Iowa Code

Iowa Code § 684.4 (2026)

Transfer or obligation voidable as to present or future creditor

✓ current as of July 2026
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1. A transfer made or obligation incurred by a debtor is voidable as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation under any of the following circumstances:

a. With actual intent to hinder, delay, or defraud any creditor of the debtor.

b. Without receiving a reasonably equivalent value in exchange for the transfer or obligation, if either of the following applies:

(1) The debtor was engaged or was about to engage in a business or a transaction for which the remaining assets of the debtor were unreasonably small in relation to the business or transaction.

(2) The debtor intended to incur, or believed or reasonably should have believed that the debtor would incur, debts beyond the debtor’s ability to pay as they became due.

2. In determining actual intent under subsection 1, paragraph “a”, consideration may be given, among other factors, to whether any or all of the following apply:

a. The transfer or obligation was to an insider.

b. The debtor retained possession or control of the property transferred after the transfer.

c. The transfer or obligation was disclosed or concealed.

d. Before the transfer was made or obligation was incurred, the debtor had been sued or threatened with suit.

e. The transfer was of substantially all the debtor’s assets.

f. The debtor absconded.

g. The debtor removed or concealed assets.

h. The value of the consideration received by the debtor was reasonably equivalent to the value of the asset transferred or the amount of the obligation incurred.

i. The debtor was insolvent or became insolvent shortly after the transfer was made or the obligation was incurred.

j. The transfer occurred shortly before or shortly after a substantial debt was incurred.

k. The debtor transferred the essential assets of the business to a lienor that transferred the assets to an insider of the debtor.

3. A creditor making a claim for relief under subsection 1 has the burden of proving the elements of the claim for relief by a preponderance of the evidence. 94 Acts, ch 1121, §8; 2016 Acts, ch 1040, §3, 15 Referred to in §684.3, 684.8, 684.9 2016 amendment applies to a transfer made or an obligation incurred, as provided in §684.6, on or after July 1, 2016; 2016 Acts, ch 1040, §15\n\nTue Dec 09 21:57:13 2025 Iowa Code 2026, Chapter 684 (32, 0) §684.5, VOIDABLE TRANSACTIONS 4 \n

