Legal Contracts Software Generator - Legal Contract Agreement Template for Fraudulent Conveyance

# Fraudulent Conveyance Agreement **This Fraudulent Conveyance Agreement ("Agreement") is made and entered into as of [Date], by and between the following parties:** **1. Grantor:** Name: [Grantor's Full Name] Address: [Grantor's Address] City, State, Zip: [City, State, Zip] **2. Grantee:** Name: [Grantee's Full Name] Address: [Grantee's Address] City, State, Zip: [City, State, Zip] **Recitals:** WHEREAS, the Grantor is the owner of certain assets listed in Schedule A attached hereto (the "Assets"); WHEREAS, the Grantor desires to transfer the Assets to the Grantee without consideration, with the intention of defrauding, hindering, or delaying the Grantor's creditors; WHEREAS, the Grantee is willing to accept the transfer of the Assets under these circumstances; NOW, THEREFORE, in consideration of the mutual covenants contained herein, the parties agree as follows: ## 1. Transfer of Assets 1.1 **Assets Transfer:** The Grantor hereby transfers, assigns, and conveys to the Grantee all rights, title, and interest in the Assets as outlined in Schedule A. 1.2 **No Consideration:** The Grantor acknowledges that this transfer is made without any consideration of value exchanged. ## 2. Intent 2.1 **Fraudulent Intent:** The parties acknowledge and agree that the purpose of this transfer is to defraud, hinder, or delay the Grantor's current or future creditors. 2.2 **Acknowledgment of Debts:** The Grantor certifies that there are existing debts, claims, and obligations that the Grantor is aware of, which may be affected by this transfer. ## 3. Representations and Warranties 3.1 **Grantor's Representations:** The Grantor represents and warrants that: - The Grantor is the lawful owner of the Assets; - The Assets are free from any liens or encumbrances except for those disclosed in Schedule A. 3.2 **Grantee's Representations:** The Grantee represents and warrants that: - The Grantee is entering into this Agreement with the knowledge of the Grantor's intention to defraud creditors. ## 4. Indemnification 4.1 **Indemnification by Grantor:** The Grantor agrees to indemnify, defend, and hold harmless the Grantee from any claims, losses, liabilities, or costs arising from any challenge to this transfer by any creditor. ## 5. Governing Law 5.1 **Governing Law:** This Agreement shall be governed by and construed in accordance with the laws of the State of [State]. ## 6. Entire Agreement 6.1 **Entire Agreement:** This Agreement represents the entire understanding between the parties and supersedes any prior discussions or agreements, whether written or oral. ## 7. Amendments 7.1 **Amendments:** This Agreement may not be amended or modified except in writing signed by both parties. ## IN WITNESS WHEREOF, the parties hereto have executed this Fraudulent Conveyance Agreement as of the day and year first above written. --- **GRANTOR:** _____________________________ [Grantor's Full Name] **GRANTEE:** _____________________________ [Grantee's Full Name] --- ### Schedule A: Description of Assets 1. Asset Description: - [Insert detailed description of the assets being transferred] 2. Asset Value: - [Insert estimated value of each asset] --- **Disclaimer:** The above document is for illustrative purposes only. Entering into a fraudulent conveyance is illegal and can result in severe legal consequences. It is recommended to seek legal counsel before entering into any contracts or agreements.