State Bank of Albany v. Martinez (In Re Martinez)

MEMORANDUM AND ORDER

CHARLES J. MARRO, Bankruptcy Judge.

In this adversary proceeding the State Bank of Albany filed a Complaint Objecting to the Discharge of the debtor. It alleges that under the Vermont Fraudulent Conveyance Act, 9 V.S.A. § 2281, et seq., fraudulent and deceitful conveyances of property to avoid a debt are null and void as to the creditor, and the trustee in bankruptcy, under § 544(b) of the Bankruptcy Code, may avoid any such conveyances; that since June 28, 1978 the debtor transferred income-producing assets to his wife and/or children, and that said transfers are…