This is an order for the appointment of a receiver. In an instance where the appointment of a receiver is necessary, this decision and order directs the receiver to reduce to cash any and all asssets where possible, and to file with the clerk a list of all assets and their disposition.
Franklin Ohio Appointment of a Receiver
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Multi-State
County:
Franklin
Control #:
US-L07057
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FAQ
Receivers and receiverships in Texas describe situations when a third party receiver appointed to property by a judge is given the responsibility of locating and liquidating the defendants' nonexempt property in order to pay a judgment.
(b) A court may appoint a receiver for a corporation on the petition of one or more stockholders of the corporation. (2) appointment of a receiver over all or part of the marital estate in a suit filed under Title 1 or 5, Family Code. Acts 1985, 69th Leg., ch. 959, Sec.
The appointment of a receiver is a mechanism for the enforcement of security granted by a company by way of a fixed and/ or floating charge over its assets. The receiver's powers are set out in the debenture deed. The 2014 Act provides statutory powers for receivers.
The receiver is a neutral, legally-appointed professional who is entrusted to manage a company's operations, finances, and property in the event that they default on their loan payments. The main goals of receivership are to: Repay debts to creditors. Negotiate with creditors to secure lower interest rates.
A/V receivers act as the nerve center of your home theater system. They perform a host of essential functions, including decoding your DVD's surround sound formats, driving your loudspeakers, and switching between audio and video components. If you want high-quality surround sound, you need a high-quality A/V receiver.
So do you need a receiver for surround sound? For traditional speakers, a receiver is highly recommended, almost always required. For active Soundbars with wireless or satellite speakers, a receiver is not needed. Passive Soundbars will require the use of a receiver.
The purpose of the receiver is to preserve property or other assets of the parties subject to litigation in an effort to ensure an equitable outcome for all parties involved.
The court may appoint a receiver where assets subject to a charge have been transferred without the consent of the charge-holder or to in regard to a proceeds of crime order. The court may appoint a receiver on behalf of a debenture holder or judgment creditor to enforce payment.
A Receiver is an officer appointed by the Court who is given custody of specified assets with direction to liquidate them and distribute the proceeds. A Court order is typically required to appoint a Receiver, and the terms of the order describe the Receiver's duties and powers.
A receiver is a person appointed as custodian of a person or entity's property, finances, general assets, or business operations. Receivers can be appointed by courts, government regulators, or private entities. Receivers seek to realize and secure assets and manage affairs to pay debts.