Minnesota Statutes

Minn. Stat. § 513.47 (2026)

Remedies Of Creditor

✓ current as of May 2026

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(a) In an action for relief against a transfer or obligation under sections 513.41 to 513.51, a creditor, subject to the limitations in section 513.48, may obtain:

(1) avoidance of the transfer or obligation to the extent necessary to satisfy the creditor's claim;

(2) an attachment or other provisional remedy against the asset transferred or other property of the transferee if available under applicable law; and

(3) subject to applicable principles of equity and in accordance with applicable Rules of Civil Procedure:

(i) an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property;

(ii) appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or

(iii) 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.

Notes of Decisions

Cited in 24 cases (1 in the last 5 years), 1990–2023 · leading case: Stoebner v. Opportunity Fin., LLC (In re Polaroid Corp.), 543 B.R. 888 (Bankr. D. Minn. 2016).

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Stoebner v. Opportunity Fin., LLC (In re Polaroid Corp.), 543 B.R. 888 (Bankr. D. Minn. 2016). · cites it 2× “47(b) (allowing creditor that “has obtained a judgment on a claim against the debtor,” to “levy execution on the asset transferred or its proceeds”) (both 2014).”

George Reilly, as Tr. of the Nathan L. Bentson 1993 Irrevocable Trust v. Michael J. Antonello, 852 N.W.2d 694 (Minn. Ct. App. 2014). · cites it 2× “” Minn. Stat. § 513.47 (a)(1). To determine whether a person transferred assets fraudulently under the Minnesota Uniform Fraudulent Transfer Act, we consider whether any of the following “badges of fraud” exist.”

New Horizon Enter., Inc. v. Contemporary Closet Design, Inc., 570 N.W.2d 12 (Minn. Ct. App. 1997). · cites it 2× “2d at 231 ; see also Minn. Stat. § 513.47 (outlining relief that may be obtained in an action against transfer or obligation under §§ 513.”

Georgen-Running v. Grimlie (In Re Grimlie), 439 B.R. 710 (8th Cir. BAP 2010). “Minn.Stat. § 513.47(a)(1). 27 . Minnesota is neither a community property nor a tenancy by entireties state.”

Bartholomew v. Avalon Capital Grp., Inc., 828 F. Supp. 2d 1019 (D. Minnesota 2009). · cites it 2× “Minn.Stat. §§ 513.47, 513.48(b) (“[T]o the extent a transfer is voidable in an action by a creditor .”

Running v. Dolan (In re Goodspeed), 535 B.R. 302 (Bankr. D. Minn. 2015). · cites it 5× “citing Minn.Stat. §§ 513.47, 513.48(b). Bankruptcy trustees (and debtors-in-possession) are the exception.”

Joseph P. McGraw v. Comm'r of Internal Revenue, 384 F.3d 965 (8th Cir. 2004). “Unlike the UFTA, which establishes remedies for aggrieved creditors, Minn. Stat. § 513.47 , the MBCA sections provide that a shareholder may be liable to “the corporation, its receiver, or other person winding up its affairs, or a director [as provided in § 302A.”

Overocker v. Solie, 597 N.W.2d 579 (Minn. Ct. App. 1999). · cites it 4× “48 (1998), in relevant part, reads: (b) Except as otherwise provided in this section, to the extent a transfer is voidable in an action by a creditor under section 513.47(a)(1), the creditor may recover judgment for the value of the asset transferred, as adjusted under…”

Hedback v. Am. Fam. Mut. Ins. (In Re Mathews), 207 B.R. 631 (Bankr. D. Minn. 1997). · cites it 2× “§ 544 (b) and Minn.Stat. § 513.47(a). 5. Pursuant to 11 U.”

Girard v. Michener (In Re Michener), 217 B.R. 263 (Bankr. D. Minn. 1998). · cites it 2× “28 of the Fraudulent Conveyance Act, is found in Minn.Stat. § 513.47, which reads: 513.47.”

Buckrey v. Comm'r, 2017 T.C. Memo. 138 (Tax Ct. 2017). “A creditor can recover judgment for the value of the property transferred or the amount of the creditor's claim, whichever is less.”

Elliot & Callan, Inc. v. Crofton, 615 F. Supp. 2d 963 (D. Minnesota 2009). · cites it 2× “Minn.Stat. §§ 513.47(a)(1), 513.48(b). 18.”

Show all 24 citing cases →

— Minn. Stat. § 513.47(a) — 1 case

Hedback v. Am. Fam. Mut. Ins. (In Re Mathews), 207 B.R. 631 (Bankr. D. Minn. 1997). “§ 544 (b) and Minn.Stat. § 513.47(a). 5. Pursuant to 11 U.”

— Minn. Stat. § 513.47(a)(1) — 5 cases

Stoebner v. Opportunity Fin., LLC (In re Polaroid Corp.), 543 B.R. 888 (Bankr. D. Minn. 2016). “47(b) (allowing creditor that “has obtained a judgment on a claim against the debtor,” to “levy execution on the asset transferred or its proceeds”) (both 2014).”

Georgen-Running v. Grimlie (In Re Grimlie), 439 B.R. 710 (8th Cir. BAP 2010). “Minn.Stat. § 513.47(a)(1). 27 . Minnesota is neither a community property nor a tenancy by entireties state.”

Elliot & Callan, Inc. v. Crofton, 615 F. Supp. 2d 963 (D. Minnesota 2009). “Minn.Stat. §§ 513.47(a)(1), 513.48(b). 18.”

Overocker v. Solie, 597 N.W.2d 579 (Minn. Ct. App. 1999). “48 (1998), in relevant part, reads: (b) Except as otherwise provided in this section, to the extent a transfer is voidable in an action by a creditor under section 513.47(a)(1), the creditor may recover judgment for the value of the asset transferred, as adjusted under…”

State v. Schleicher, 646 N.W.2d 520 (Minn. 2002).

— Minn. Stat. § 513.47(a)(2) — 1 case

Morrison v. Doyle, 570 N.W.2d 692 (Minn. Ct. App. 1998).

— Minn. Stat. § 513.47(a)(3) — 1 case

Morrison v. Doyle, 570 N.W.2d 692 (Minn. Ct. App. 1998).

— Minn. Stat. § 513.47(a)(l)(2012) — 1 case

Citizens State Bank Norwood Young Am. v. Brown, 829 N.W.2d 634 (Minn. Ct. App. 2013).

— Minn. Stat. § 513.47(b) — 1 case

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