Notes of Decisions
Cited in 20 cases (3 in the last 5 years), 2002–2023 · leading case: Sergeant v. OneWest Bank, FSB (In re Walter), 462 B.R. 698 (Bankr. D. Iowa 2011).
Sergeant v. OneWest Bank, FSB (In re Walter), 462 B.R. 698 (Bankr. D. Iowa 2011). · cites it 19× “Fraudulent Conveyance under Iowa Code Chapter 684 Defendant also moves to dismiss Count III of Trustee’s Complaint where the Trustee seeks, under § 544, to avoid transfers under Iowa Code §§ 684.4 (1)(b) and 684.5(1). These sections are part of Iowa’s enactment of the Uniform…”
Iowa Supreme Court Attorney Disciplinary Bd. v. Mason James Ouderkirk, 845 N.W.2d 31 (Iowa 2014). · cites it 12× “” Iowa Code § 684.4 (1)(a) (2003). This is a complicated inquiry subject to the consideration of a number of factors.”
In Re Schaefer, 331 B.R. 401 (Bankr. D. Iowa 2005). · cites it 9× “Iowa Code §§ 684.4 , 684.5. Plaintiff must prove each of the elements of a fraudulent transfer by clear and convincing evidence.”
Nw. Bank & Trust Co. v. First Illinois Nat'l Bank, 221 F. Supp. 2d 1000 (S.D. Iowa 2002). · cites it 6× “A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation under any of the following…”
Webster Indus., Inc. v. Northwood Doors, Inc., 320 F. Supp. 2d 821 (N.D. Iowa 2004). · cites it 2× “Iowa Code § 684.4 . The Iowa UFTA also defines transfers that are “fraudulent” only as to present creditors as follows: 1.”
Larry Schaefer & Elaine Schaefer, Husband & Wife v. Raymond Schaefer v. Larry Schaefer & Elaine Schaefer, Husband & Wife, 795 N.W.2d 494 (Iowa 2011). · cites it 4× “” Iowa Code § 684.4 (1)(a )-(b). Creditors have the right to set a fraudulent conveyance aside and collect the proceeds to satisfy the debt owed.”
Litig. Trust of MDIP Inc. v. De La Rue Cash Sys. Inc. (In Re MDIP Inc.), 332 B.R. 129 (Bankr. D. Del. 2005). · cites it 2× “05(A) (2005); Iowa Code Ann. §§ 684.4 (l)(b) and 684.5(1) (2005); Del.”
Sergeant v. G.R.D. Investments L.L.C. (Schaefer), 331 B.R. 401 (Bankr. D. Iowa 2005). · cites it 9× “Iowa Code §§ 684.4 , 684.5. Plaintiff must prove each of the elements of a fraudulent transfer by clear and convincing evidence.”
Finn v. All. Bank, 838 N.W.2d 585 (Minn. Ct. App. 2013). “§ 32-18-2-19 (LexisNexis 2002); Iowa Code §§ 684.4 , .9 (2001) (adopting the UFTA's discovery provision, changing time limit to five years rather than four); Kan.”
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). · cites it 26× “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
First Am. Bank v. Andrews (In re Andrews), 540 B.R. 379 (Bankr. S.D. Iowa 2015). · cites it 2× “Iowa Code § 684.4 (2). Facts supporting multiple badges of fraud are present in the record.”
Zane Algreen v. Timothy Gardner & Gardner Crop Ins., Inc., 919 N.W.2d 768 (Iowa Ct. App. 2018). · cites it 12× “The Uniform Fraudulent Transfer Act (UFTA), Iowa Code chapter 684, governs fraudulent transactions.”
— Iowa Code § 684.4(1) — 4 cases
Sergeant v. OneWest Bank, FSB (In re Walter), 462 B.R. 698 (Bankr. D. Iowa 2011). “Fraudulent Conveyance under Iowa Code Chapter 684 Defendant also moves to dismiss Count III of Trustee’s Complaint where the Trustee seeks, under § 544, to avoid transfers under Iowa Code §§ 684.4 (1)(b) and 684.5(1). These sections are part of Iowa’s enactment of the Uniform…”
Iowa Supreme Court Attorney Disciplinary Bd. v. Mason James Ouderkirk, 845 N.W.2d 31 (Iowa 2014). “” Iowa Code § 684.4 (1)(a) (2003). This is a complicated inquiry subject to the consideration of a number of factors.”
Nw. Bank & Trust Co. v. First Illinois Nat'l Bank, 221 F. Supp. 2d 1000 (S.D. Iowa 2002). “A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation under any of the following…”
— Iowa Code § 684.4(1)(a) — 2 cases
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
— Iowa Code § 684.4(1)(b) — 1 case
Sergeant v. OneWest Bank, FSB (In re Walter), 462 B.R. 698 (Bankr. D. Iowa 2011). “Fraudulent Conveyance under Iowa Code Chapter 684 Defendant also moves to dismiss Count III of Trustee’s Complaint where the Trustee seeks, under § 544, to avoid transfers under Iowa Code §§ 684.4 (1)(b) and 684.5(1). These sections are part of Iowa’s enactment of the Uniform…”
— Iowa Code § 684.4(2) — 5 cases
Iowa Supreme Court Attorney Disciplinary Bd. v. Mason James Ouderkirk, 845 N.W.2d 31 (Iowa 2014). “” Iowa Code § 684.4 (1)(a) (2003). This is a complicated inquiry subject to the consideration of a number of factors.”
Nw. Bank & Trust Co. v. First Illinois Nat'l Bank, 221 F. Supp. 2d 1000 (S.D. Iowa 2002). “A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation under any of the following…”
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
Zane Algreen v. Timothy Gardner & Gardner Crop Ins., Inc., 919 N.W.2d 768 (Iowa Ct. App. 2018). “The Uniform Fraudulent Transfer Act (UFTA), Iowa Code chapter 684, governs fraudulent transactions.”
— Iowa Code § 684.4(2)(b) — 1 case
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
— Iowa Code § 684.4(2)(c) — 1 case
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
— Iowa Code § 684.4(2)(j) — 1 case
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
— Iowa Code § 684.4(3) — 1 case
Renae E. Hindman v. Brian E. Hindman & Cody E. Hindman (Iowa Ct. App. 2022). “Iowa Code § 684.4 (1) (2019); see also Algreen, 2018 WL 3057438 , at *3.”
— Iowa Code § 684.4(l)(a) — 1 case
Nw. Bank & Trust Co. v. First Illinois Nat'l Bank, 221 F. Supp. 2d 1000 (S.D. Iowa 2002). “A transfer made or obligation incurred by a debtor is fraudulent as to a creditor, whether the creditor’s claim arose before or after the transfer was made or the obligation was incurred, if the debtor made the transfer or incurred the obligation under any of the following…”
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