Jimmy D. Morris, Transferee - Page 10




                                               - 10 -                                                  
                  The UFTA specifies a number of factors that may be                                   
            considered in determining whether the debtor made transfers, or                            
            incurred obligations, with intent to hinder, delay, or defraud a                           
            creditor.9  Among these factors are:  (1) Whether the transfer                             



                  9 Fla. Stat. sec. 726.105(2) (1988) provides:                                        
                        In determining actual intent under paragraph                                   
                  (1)(a), consideration may be given, among other                                      
                  factors, to whether:                                                                 
                        (a) The transfer or obligation was to an insider.                              
                        (b) The debtor retained possession or control of                               
                  the property transferred after the transfer.                                         
                        (c) The transfer or obligation was disclosed or                                
                  concealed.                                                                           
                        (d) Before the transfer was made or obligation was                             
                  incurred, the debtor had been sued or threatened with                                
                  suit.                                                                                
                        (e) The transfer was of substantially all the                                  
                  debtor’s assets.                                                                     
                        (f) The debtor absconded.                                                      
                        (g) The debtor removed or concealed assets.                                    
                        (h) The value of the consideration received by the                             
                  debtor was reasonably equivalent to the value of the                                 
                  asset transferred or the amount of the obligation                                    
                  incurred.                                                                            
                        (i) The debtor was insolvent or became insolvent                               
                  shortly after the transfer was made or the obligation                                
                  was incurred.                                                                        
                        (j) The transfer occurred shortly before or                                    
                  shortly after a substantial debt was incurred.                                       
                        (k) The debtor transferred the essential assets of                             
                  the business to a lienor who transferred the assets to                               
                  an insider of the debtor.                                                            



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