Remedies of creditor

NMSA 1978, § 56-10-21 — under Article 10.

NMSA 1978, § 56-10-21

A. In an action for relief against a transfer or obligation under the Uniform Voidable Transactions Act, a creditor, subject to the limitations in Section 56-10-22 NMSA 1978, 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: (a) an injunction against further disposition by the debtor or a transferee, or both, of the asset transferred or of other property; (b) appointment of a receiver to take charge of the asset transferred or of other property of the transferee; or (c) 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. History: Laws 1989, ch. 382, § 8; 2015, ch. 54, § 16.