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creditor at large

Defined in 2 dictionaries — Case Law, Black's (1910)

Definitions from Case Law

From 65 U.S. 352 - George Day Bowen Matlock Isaac Frothingham and George Warner v. William a Washburn and John a Keith · 1860Most cited · 41 citing opinions

The court of chancery does not give any specific lien to a creditor at large, against his debtor, further than he has acquired at law; for, as he did not trust the debtor on the faith of such lien, it would be unjust to give him a preference over other creditors, and thus defeat a pro rata distribution, which equity favors, unless prevented by the rules of law. It is only when he has obtained a judgment and execution in seeking to subject the property of his debtor in the hands of third persons, or to reach property not accessible to an execution, that a legal preference is acquired, which a court of chancery will enforce.

Black's Law Dictionary

Henry Campbell Black, M.A. · 1910

One who has not established his debt by the recovery of a judgment or has not otherwise secured a lien on any of the debtor's property. U. S. v. Ingate (C. C.) 48 Fed. 254; Wolcott v. Ash-enfelter, 5 N. M. 442, 23 Pac. 780, 8 L. R. A. 691.

Defined under Creditor in Black's Law Dictionary.