Receivership, Referee, & Partition Services at A & A Receivership and Management Services

Receivership, Referee, & Partition Services

Do you have outstanding loans that are in default and concerned about protecting the value or income stream of the collateral assets securing those loans (i.e. real estate, a business, or personal property) while you are attempting to resolve the situation with the debtor through foreclosure, settlement, or court intervention? If so, we can help protect your financial interests.

At A & A Receivership & Property Management, we specialize in helping lending institutions like yours protect and improve the value and income streams of its collateral assets (real estate, businesses, etc.) while disputes with debtors are resolved and justice is served. With over 16 years of experience in managing and liquidating real estate and businesses, we can effectively take control of the management of these assets, analyze how they are being run, conduct an inventory, and improve or sell the assets to make sure your positions are protected.

What a Receiver is and how one is appointed:

A Receiver is a neutral outside individual appointed by a court to manage and administer real estate, inventory, money, or a business while parties resolve their dispute. A Receiver is typically put in place by a lending institution having its attorney apply to a court of law to have a particular individual appointed as Receiver over its collateral asset. While the dispute or foreclosure is being resolved, a creditor can rest assured that its collateral assets are being preserved by the Receiver. If the parties resolve their dispute or a court makes a determinative ruling, the Receiver can also be used to carry out the terms of the agreement or court ruling. Quite often, once a lender informs a debtor that it has filed a petition for a receiver, the loan is brought current.

Why Your Institution Should Appoint a Receiver to Protect Its Interests:

The Simple answer is; it makes financial sense. The costs of the Receiver are usually paid through the receivership estate. The sooner a Receiver is appointed, the less chance there is of the debtor neglecting, damaging, or pilfering the collateral asset. Often, the Receiver brings a fresh management perspective to the real estate or business and can effectively implement accounting and management practices that benefit the collateral assets well beyond the receivership period.

Give us a call so we can discuss your institution's particular needs and determine if it could benefit from our services.