ÿWPC5 …# VUNa %¯ 0(µbÝw.å4 ' 6 0J> 0Tˆ 0^Ü 0h: 0r¢ 0| 0† 0 1u¦ 0d U> B)½ DCæ AM)U*v v~¯ B-vÓJ D3 0@P AOÆß 0D¥ D/é B˜HP LaserJet 4Si/4SiMX PS 600dpiPSCRIPTÀÌÀääÀÀÌ0 (ÖÃ9 Z ‹6Times New Roman RegularX($¡¡- ù- EEÓ€DÒ x93|x2 ÿÿ0Indent1Ô2ÔÔ3  Ô2" ÿÿ0Indent2à0 àÔ2ÔÔ3  Ô2, ÿÿ0Indent3à0 àà0 àÔ2ÔÔ3  Ô26 ÿÿ0Indent4à0 àà0 àà0 àÔ2ÔÔ3  Ô2@ ÿÿ0Indent5à0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2J ÿÿ0Indent6à0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2T ÿÿ0Indent7à0 àà0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô2^ ÿÿ0Indent8à0 àà0 àà0 àà0 àà0 àà0 àà0 àÔ2ÔÔ3  Ô ÿÿ?AGMSYaioIndent0I.A.1.a.(1)(a)i)a)P ÿÿ8Mac DefaultMac DefaultÓ ` °šXÓ< Œ 9p`(&Times New Roman% Line 7 d7Border 1dd€- Cþÿ << Gÿÿ< Œ 9p`(Arial Ý ƒ!ÝÑ  ÑÑ#€d#ÑÔ€ÔÝ  ÝÔ€"ÔÔ€"ÔÓ  Óò òÔ YYY ÔFILEDÔ€"XÔÌÌOctober€4,€1996ÌÌCecil€W.€CrowsonÌAppellate€Court€ClerkÔ  Ôó óPtPtHHÚ(ÿáÿâùFG(üHHÚ(d'@ dStyl{WP}01•ÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃÃà Ãà Ãà Ãà Ãà ÃÃÃÃÃÃÃÃÃÃÃÐ ÐÐHHÐÐ  ÐÐ2ÐÐÿÿ¸æ$ÿÐÐHHÐÐÐÐÐÐÐÐ  ÐÐ ÐÐ ÐÑÑÑGenevaÑÑ ÑÑ € ÑÑ<Px–ÈÑÒÒÒ443!#4ÒÒ$ *$ÒÒ$*$ÒÒ ÿKK ÒÒ  Geneva ÒÒ  Geneva ÒÓ.,ÓÓÓÓ6ÓÓ ÓßßßßßßßßßßßßßßßßßßÑGenevaÑÑ ÑÒ  BA Op Geneva ÒÒ  BA Op Geneva Ò%%%%'ÿÿdxd("ÿÿ$££Ò  ÒÒ  Ò€-‚ƒCþÿ<< CÿÿƒLevel 1Level 2Level 3Level 4Level 5($$””ò òÚ  Ú1Ú  Úó ó„„'÷ÿ dxdüÿP PdÝ ƒ!ÝÔ . ÔÔ€ÔÝ  ÝÒ  ÒÒ „ ÒÑ  ÑÑ\R AØ'\ÑÑ€ÑÑ7€vXXdìdÈ7ÑÑ  ÑÑ  Ñò ò›UNITED€NATIONAL€REAL€ESTATE,€INC.,à à)Ìà àà àà àà àà àà àà à)Ìà àPlaintiff/Appellee,à àà àà àà à)Ìà àà àà àà àà àà àà à)à àChancery€Court€MauryÌà àà àà àà àà àà àà à)à àNo.€94„531ÌVS.à àà àà àà àà àà àà à)Ìà àà àà àà àà àà àà à)à àAppeal€No.Ìà àà àà àà àà àà àà à)à à01A01„9604„CH„00173ÌC.€F.€THOMPSON€AND€COLUMBIA€AUTOà à)ÌÙ€€ÙœßL€!# ;+'h|Lj` ç `€€Lß›PARTS,€INC.,à àà àà àà àà à)Ìà àà àà àà àà àà àà à)Ìà àDefendants/Appellants.à àà àà à)Ìó óÌò òÌÌà@ àIN€THE€COURT€OF€APPEALS€OFÏTENNESSEEÌà@ àMIDDLE€SECTION€AT€NASHVILLEÌÌÌà@ àAPPEAL€FROM€THE€CHANCERY€COURT€ÌÓ  ÓOF€MAURY€COUNTY,€TENNESSEEÌÓ  ÓÌÌà@ àHONORABLE€JIM€T.€HAMILTON,€JUDGEÌó óÌÌÌRobert€L.€Holloway,€Jr.ÌFLEMING,€HOLLOWAY€&€FLYNN,€P.C.ÌB.P.R.€#6535ÌP.O.€Box€90Ì207€West€Eighth€StreetÌColumbia,€Tennessee€38402„0090ÌATTORNEY€FOR€PLAINTIFFS/APPELLANTSÌÌWilliam€Landis€Turner€ÌKEATON,€TURNER€&€SPITZERÌ102€North€Court€StreetÌColumbia,€Tennessee€38402„0090ÌATTORNEY€FOR€DEFENDANT/APPELLEEÌÌÌÓ  Óò òREVERSED€AND€REMANDED.ó óÌÓ  ÓÌÌà àà àà àà àà àHENRY€F.€TODDÌà àà àà àà àà àPRESIDING€JUDGE,€MIDDLE€SECTIONÌÌÌÌCONCUR:ÌSAMUEL€L.€LEWIS,€JUDGEÌBEN€H.€CANTRELL,€JUDGEÌÌÌÌÌÌÌò òUNITED€NATIONAL€REAL€ESTATE,€INC.,à à)Ìà àà àà àà àà àà àà à)Ìà àPlaintiff/Appellee,à àà àà àà à)Ìà àà àà àà àà àà àà à)à àChancery€Court€MauryÌà àà àà àà àà àà àà à)à àNo.€94„531ÌVS.à àà àà àà àà àà àà à)Ìà àà àà àà àà àà àà à)à àAppeal€No.