Ind. Code § 32-18-2-15
Transfers voidable as to present creditors; creditor's burden of proof
Indiana · Indiana Code Title 32 — Property · Status: effective
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- Ind. Code § 32-18-2-15, Transfers voidable as to present creditors; creditor's burden of proof, Indiana, version 1 as recorded 2026-09-28, yourstate.us, https://yourstate.us/provision/1672004
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Full text
Sec. 15.
(a) A transfer made or an obligation incurred by a debtor is voidable as to a creditor whose claim arose before the transfer was made or the obligation was incurred if:
(1) the debtor made the transfer or incurred the obligation without receiving a reasonably equivalent value in exchange for the transfer or obligation; and
(2) the debtor:
(A) was insolvent at that time; or
(B) became insolvent as a result of the transfer or obligation.
(b) Subject to section 12(d) of this chapter, a creditor making a claim for relief under this section has the burden of proving the elements of the claim for relief by a preponderance of the evidence.