§ 498.8

498:8 Creditors' Bills. – When an estate, property, interest, right, or credit, legal or equitable, of a debtor against whom execution has been issued and returned unsatisfied is alleged to be so held that it cannot be reached, or to have been conveyed by the debtor in fraud of his creditors, or to be held by others for the debtor's use, proceedings in equity may be had for a discovery and for relief; and the court shall make proper decrees and orders, and issue proper process to compel a discovery, to prevent a transfer of the property and to make application of so much thereof as in justice ought to be applied in satisfaction of the debt. Source. 1845, 234:1, 2. CS 181:19, 20. GS 190:3. GL 209:3. PS 205:7. PL 317:7. RL 371:8.