Ìà àà àà àà àà àà àà à)à à01A01„9604„CH„00173ÌC.€F.€THOMPSON€AND€COLUMBIA€AUTOà à)ÌPARTS,€INC.,à àà àà àà àà à)Ìà àà àà àà àà àà àà à)Ìà àDefendants/Appellants.à àà àà à)Ìó óÌÌÌÔ€„Ôà@ àòòò òO€P€I€N€I€O€Nóóó óÔ€XÔÌÌÌÓ  ÓÓÓà àThis€is€a€suit€by€a€judgment€creditor€to€set€aside€a€fraudulent€transfer€of€assets€and€toÏsubject€said€assets€to€the€satisfaction€of€the€judgment.ÌÌà àIn€September,€1985,€Columbia€Auto€Parts,€Inc.,€executed€with€œUnited€National›€RealÏEstate,€Inc.,€an€ð ðExclusive€Listing€Agreementðð€for€the€sale€of€the€assets€of€Columbia€AutoÏParts,€Inc.€€In€October,€1985,€Columbia€Auto€Parts,€Inc.€contracted€to€sell€said€assets€to€AlÏCarroll.€€In€March,€1986,€the€sale€was€concluded,€and€the€proceeds€were€deposited€in€theÏcorporate€bank€account.€€After€payment€of€outstanding€debts€(except€United€œNational€Real›ÏEstate,€Inc.),€the€remainder€of€the€proceeds€were€distributed€to€the€shareholders,€of€whom€C.ÏF.€Thompson€was€one.ÌÌà àOn€September€25,€1986,€United€œNational€Real›€Estate,€Inc.€sued€C.€F.€Thompson€andÏColumbia€Auto€Parts,€Inc.€for€its€commission€on€the€sale.€€On€July€21,€1993,€œthe€Trial€CourtÏgranted€United€National€a›€judgment€against€C.€F.€Thompson€and€Columbia€Auto€Parts,€Inc.Ïœfor›€$83,993.00.€€On€November€16,€1993,€post„judgment€motions€were€overruled.ÌÌà àOn€May€28,€1994,€plaintiff€filed€the€present€suit€against€C.€F.€Thompson€and€ColumbiaÏAuto€Parts,€Inc.,€alleging€that€C.€F.€Thompson€had€fraudulently€transferred€to€his€wifeÏapproximately€$100,000€of€the€distribution€received€by€him€from€the€liquidation€of€ColumbiaÏAuto€Parts,€Inc.,€which€amount€was€on€deposit€with€Hilliard€Lyons,€Inc.,€an€investmentÏbroker.€€Ìà àThe€petition€(complaint)€states:ÌÓÓà àà à€€€€In€this€proceeding€plaintiff€seeks€to€make€AngelaÌà àà àThompson€€and€€the€broker€parties€to€this€action,€to€Ìà àà àdetermine€€what€€portion€of€€the€account€belongs€toÌà àà àC.€F.€Thompson€€by€reason€€of€a€fraudulent€transferÌà àà àto€€his€€wife,€disregarding€€the€€rights€of€plaintiff,€asÌà àà àjudgment€€creditor,€€and€€to€€obtain€such€orders€and€Ìà àà àother€€relief€€as€€will€€enable€€plaintiff€to€reach€those€Ìà àà àfunds€in€œsatisfaction›€of€its€judgment.ÌÓÓ€Ìà àThe€prayers€of€the€petition€include:ÌÓÓà àà à€€€€That€Angela€Thompson€and€€J.€J.€B.€Hilliard,€W.Ìà àà àL.€Lyons,€€Inc.€€be€€made€€parties€€defendant€to€this€Ìà àà àaction€€and€€served€€with€process€and€a€copy€of€this€Ìà àà àpetition.ÌÓÓÌà àOn€September€21,€1994,€ð ðthe€defendantsðð€(not€otherwise€identified)€filed€a€ð ðresponse€toÏpetitionðð€denying€a€fraudulent€transfer€and€pleading€laches€and€statute€of€limitations.