Kentucky Court Permits Sale of Land Transferred for $1 to Settle $177,668 Debt
A property transfer for just one dollar did not protect a Kentucky couple's land from a creditor pursuing an unpaid debt. In an October 23, 2026 opinion, the Kentucky Court of Appeals upheld a lower court order allowing the property to be sold. The land is assessed at roughly $210,000. The proceeds would cover a judgment of $177,667.88, along with applicable costs and attorney fees.
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