(A) A person or entity to whom money or a debt is owed. (B) persons, contracts. A creditor is he who has a right to require the fulfillment of an obligation or contract. 2. Creditors may be divided into personal and real. 3. The former are so called, because their claims are mainly against the person, who can reach the property of their debtors only by; virtue of the general … [Read more...] about CREDITOR
C
CREW
Those persons who are employed in the navigation of a vessel. 2. A vessel to be seaworthy must have a sufficient crew. 3. In general, the master or captain has the selection of the crew. … [Read more...] about CREW
CREDITORS' BILL
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...] about CREDITORS' BILL
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...] about CRIB-BITING
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...] about CREDITOR'S CLAIM
