Legal Question in Personal Injury in Pennsylvania

You should be aware of the Pennsylvania Uniform Fraudulent Transfers Act, (PUFTA) 12 Pa.C.S.A. � 5101 et seq. I suppose the relevant question is whether you anticipate being sued on a debt you presently owe to a creditor, or on a contingent claim (like a personal injury suit). Pay close attention to the definitions in the statute.

Take a look at this article to get a better idea of the purpose of the statute: http://palawblog.stark-stark.com/2009/10/articles/business-corporate/the-pennsylvania-fraudulent-transfers-act-a-useful-tool-to-avoid-debtors-sham-sales-of-assets-and-turn-judgments-into-dollars-in-a-slowing-economy/.

Best of luck to you.

Cary B. Hall, Esquire

Law Offices of Cary B. Hall, L.L.C.

121 East Chestnut Street, Suite 205

Souderton, PA 18964

T: (267) 663-9995

F: (215) 525-4364

[email protected]

http://www.carybhall.com