Creditors' Bill Law and Legal Definition
Creditors' bill is an equitable action or suit brought by a creditor to enforce a money judgment against a debtor to collect the payment of a debt that cannot be reached through normal legal procedures.
The term is also used broadly to refer to certain other actions brought by creditors, such as a suit brought by the creditors of a decedent to obtain administration of his/her estate, a suit by junior lien creditors to secure a marshaling of a debtor's assets, and suits to set aside fraudulent conveyances.
