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A Kentucky couple transferred land assessed at $210,000 to their own company for just $1 after a debt dispute; an October 23 appeals court upheld an order allowing the property to be sold to satisfy a $177,668 judgmentPhoto: Times of India
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TOPTimes of India · 0 seconds agoLive

A Kentucky couple transferred land assessed at $210,000 to their own company for just $1 after a debt dispute; an October 23 appeals court upheld an order allowing the property to be sold to satisfy a $177,668 judgment

Reported by Times of India, not nibnow. We are not the publisher of this story, only the source is.

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WHAT HAPPENED

A property transfer for just $1 has failed to shield a Kentucky couple’s land from a creditor seeking to recover an unpaid debt. In an October 23, 2026, opinion, the Kentucky Court of Appeals upheld an order allowing property assessed at approximately $210,000 to be sold to satisfy a judgment of $177,667.88, plus applicable costs and attorney fees.

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Read full article at Times of India