ÌÌà àOn€March€13,€1995,€the€Trial€Court€entered€the€following€order:ÌÓ  Óòòò òà àà àà àà àà àORDERó óóóÌÓ  ÓÓÓà àà à€€€€This€€Petition€€for€€Relief€€Required€to€Aid€in€€the€Ìà àà àCollection€€of€€Judgment€€and€€the€€Response€to€said€Ìà àà àPetition€€were€€heard€€on€€the€14th€day€of€December€Ìà àà à1994.€ÌÌà àà àThis€Court€awarded€judgment€to€the€Plaintiff€€in€the€Ìà àà àamount€€of€€Eighty„three€€Thousand€€Nine€€Hundred€Ìà àà àNinety„three€€Dollars€€($83,993)€on€€€July€21,€1993,€Ìà àà àafter€€the€€Court€of€Appeals€€reversed€and€remanded€Ìà àà àthe€case€on€April€8,€1992.€€On€November€16,€1993,€Ìà àà àthis€€Court€€overruled€€the€€Motion€for€Alteration€of€Ìà àà àJudgment.€€At€€this€€point€the€Plaintiff€had€a€right€of€Ìà àà àaction€€to€attack€the€validity€of€a€certain€conveyance€Ìà àà àbetween€€Defendant€€C.€F.€€Thompson€€and€his€wife,€Ìà àà àwhich€€occurred€€in€1987.€€The€statute€of€limitations€Ìà àà àto€€€set€€€aside€€€a€€€fraudulent€€transfer€€is€€six€€years.Ìà àà àHowever,€a€€reading€€of€T.C.A.€ðð€29„12„106€clearly€Ìà àà àindicates€the€statute€does€€not€€begin€€to€run€until€the€Ìà àà àcreditor€€affected€€(here€€the€€Plaintiff)€€has€a€right€of€Ìà àà àaction€to€test€€the€€validity€of€€the€€conveyance.€€This€Ìà àà àCourt€€finds€€€that€€€right€€of€€€action€€€to€€have€€€been€€Ìà àà àDecember€16,€1993.€€The€Petition€was€filed€€by€€the€Ìà àà àPlaintiff€on€August€29,€1994,€well€within€the€six„year€Ìà àà àstatute€of€limitation.€€ÌÌà àà à€€€€IT€€€IS,€€€THEREFORE,€€€ORDERED€€€€that€€€the€Ìà àà àDefendantððs€€Response€€seeking€€a€€dismissal€€of€€€the€Ìà àà àPlaintiffððs€Petition€be€overruled.ÌÌà àà à€€€€This€12th€day€of€March,€1995ÌÌà àà àà àà àà àòò€€€€€€€€€€€€(Signed)€€€€€€€€€€€€€€€€€€€€€€óóÌÓÓà àà àà àà àà àJim€T.€Hamilton,€Circuit€JudgeÌÌÓÓà àOn€April€11,€1996,€the€defendant,€C.€F.€Thompson,€alone,€filed€a€motion€to€alter€orÏamend€stating:ÌÌà àà à€€€€1.€€€€A€judgment€was€entered€on€March€13,€1995.Ìà àà àThis€€€judgment€€€ordered€€€ð ðthat€€€the€€€Defendantððs€Ìà àà àresponse€€€seeking€€€a€€€dismissal€€of€€€the€Plaintiffððs€Ìà àà àpetition€€€be€€€overruled.ðð€€€It€€€is€€€unclear€€€to€€€the€Ìà àà àDefendants€€whether€€€this€€€judgment€€€is€€€€a€€€final€€Ìà àà àjudgment€on€the€merits€or€if€this€Order€is€a€decision€Ìà àà àon€the€statute€of€limitations€€issue.€The€Defendants€€€Ìà àà àrespectfully€requestòòsóó€the€Court€to€clarify€this€Order€Ìà àà àso€€that€€if€€a€€final€judgment€has€been€rendered,€the€Ìà àà àDefendants€may€€properly€€appeal.€€If€the€€Order€€is€Ìà àà ànot€€a€€final€€judgment,€€the€€Defendants€€would€ask€Ìà àà àleave€€€to€continue€to€defend€this€creditorððs€bill€suit.ÌÌà àà à€€€€2.€€€If€this€Order€is€a€final€judgment€on€the€merits,Ìà àà àthe€Defendants€would€respectfully€request€the€CourtÌà àà àvacate€its€judgment€on€the€grounds€that€the€PlaintiffÌà àà àin€€this€€suit€€has€€produced€any€€(sic)€€proof€€of€€any€Ìà àà àkind€€€to€€€warrant€€€the€€€finding€€€of€€€€a€€€fraudulent€Ìà àà àtransfer€€or€€the€€rendering€€of€€€a€€judgment.