N.J. Stat. § 25:2-25
Transfer or obligation voidable as to present or future creditor
New Jersey · New Jersey Statutes Title 25 — Frauds and Fraudulent Conveyances · Status: effective
Cite this
- Citation
- N.J. Stat. § 25:2-25, Transfer or obligation voidable as to present or future creditor, New Jersey, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1453036
- Permanent ID
ys:prov:1453036@1- SHA-256
5b67eeb9e2b4e56407ae15edff9eb91f940ad62a88994ee78566995b875aa25d
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
25:2-25. Transfer or obligation voidable as to present or future creditor.
a. A transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor's claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation:
(1) With actual intent to hinder, delay, or defraud any creditor of the debtor; or
(2) Without receiving a reasonably equivalent value in exchange for the transfer or obligation, and the debtor:
(a) Was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction; or
(b) Intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor's ability to pay as they become due.
b. A creditor making a claim for relief under subsection a. of this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.