creditor's bill
- A legal document spearheaded by a creditor, who has secured a court decision against a debtor, in order to enforce payment. This is typically used when the debtor's assets, necessary for settling the debt, are not readily accessible through standard legal methods
- To recover money owed by the debtor, the creditor proceeded to file a creditor's bill targeting properties not usually subject to legal process.
- The creditor's bill was the last resort after conventional strategies to solicit payment from the debtor were futile.
- In an attempt to recoup the money owed, the creditor resorted to initiating a creditor's bill to take hold of the debtor's inaccessible assets.
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