San Francisco
415-362-0449
Modesto
209-521-8100

April 2016 Archives

The basics of a receivership order

One of the most important aspects of a commercial bankruptcy is the preservation of assets that could conceivably be sold to pay off some of the business’ debts. To achieve this, bankruptcy court judges have the power to appoint receivers to act as an agent to keep, manage or even sell property that is part of the bankruptcy estate. Receivers can be appointed to preserve the interest of mortgage lenders (when real estate is at issue) or the interests of potential buyers for the business.

San Francisco
221 Sansome Street, Third Floor
San Francisco, CA 94104

Phone: 415-362-0449
Fax: 415-394-5544
Map & Directions

Modesto
914 Thirteenth Street
Modesto, CA 95354

Phone: 209-521-8100
Fax: 209-236-0172
Map & Directions