§ 3447 Transferee Payment Undertaking Conditions

• •If someone transfers property or promises money to avoid paying a debt, the court can make them pay it back.
• •The person who received the property or money might have to pay the creditor, but only up to the value of what they got or what is actually owed.
• •The court decides how much must be paid back based on what’s fair.

If someone owes money to a bank but gives their car to a friend to avoid paying the debt, the court can step in.

The friend who got the car might have to pay the bank, but only up to the car’s value or the amount the person actually owed the bank.