Revocatory Action Law and Legal Definition
Revocatory action in Civil law refers to an action that is brought by a creditor to annul or set aside a contract which is already entered into by the debtor. A revocatory action will increase the insolvency of the debtor. The revocatory action only enables a creditor to annul an act of the debtor that arose after the rights of the creditor arose. Further, the revocatory action does not allow the annulment of transfers based upon intent to defraud or of any transfers made while the debtor was solvent or that did not cause the debtor’s insolvency.