€€In€€the€€Ìà àà àalternative€€if€€the€Court€€finds€€that€proof€€has€€been€€Ìà àà àsubmitted€€by€€the€Plaintiff,€the€Defendant€€avòòeróó€that€Ìà àà àPlaintiff€has€fallen€far€short€of€meeting€its€burden€of€Ìà àà àproof.ÌÓÓà àà àÌÓÓà àOn€November€20,€1995,€the€Trial€Court€entered€judgment€stating:ÌÓ  Óòòò òÌà àà àà àà àà àJUDGMENTó óóóÌÓ  ÓÌà àà à€€€€This€civil€action€is€before€the€court€on€the€motionÌà àà àof€Defendant,€C.F.€Thompson,€to€amend,€€vacate€orÌà àà àclarify€€€the€€€order€€filed€€on€€March€€13,€€1995.€€€InÌà àà àaddition,€Defendants€have€moved€for€€permission€toÌà àà àappeal€under€Rule€9(a),€T.R.A.P.,€in€€the€€event€thatÌà àà àthe€order€last€entered€by€the€court€is€determined€notÌà àà àto€have€been€a€final€order.€ÌÌà àà à€€€€Upon€reviewing€the€entire€record€the€court€is€ofÌà àà àthe€€opinion€€that€€a€€final€judgment€disposing€of€all€Ìà àà àissues€€may€€and€€should€€be€€entered€€at€€this€€time,Ìà àà àwithout€€any€necessity€for€further€proceedings.€€ToÌà àà àthe€€extent€€stated€€herein,€€Defendantsðð€motion€forÌà àà àclarification€€€is€€€granted€€and,€€this€€being€€a€€€final€Ìà àà àjudgment,€Defendantsðð€motion€for€an€interlocutoryÌà àà àappeal€becomes€moot€and€is€denied.€Ìà àà àÌà àà à€€€€In€€civil€€action€€No.€€2633€the€Circuit€Court€for€Ìà àà àMaury€County,€Tennessee,€€awarded€€judgment€toÌà àà àPlaintiff€in€the€amount€of€$83,993.00€€on€€July€21,€Ìà àà à1993,€€after€€the€€Court€€of€€Appeals€€reversed€and€Ìà àà àremanded€€€€the€€€case€€€on€€€April€€8,€€1992.€€€€On€Ìà àà àNovember€€16,€€1993,€€the€Circuit€Court€overruled€Ìà àà àthe€€motion€€€for€€new€€trial€€and€€on€December€16,€Ìà àà à1993,€€the€€Circuit€€Court€overruled€the€motion€for€Ìà àà àalteration€€of€€judgment.€€At€this€point€Plaintiff€had€Ìà àà àa€€right€€of€action€to€attack€the€validity€of€a€certain€Ìà àà àconveyance€€between€€Defendant,€C.€F.€Thompson€Ìà àà àand€€his€wife,€which€occurred€in€1987.€€The€statute€Ìà àà àof€€limitations€€to€€set€€aside€a€fraudulent€transfer€is€Ìà àà àsix€years.€€However,€as€reading€of€T.C.A.€ðð€29„12„Ìà àà à106€clearly€indicates,€the€€statute€does€not€begin€toÌà àà àrun€€until€€the€€creditor€€affected€(here€the€Plaintiff)Ìà àà àhas€€a€€right€€of€€action€€to€€test€€the€€validity€of€€the€Ìà àà àconveyance.Ìà àà àÌà àà à€€€€In€May,€1994,€Plaintiff€filed€its€petition€for€reliefÌà àà àrequired€to€€aid€€in€€the€€collection€€of€€judgment€€inÌà àà àCircuit€€€Court.€€€€On€€motion€€of€€€Defendants€€€theÌà àà àpetition€€was€transferred€to€this€court€by€order€filedÌà àà àin€€this€€court€August€26,€1994.€€Plaintiffððs€€petitionÌà àà àwas€filed€in€this€court€August€29,€1995,€well€withinÌà àà àthe€six€year€statute€of€€limitations.