The property can then be sold in order to pay the person's creditors.
Most are still operating and trying to pay their creditors.
That would have been enough to cover checks already written and to pay creditors in Chicago.
Slowly, she began to fall behind in paying taxes and creditors.
And if you own any property or assets, those will be sold to pay your creditors.
In 1839, bankrupt, he saw a good marriage as the only way to pay his creditors.
We barely manage to pay our creditors, as it is.
The $8 million will be used to pay Napster's creditors, the company said.
The administrators are trying to sell the company's assets to pay its creditors.
Bennett, however, is only able to partially pay her creditors.