§ 28-3107. Remedies of creditors.

Current through October 23, 2012

(a) In an action for relief against a transfer or obligation under this chapter, a creditor, subject to the limitations in section 28-3108, 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 in accordance with the procedure prescribed by sections 16-501 through 16-584;

(3) Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

(A) An injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

(B) Appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or

(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.

                
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(Feb. 9, 1996, D.C. Law 11-83, § 2, 42 DCR 6773.)

HISTORICAL AND STATUTORY NOTES

Prior Codifications

1981 Ed., § 28-3107.

Legislative History of Laws

For legislative history of D.C. Law 11-83, see Historical and Statutory Notes following § 28-3101.

Uniform Law

This section is based upon § 7 of the Uniform Fraudulent Transfer Act. See Volume 7A, Part II Uniform Laws Annotated, Master Edition, or ULA Database on Westlaw.