€€This€court€findsÌà àà àthat€€Plaintiffððs€€right€€of€€action€€to€seek€€the€€relief€Ìà àà àrequested€€in€€the€petition€began€€on€€December€16,€Ìà àà à1993.ÌÌà àà à€€€€After€considering€the€entire€record€and€evidenceÌà àà àoffered€€€at€€€the€€€hearing€€€before€€€this€€€court€€€on€Ìà àà àDecember€14,€1994,€especially€the€deposition€givenÌà àà àby€€C.€F.€Thompson€€on€€March€€4,€€1994,€the€court€Ìà àà àfinds€as€follows:Ìà àà àÌà àà àà à1.€€€Angela€€Thompson€€and€J.€J.€B.€HilliardÌà àà àW.€L.€Lyons,€Inc.€are€€properly€before€€the€court€as€Ì€à àà àparties€defendant€and€subject€to€this€judgment.ÌÌà àà àà à2.€€€The€account€now€in€the€name€of€AngelaÌà àà àThompson€€in€€€the€€original€€€principal€€€amount€€of€Ìà àà à$100,000.00€is€the€result€of€fraudulent€transfers€forÌà àà àthe€€€purpose€€€of€€€defeating€€€Plaintiffððs€€rights€and€Ìà àà àremedies€as€a€judgment€creditor.ÌÌà àà àà à3.€€€The€result€of€the€findings€above€are€thatÌà àà àthe€account€must€be€viewed€as€the€property€€of€€theÌà àà àjudgment€debtor,€C.€F.€Thompson.ÌÌà àà àà à4.€€€As€€€such€€€Plaintiff€€is€€entitled€€to€€takeÌà àà àpossession€of€the€account€and€subject€it€to€paymentÌà àà àof€Plaintiffððs€judgment.ÌÌÌà àOn€December€10,€1995,€a€notice€of€appeal€was€filed,€reading€as€follows:ÌÓ  Óòòò òÌà àà àà àà àNOTICE€OF€APPEALó óóóÌÓ  ÓÌà àà à€€€€€NOTICE€€€IS€€€HEREBY€€€GIVEN€€that€€C.€F.€Ìà àà àThompson€€€€and€€€Columbia€€€Auto€€€Parts,€€€Inc.,€Ìà àà àDefendants€above€named,€and€Angela€Thompson,€Ìà àà àan€€unnamed€€Defendant€€who€€was€€served€€€with€Ìà àà àprocess,€€hereby€€appeal€€to€€the€Court€of€Appeals€Ìà àà àfrom€€the€Final€Judgment€entered€in€this€action€on€Ìà àà àthe€20th€day€of€November,€1995.ÌÓÓà àà àà àà àà àà àÌÓÓà àOn€appeal,€the€appellants€present€the€following€issues:Ìà àÌà àà àI.à àWhether€€or€€not€the€chancery€court€erredÌà àà àin€€finding€€the€petition€for€relief€required€to€aid€in€Ìà àà àthe€€collection€€of€€judgment€€to€€have€€been€€€filed€Ìà àà àwithin€the€statute€of€limitations€set€forth€in€T.C.A.€Ìà àà àðð€16„11„104.ÌÌà àà àII.à àWhether€€or€€not€€the€chancery€court€erredÌà àà àin€€entering€€a€€final€€judgment€without€a€trial€as€to€Ìà àà àthe€issues€related€to€a€fraudulent€transfer.ÌÌà àà àIII.à àWhether€the€Trial€Court€erred€by€enteringÌà àà àa€€judgment€€against€€Angela€Thompson€when€sheÌà àà àwas€not€properly€before€the€court.Ìà àà àÌÌÓ  Óò òòòTHE€STATUTE€OF€LIMITATIONSó óóóÌÓ  ÓÌÌÓÓà àT.C.A.€ðð€16„11„104€provides€for€chancery€jurisdiction€of€suits€to€subject€property€toÏexecution,€but€contains€no€statute€of€limitation€for€same.ÌÌà àThe€complaint€does€not€specify€the€date€of€the€alleged€fraudulent€transfer€but€it€doesÏspecifically€state€that€the€transfer€was€from€C.