Illinois Compiled Statutes 740 ILCS 160 Uniform Fraudulent Transfer Act. Section 8

    (740 ILCS 160/8) (from Ch. 59, par. 108)

    Sec. 8. (a) In an action for relief against a transfer or obligation under this Act, a creditor, subject to the limitations in Section 9, 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 the Code of Civil Procedure;

    (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

    (C) 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.

(Source: P.A. 86-814.)

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Last modified: February 18, 2015