Legal Definitions - in fraudem creditorum

Term: in fraudem creditorum
Definition: When someone does something to avoid paying their debts, it is called in fraudem creditorum. This means they are trying to cheat their creditors out of the money they owe them.
Example: If someone sells all their expensive things and gives the money to their friends or family instead of paying their debts, they are doing it in fraudem creditorum. This is because they are trying to keep their money away from their creditors so they don't have to pay them back. Another example is if someone transfers their property to someone else's name to avoid paying their debts. This is also in fraudem creditorum because they are trying to hide their assets from their creditors. These examples show how people can try to cheat their creditors out of the money they owe them.