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fraudulent transfer

A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value (SA-Bankruptcy.com)

also:{{}}fraudulent conveyance

A fraudulent transfer is a transfer of an asset for less than fair value. Fraudulent, in this situation, does not mean that a criminal fraud has occurred. It means only that the transfer has placed the asset out of the reach of the trustee or creditors. This transfer may be avoided (reversed) by the bankruptcy court.

If a debtor, prior to filing bankruptcy, were to sell a $100,000 piece of real estate to a friend for $10, the transfer would probably be a fraudulent transfer. (Bernstein's Dictionary of Bankruptcy Terminology)

A transfer of a debtor's property made with intent to defraud or for which the debtor receives less than the transferred property's value. (BankruptcyAction.com)

United Glossary of Bankruptcy Terms 2012.

fraudulent transfer: A fraudulent transfer is a transfer of an asset for less than fair value. Fraudulent, in this situation, does not mean that a criminal fraud has occurred. It means only that the transfer has placed the asset out of the reach of the trustee or creditors. This transfer may be avoided (reversed) by the bankruptcy court. If a debtor, prior to filing bankruptcy, were to sell a $100,000 piece of real estate to a friend for $10, the transfer would probably be a fraudulent transfer.

Glossary of Bankruptcy.