In English practice. A bill in equity, filed by one or more creditors, for an account of the assets of a decedent, and a legal settlement and distribution of his estate among themselves and such other creditors as may come in under the decree. In American practice. A proceeding to enforce the security of a Judgment creditor against the property or interests of his debtor. This … [Read more...]
CRIB-BITING
A defect in horses, which consists in biting the crib while in the stable. This is not, considered as a breach of general warranty of soundness. … [Read more...]
CREDITOR'S CLAIM
A claim of a creditor, usually referring to a claim filed in federal bankruptcy against a debtor that has filed for bankruptcy relief. This may also refer to a written demand for payment, a claim, that is filed in probate court after the person who owed the money has died. State statues set a time limit as to the period of time to make a claim against the estate of a deceased … [Read more...]
CRIER
An inferior officer of a court, whose duty it is to open and adjourn the court, when ordered by the judges; to make proclamations and obey the directions of the court in anything which concerns the administration of justice. Law Dictionary - Alternative Legal Definition An officer of a court, who makes proclamations. His principal duties are to announce the opening of the court … [Read more...]
CREDITOR'S RIGHTS
The rights and remedies available to creditors in their efforts to collect on debts owed and judgments granted. … [Read more...]