Legal Definitions - creditor's bill

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.