€F.€Thompson€to€his€wife,€Angela€Thompson.€ÏThe€uncontradicted€evidence€is€that€a€joint€survivorship€bank€account€was€created€in€1966€inÏthe€names€of€Mr.€and€Mrs.€C.€F.€Thompson;€that€the€distributions€from€Columbia€Auto€Parts,ÏInc.,€were€deposited€in€said€joint€account€in€1986;€that,€as€of€January€27,€1989,€Charles€F.€andÍAngela€C.€Thompson€had€a€joint€survivorship€account€with€Hilliard€Lyons€Investments€in€theÏamount€of€$5,000;€that,€by€various€transfers€from€the€joint€bank€account€to€the€Hilliard€LyonsÏjoint€account€during€1989,€the€latter€account€was€increased€to€$105,853.96;€and€that€inÏDecember,€1993,€the€Hilliard€Lyons€account€was€changed€to€the€sole€name€of€Angela€C.ÏThompson.ÌÌà àIn€respect€to€the€last€mentioned€transfer€to€Angela€C.€Thompson,€counsel€for€appellantsÏmade€the€following€statement€to€the€Trial€Court:ÌÓÓà àà à€€€€So€€if€€Mr.€Turner€€is€€seeking€€to€set€aside€the€Ìà àà àtransfer€€to€€Ms.€Thompson,€Iððll€agree€to€set€that€Ìà àà àtransfer€€€aside,€€put€€the€€account€€back€€as€€joint€Ìà àà àtenants€€with€€right€of€€survivorship.€€I€€think€€€heÌà àà àwould€be€successful€€if€€I€put€€on€€my€€proof€€andÌà àà àYour€Honor€read€the€cases€€that€I€€have.€€I€€thinkÌà àà àthat€would€happen.ÌÌà àà à€€€€And€€we€€will€€agree€€part€€of€€the€order€of€this€Ìà àà àCourt€to€direct€Hilliard€Lyons€to€€reestablish€thatÌà àà àaccount€as€joint€tenants€with€right€of€survivorship.€€Ìà àà àMr.€€Turner€€€then€€€has€€€a€€€claim€€€€against€€€€the€Ìà àà àsurvivorship€interest€of€Mr.€Thompson€and,€if€Ms.€Ìà àà àThompson€predeceases€Mr.€Thompson,€he€€has€€a€Ìà àà àright€to€all€that€money.ÌÓÓÌà àFrom€the€foregoing€it€appears€that€Angela€C.€Thompson€concedes€that€she€should€beÏdivested€of€her€sole€ownership€of€the€subject€fund,€but€insists€that€she€is€entitled€to€retain€herÏinterest€in€the€joint€survivorship€account€because€it€was€acquired€at€a€time€when€the€statute€ofÏlimitations€bars€its€recovery.ÌÌà àPlaintiff€insists€that€the€statute€of€limitations€did€not€begin€to€run€upon€its€rights€assertedÏin€this€suit€until€December€16,€1993,€when€the€judgment€in€plaintiffððs€favor€and€against€C.€F.ÏThompson€and€Columbia€Auto€Parts,€œInc.,€became€final.›ÌœÌ›à àT.C.A.€ðð€29„12„101€provides:ÌÓÓà àà à€€€€Fraudulent€€conveyances€€and€other€devices.€„€AnyÌà àà àcreditor,€without€first€having€obtained€a€€judgment€€atÌà àà àlaw,€€may€€file€€his€€bill€€in€chancery€for€himself,€or€forÌà àà àhimself€€and€€other€€creditors,€to€€set€€aside€fraudulent€Ìà àà àconveyances€€of€€property,€or€other€€devices€€resorted€Ìà àà àto€for€the€purpose€of€hindering€and€delaying€creditors,€Ìà àà àand€subject€the€€property,€by€sale€of€otherwise,€to€the€Ìà àà àsatisfaction€of€€the€debt.€[Code€€1858,€€ðð€4288€€(deriv.