What is a Receivership?

Generally, a receiver is appointed by a judge to collect and appropriately distribute a person’s assets in accordance with a judicial judgment. If a receiver has been appointed for your debtor then it is the receiver who is responsible for making payments to you if those payments were included in the judicial judgment. Receivership is often a step taken by a business prior to filing for bankruptcy.

The information on this page is meant to provide a general overview of the law. The laws in your state and/or city may deviate significantly from those described here. If you have specific questions related to your situation you should speak with a local attorney.

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