New York Consolidated Laws

N.Y. Debtor & Creditor Law § 276 (2026)

Remedies of creditor

✓ current as of May 2026
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§ 276. Remedies of creditor. (a) In an action for relief against a
transfer or obligation under this article, a creditor, subject to the
limitations in section two hundred seventy-seven of this article, 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 3 cases (1 in the last 5 years), 2011–2021 · leading case: Desiderio v. Parikh (In Re Parikh), 456 B.R. 4 (Bankr. E.D.N.Y. 2011).
Desiderio v. Parikh (In Re Parikh), 456 B.R. 4 (Bankr. E.D.N.Y. 2011). “On June 13, 2007, the state court determined the Meera Mortgage to be an intentional fraudulent conveyance under New York’s Debtor Creditor Law section 276 and found that the mortgage was void and part of a scheme to defraud the Plaintiff and/or hinder or delay his collection…”
Matter of Nash, 135 A.D.3d 159 (N.Y. App. Div. 2015). “By decision of December 28, 2007, the court granted Gihon summary judgment, finding that the transfer was a fraudulent conveyance in violation of Debtor Creditor Law § 276. The court’s findings underlying its decision granting Gihon summary judgment, which this Court affirmed on…”
Mazlin Trading Corp. v. WJ Holding LTD (S.D.N.Y. 2021). “Petitioners further seek temporary restraints and preliminary injunctive relief, asserting, in addition to a claim for confirmation of the Awards, state law claims for injunctive relief, turnover of monies, violation of the New York Uniform Fraudulent Conveyance Act, NY Debtor…”
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