Ìà àà àActs€1851„1852,€ch.€365,€ðð€10);€Shan.,€ðð€6097;€CodeÌà àà à1932,€ðð€10358;€T.C.A.€(Orig.€Ed.),€ðð€23„1001.]ÌÓÓà àà àÌà àA€bill€may€be€filed€before€judgment,€execution,€and€œreturned›€nulla€bona€for€the€purposeÏof€setting€aside€fraudulent€conveyances€or€other€devices€to€hinder€and€delay€creditors.€òòShepardÏv.€Lanieróó,€192€Tenn.€608,€241€S.W.2d€œ587,€594›€(1951);€òòCitizens€National€Bank€v.€Watkinsóó,Ï126€Tenn.€453,€150€œS.W.96,€97›€(1912).ÌÌà àA€creditor€may€file€a€bill€in€chancery€œto›€set€aside€a€fraudulent€conveyance€without€firstÏobtaining€judgment.€€òòDelrose€v.€Mansfieldóó,€4€Tenn.€App.€488€(1927).ÌÌà àThe€judgment€ultimately€rendered€in€favor€of€plaintiff€and€against€C.€F.€Thompson€isÏconclusive€evidence€that€plaintiff€was€a€creditor€of€C.€F.€Thompson€at€the€time€that€suit€wasÏfiled€on€September€25,€1986.ÌÌà àOn€and€after€that€date,€September€25,€1986,€plaintiff€had€œunquestionable€standing›€as€aÏcreditor€to€sue€to€set€aside€transfer€of€property€by€C.€F.€Thompson€as€fraudulent.€€ÌÌà àC.€F.€Thompson€received€the€checks€from€Columbia€Auto€Parts,€Inc.,€and€depositedÏthem€in€the€joint€bank€account€during€1986.€€Therefore,€not€later€than€December€31,€1986,Ïplaintiff€had€standing€to€sue€for€the€allegedly€fraudulent€transfer€of€funds€from€Columbia€AutoÏParts,€Inc.€œto›€C.€F.€Thompson€and/or€from€C.€F.€Thompson€to€C.€F.€Thompson€and€wifeÏAngela.ÌÌà àSuits€to€set€aside€fraudulent€conveyance€of€intangible€œpersonalty›€are€subject€to€theÏstatute€of€limitations€of€actions€for€conversion€of€personal€property.€€òòHowell€v.€Thompsonóó,€95ÏTenn.€(11€Pickel)€396,€32€S.W.€309€(1895).ÌÌà àThe€statute€of€limitations€for€conversion€of€personal€property€is€three€years€from€theÏaccruing€of€the€cause€of€action.€€T.C.A.€ðð€28„3„105.ÌÌà àOn€May€23,€1994,€when€the€present€suit€was€filed,€plaintiffððs€right€of€action,€whichÏaccrued€prior€to€January€1,€1987,€was€seven€years€old€and€barred€by€the€statute€of€limitations.ÌÌà àAs€a€result€of€the€foregoing,€the€plaintiff€has€lost€the€right€to€recover€that€part€of€orÏinterest€in€the€œjoint€survivorship€interest€in€the€fund›€which€was€transferred€to€Mrs.€œThompson.›ÌÌà àHowever,€the€joint€survivorship€interest€which€Mr.€Thompson€retained€in€the€jointÏsurvivorship€fund€was€conveyed€to€Mrs.€Carpenter€in€December,€1993,€within€the€statutoryÏlimitations,€and€is€therefore€subject€to€attack€as€fraudulent.ÌÌà àThe€appellants€assert€that€there€is€no€evidence€that€the€last€transfer€to€Mrs.€œThompson›Ïwas€fraudulent.ÌÌà àT.C.A.€ðð€œ66„3„101›€reads€as€follows:ÌÓÓà àà à€€€€ò òConveyances€€in€€fraud€€of€€creditors€or€purchasers€Ìà àà àvoid.