Fraudulent Conveyance Act (UK)

The Fraudulent Conveyance Act (UK) is a law that makes certain transfers of assets by a debtor to others invalid if done intentionally to avoid paying creditors. If someone transfers property or money to hide assets or prevent creditors from claiming them, and it’s done with the intent to defraud, the law allows creditors or the court to challenge and undo those transfers. The goal is to prevent debtors from unfairly hiding assets and ensure creditors can recover what they are owed, maintaining fairness in commercial transactions.