What Is Receivership – Texas Court-Appointed Receivers & Turnover Orders

What Is Receivership – Texas Court-Appointed Receivers & Turnover Orders

Texas state laws provide for another avenue to obtain money or valuable property to satisfy a judgment that the defendant/debtor is trying to avoid paying, and that is through the professional efforts of a court-appointed receiver. Under Section 31.002 of the Texas Civil Practice and Remedies Code, a judgment creditor may “obtain satisfaction on [a]

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