Creditor's rights are an area of law that contains all of the rights that creditors possess in terms of reclaiming the money that is owed to them from their debtors. These rights come into play when a debtor stops making payments on the debt that they owe to the creditor.
Among the rights that are included in creditor's rights are the right to garnish a debtor's wages, the right to put a lien on a debtor's property, the right to seize the debtor's property and conduct a forced sale of it, and a number of other rights.
Creditor's rights, and their exact terms, can vary from state to state. However, they all involve the privileges that are afforded to creditors for recouping money that is owed to them by debtors.