Creditor's remedies.

1. Law
2. Oklahoma Statutes
3. Debtor and Creditor
4. Creditor's remedies.

A. In an action for relief against a transfer or obligation pursuant to the provisions of the Uniform Fraudulent Transfer Act, a creditor, subject to the limitations of Section 9 of this act, may obtain:

1. Avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim; or

2. An attachment or other provisional remedy against the asset transferred or other property of the transferee as provided for by law; or

3. Subject to applicable principles of equity and in accordance with applicable rules of civil procedure:

• a.an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property, or
• b.appointment of a receiver to take charge of the asset transferred or of other property of the transferee, or
• c.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.

Added by Laws 1986, c. 100, § 8, eff. Nov. 1, 1986.

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