ó ó€€Every€gift,€grant,€conveyance€of€lands,€tenements,€Ìà àà àHereditaments,€€€goods,€€€or€€chattels,€€or€€of€€€any€€€rent,€Ìà àà àcommon€€or€€€profit€€out€€of€€€the€€same,€€by€€€writing€€€or€Ìà àà àotherwise;€€€€and€€€€every€€€€bond,€€€€suit,€€€€judgment,€€€or€Ìà àà àexecution,€€had€€or€made€and€contrived,€of€malice,€fraud,€Ìà àà àcovin,€€collusion,€€or€€guile,€€to€€the€€intent€€or€purpose€to€Ìà àà àdelay,€€hinder,€€or€€defraud€€creditors€€of€€€their€€€just€€€and€Ìà àà àlawful€actions,€suits,€debts,€accounts,€damages,€penalties,Ìà àà àforfeitures;€€or€€to€€defraud€or€to€deceive€those€who€shall€Ìà àà àwho€€shall€€€purchase€€€the€€€same€€lands,€€€tenements,€€€or€Ìà àà àhereditaments,€€or€any€€rent,€profit,€or€commodity€out€of€Ìà àà àthem,€€€shall€€be€deemed€€and€€taken,€€only€€as€against€the€Ìà àà àperson,€€€such€€€personððs€€€heirs,€€€successors,€€€executors,€Ìà àà àadministrators,€and€assigns,€whose€debts,€suits,€demands,€Ìà àà àestates,€€or€€interest,€€by€€€such€€€guileful€€€and€€€covinous€Ìà àà àpractices€as€aforementioned,€shall€or€might€be€in€any€wise€Ìà àà àdisturbed,€hindered,€delayed,€€or€€defrauded,€to€be€clearly€Ìà àà àand€€€€utterly€€€€void;€€€€any€€€€pretense,€€€€color,€€€€feigned€Ìà àà àconsideration,€expressing€of€use,€of€any€other€€matter€€or€Ìà àà àthing,€to€the€contrary€not€withstanding.ÌÓÓÌà àThe€general€rule€is€that€the€burden€of€proof€is€on€the€party€attacking€a€conveyance€forÏfraud€to€establish€his€case.òò€€Citizens€Bank€&€Trust€v.€Whiteóó,€12€Tenn.€App.€508€(1930).ÌÌà àNo€evidence€is€cited€or€found€which€would€support€a€conclusion€that€œMr.€Thompsonððs›Ïtransfer€of€his€interest€in€the€Hilliard€Lyons€account€to€his€wife€rendered€him€insolvent€orÏotherwise€served€to€delay,€hinder€or€defraud€plaintiff€of€the€collectibility€of€its€œjudgment.€ÏT.C.A.€ðððð€66„3„101,€66„3„305;€See€òòHicks€v.€Whitingóó,€149€Tenn.€411,€258€S.W.€784€(1924);òòÏMacon€Bank€&€Trust€Co.€v.€Holland,óó€Tenn.€App.€1986,€715€S.W.2d€347,€349€(1986).€›ÌÌà àThere€is€therefore€no€basis€for€granting€to€plaintiff€any€access€to€Mr.€Thompsonððs€jointÏsurvivorship€interest€in€the€Hilliard€Lyons€fund.ÌÌà àThe€foregoing€renders€unnecessary€any€consideration€of€the€œremaining€issue›€relating€toÏservice€of€process€upon€Mrs.€Thompson.Ìà àà àÌà àThe€judgment€of€the€Trial€Court€is€reversed€and€vacated.€€Plaintiffððs€suit€is€dismissed.€ÏAll€costs,€including€costs€of€this€appeal€are€assessed€to€the€plaintiff.€€The€cause€is€remanded€toÏthe€Trial€Court€for€entry€and€enforcement€of€judgment€in€conformity€with€this€opinion.Ìà àÓ  Óò òÔ€¼ÔREVERSED€AND€REMANDED.Ô€XÔó óÌÓ  ÓÓÓÌÌà àà àà àà àà àà à___________________________________Ìà àà àà àà àà àà àHENRY€F.€TODDÌà àà àà àà àà àà àPRESIDING€JUDGE,€MIDDLE€SECTIONÌÌÌÌCONCUR:ÌÌÌ___________________________ÌSAMUEL€L.€LEWIS,€JUDGEÌÌÌ___________________________ÌBEN€H.€CANTRELL,€JUDGEÌÌÌÌ