Any creditor, without first having obtained a judgment at law, may file the bill in chancery for the creditor, or for the creditor and other creditors, to set aside fraudulent conveyances of property, or other devices resorted to for the purpose of hindering and delaying creditors, and subject the property, by sale or otherwise, to the satisfaction of the debt.
Code 1858, § 4288 (deriv. Acts 1851-1852, ch. 365, § 10); Shan., § 6097; Code 1932, § 10358; T.C.A. (orig. ed.), § 23-1001.
Cross-References. Chancery jurisdiction, §16-11-105.
Conveyances held fraudulent, title 66, ch. 3, part 1.
Joinder of remedies, Tenn. R. Civ. P. 18.02.
Textbooks. Gibson's Suits in Chancery (7th ed., Inman), §§ 388, 447, 451.
Pritchard on Wills and Administration of Estates (4th ed., Phillips and Robinson), § 672.
Tennessee Jurisprudence, 3 Tenn. Juris., Assignments for the Benefit of Creditors, § 15; 3 Tenn. Juris., Attachment and Garnishment, §§ 25, 35, 62, 70, 77, 117, 119, 129; 7 Tenn. Juris., Contribution and Exoneration, § 17; 11 Tenn. Juris., Equity, § 26; 13 Tenn. Juris., Fraudulent and Voluntary Conveyances, §§ 41-44; 15 Tenn. Juris., Injunctions, § 24; 21 Tenn. Juris., Recording Acts, § 6.
Law Reviews.
Certiorari to In re BFP: The Eve of Decision to a Dozen Years of Durett Conflict — Will Resolution of the Issue Solve the Real Problem?, 24 Mem. St. U.L. Rev. 773 (1994).
Enforcement of Judgments in Tennessee, 22 Tenn. L. Rev. 873.
Preferences, Priorities, and Powers of the State in the Collection of Delinquent Revenue: Tennessee's Tax Enforcement Procedures Act (Donald J. Serkin), 8 Mem. St. U.L. Rev. 707.
The Collection of Debts from Insolvent and Fully-Mortgaged Debtors (John A. Walker, Jr.), 43 Tenn. L. Rev. 399.
The Tennessee Court System — Chancery Court (Frederic S. Le Clercq), 8 Mem. St. U.L. Rev. 281.
Comparative Legislation. Creditors' bills:
Ala. Code §6-6-180 et seq.
Ga. O.C.G.A. §18-2-20 et seq.
Miss. Code Ann. §11-31-1 et seq.
N.C. Gen. Stat. § 1-440.3 et seq.
Va. Code § 55-80 et seq.
Cited: Shepard v. Lanier, 192 Tenn. 608, 241 S.W.2d 587, 1951 Tenn. LEXIS 308 (1951); Strasser v. Nashville, 207 Tenn. 24, 336 S.W.2d 16, 1960 Tenn. LEXIS 403 (1960); Hallack v. Hawkins, 409 F.2d 627, 1969 U.S. App. LEXIS 12926 (6th Cir. Tenn. 1969); In re Bell, 55 B.R. 246, 1985 Bankr. LEXIS 4923 (Bankr. M.D. Tenn. 1985); In re Ressler, 61 B.R. 403, 1986 Bankr. LEXIS 6099 (Bankr. E.D. Tenn. 1986); McClure v. Stegall, 729 S.W.2d 263, 1987 Tenn. App. LEXIS 2538 (Tenn. Ct. App. 1987); Passarella v. State, 891 S.W.2d 619, 1994 Tenn. Crim. App. LEXIS 466 (Tenn. Crim. App. 1994); Givler v. Givler, 964 S.W.2d 902, 1997 Tenn. App. LEXIS 657 (Tenn. Ct. App. 1997).