21 debtor's transfer of property if the transfer was made without fair consideration and left the debtor insolvent (i.e., without enough property to pay his or her debts), or it was actually intended (as distinguished from intent presumed in law) to hinder, delay, or defraud any creditor. We need not decide whether Stanko's transfer of the Packerland note to petitioner left Stanko insolvent because respondent has proven that Stanko actually intended to hinder, delay, or defraud creditors, and thus made a fraudulent conveyance under section 36-607 of the Revised Statutes of Nebraska. 2. Was the Transfer Made for Fair Consideration? For purposes of section 36-607 of the Revised Statutes of Nebraska, transfers between spouses are presumed to be fraudulent as to existing creditors. Brown v. Borland, 432 N.W.2d 13, 16-17 (Neb. 1988) (decided under Neb. Rev. Stat. sec. 36-607 (reissue 4(...continued) Every conveyance made and every obligation incurred by a person who is or who will be thereby rendered insolvent is fraudulent as to creditors without regard to his or her actual intent if the conveyance is made or the obligation is incurred without a fair consideration. Sec. 36-607 Conveyances made with intent to defraud. Every conveyance made and every obligation incurred with actual intent, as distinguished from intent presumed in law, to hinder, delay, or defraud either present or future creditors, is fraudulent as to both present and future creditors.Page: Previous 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Next
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