Fraudulent.

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Consumer opinion summary, case decided on January 11, 2023 , LexisNexis #0423-064