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.
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This article is intended to be helpful and informative. But even common legal matters can become complex and stressful. A qualified creditors rights lawyer can address your particular legal needs, explain the law, and represent you in court. Take the first step now and contact a local creditors rights attorney to discuss your specific legal situation.