Journal of the Missouri Bar
The Eighth Circuit has ruled that in certain situations noncollusive real estate foreclosures can be set aside as fraudulent conveyances. This theory has generated considerable debate, but even if it is reversed legislatively trustees may be able to obtain comparable results under a preference theory.
William H. Henning & Grant S. Nelson,
Avoidance of Completed Real Estate Foreclosures in Bankruptcy,
J. Mo. B.
Available at: https://scholarship.law.tamu.edu/facscholar/453