Jean A. Stanko - Page 21

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          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.                                     





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