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Simple English definitions for legal terms

creditor's bill

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A quick definition of creditor's bill:

A creditor's bill is a legal action taken by a person who has won a court case (judgment creditor) to try and get access to property that they cannot get to through normal legal procedures. This is also called a creditor's suit.

A more thorough explanation:

Definition: A creditor's bill is a legal action taken by a creditor to reach property that cannot be reached through the normal process of enforcing a judgment. It is also known as a creditor's suit.

Example: Let's say that a person owes money to a creditor, but the creditor is unable to collect the debt through normal means, such as wage garnishment or bank account seizure. In this case, the creditor may file a creditor's bill to try to reach other assets that the debtor may have, such as real estate or personal property.

Another example: A business owner may file a creditor's bill against a customer who owes them money but has not paid. The business owner may seek to reach the customer's assets that are not protected by law, such as a second home or a valuable collection.

These examples illustrate how a creditor's bill can be used to reach assets that are not normally accessible through the enforcement of a judgment. It is a legal tool that creditors can use to try to collect debts that would otherwise go unpaid.

creditor dominii | creditors' committee

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texaslawhopefully
15:46
That's the best mentality
texaslawhopefully
15:46
If I get into UChicago it will be CYS
lilypadfrog
15:48
waspy I’m sure he meant to clarify that CYS is Cornell Yale Stanford
yeah just making sure
I look really good in blue tho
obviously cornell is t3
cumsock
15:49
someone from my undergrad is going to columbia for a masters in social work and the way they are talking to me im pretty sure they think thats as hard to get accepted to as columbia law
every prof at cornell glazes it so hard
GreyCeaselessMammoth
15:50
i know so many heads going to various schools for random masters degrees and its like babe its not the sameeee
cumsock
15:50
"The acceptance rate for the Master of Science in Social Work (MSW) program at Columbia University is 74%" does he know?
15:50
@cumsock: some battles are won by avoiding fighting them
cumsock
15:51
im not i just wish normies knew its not the same
Trismegistus
15:51
i need chicago so badly
15:51
for suresies
lilypadfrog
15:52
llama do you think we’re besties? I kinda think we’re besties
JumpySubsequentDolphin
15:52
@GreyCeaselessMammoth: PLS I know a girl who got a master’s at Columbia for some random niche thing and she told EVERYBODY SHES GOING TO COLUMBIA LAW SCHOOL
GreyCeaselessMammoth
15:52
WHAT???
15:53
@JumpySubsequentDolphin: I can respect the hustle.
GreyCeaselessMammoth
15:53
penn r
GreyCeaselessMammoth
15:53
called it
15:53
i have two old classmates going to columbia for like social work
15:53
@lilypadfrog: that depends. flash ur mod badge to find out
soyalmondoatmilk
15:54
penn R too bruh
GreyCeaselessMammoth
15:55
luigi arc ended :(
15:56
you can be driven insane by chronic back pain anywhere :)
[M] lilypadfrog
15:57
@llama: if you insist
Trismegistus
15:57
STILL NOTHING?
Trismegistus
15:57
for me
RightPlant
15:57
anything from nyu?
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