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The Uniform Fraudulent Transfer Act (UFTA) aims to prevent debtors from transferring assets to avoid paying creditors. Its primary objectives include protecting creditors' rights, providing a legal framework for challenging fraudulent transfers, and ensuring equitable distribution of a debtor's assets. By establishing criteria for what constitutes a fraudulent transfer, UFTA seeks to uphold the integrity of financial transactions and promote fair dealings among parties.

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3w ago

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