N.Y. Debtor & Creditor Law Section 276
Remedies of creditor

(a)

In an action for relief against a transfer or obligation under this article, a creditor, subject to the limitations in § 277 (Defenses, liability, and protection of transferee or obligee)section two hundred seventy-seven of this article, 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 if available under applicable law; and

(3)

subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

(i)

an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

(ii)

appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or

(iii)

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: Section 276 — Remedies of creditor, https://www.­nysenate.­gov/legislation/laws/DCD/276 (updated Apr. 10, 2020; accessed Oct. 26, 2024).

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Accessed:
Oct. 26, 2024

Last modified:
Apr. 10, 2020

§ 276’s source at nysenate​.gov

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