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- Title 28. Judiciary and Judicial Procedure
- Part VI. Particular Proceedings
- Chapter 176. Federal Debt Collection Procedure
- Subchapter D. Fraudulent Transfers Involving Debts
28 U.S.C. § 3306 Remedies of the United States
Library | United States Statutes |
Edition | 2023 |
Currency | Current through P.L. 118-30 (published on www.congress.gov on 12/21/2023) |
Year | 2023 |
Citation | 28 U.S.C. § 3306 |
(a) IN GENERAL.-In an action or proceeding under this subchapter for relief against a transfer or obligation, the United States, subject to section 3307 and to applicable principles of equity and in accordance with the Federal Rules of Civil Procedure, may obtain-
(1) avoidance of the transfer or obligation to the extent necessary to satisfy the debt to the United States;
(2) a remedy under this chapter against the asset transferred or other property of the transferee; or
(3) any other relief the circumstances may require.
(b) LIMITATION.-A claim for relief with respect to a fraudulent transfer or obligation under this subchapter is extinguished unless action is brought-
(1) under section 3304(b)(1)(A) within 6 years after the transfer was made or the obligation was incurred or, if later, within 2 years after the transfer or obligation was or could reasonably have been discovered by the claimant;
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