Your statute of limitations has expired. OCGA 18-2-79.
A cause of action with respect to a fraudulent transfer or obligation under this article is extinguished unless action is brought:
(1) Under paragraph (1) of subsection (a) of Code Section 18-2-74, within four years after the transfer was made or the obligation was incurred or, if later, within one year after the transfer or obligation was or could reasonably have been discovered by the claimant;
(2) Under paragraph (2) of subsection (a) of Code Section 18-2-74 or subsection (a) of Code Section 18-2-75, within four years after the transfer was made or the obligation was incurred; or
(3) Under subsection (b) of Code Section 18-2-75, within one year after the transfer was made or the obligation was incurred.
This answer does not create an attorney-client relationship with Eric Brent Coleman or Winter Capriola Zenner, LLC. In order to create an attorney-client relationship with Eric Brent Coleman or Winter Capriola Zenner, LLC, you must enter into a written agreement that we both sign, and in the absence of such an agreement, you are not my client or a client of my firm. The foregoing is not intended to be, and should not be construed as "legal advice," but rather is my analysis based on the limited information provided. It's purpose is not to guide you in your actions, but rather to contribute to the educational environment of AVVO. Should you wish to have representation in this matter, please contact me at email@example.com so that I may fully evaluate your situation before providing any "legal advice."
The cause of action would likely be for a "fraudulent conveyance" with an allegation that the transfer was intended to hinder your collection actions. I'm not sure of the statutue of limitations on such action, but if the transaction occured in 1997, I doubt the statute of limitations would be as long as 15 years. In addition to a statue of limitations defense (and in additon to any other defenses), the defendant would have the defense of "latches," which is basically saying that you waited too long to excercise your rights.
[This communication is intended as general information and not specific legal advice, and this communication does not create an attorney-client relationship.]