Our Receivership Services bring the power of CPA accreditation to this critical function. 
 

A receiver is an unbiased third party appointed by a court to carry its orders into effect. There are a variety of instances where a court might appoint a receiver, but they generally fall within one of the following categories:

  • Enforcement of a Court Judgment
  • Interim Corporate Management
  • Real Property (Rents, Issues & Profits)
  • Marital Dissolutions
Our Focus: We focus on business receiverships within the state of California - generally where the receivership estate is $50 million or under. By providing astute management decisions, we can deliver significant benefits to the estate, often bringing an enhanced ability to maximize creditor payments, and even survive, grow, and be ultimately profitable.  Our role may come in the following forms - as mandated by law:  
 

- Managing the business to preserve its viability while enforcing the court's order.

- Increasing Profitability

- Improving Cash Flow

- Enhancing Financing

- Assessing and implementing ongoing operations

- Managing ongoing business promotion activities
 
Our Goal: While enforcing the court's order is our overarching responsibility, we know that enhancing the viability of the business - where that is possible - is the best way to accomplish our mission. To this end, we bring our business and financial experience to bear on making the business workable in a fashion that extracts it from the conditions that required the receivership status in the first place. Often, our acting as the receiver brings a fresh management perspective to the business and can effectively implement accounting practices that benefit the business well beyond the receivership period.
 
The Details: See our Questions & Answers about receiverships.
Click here.
 
Have your attorney contact us for details on how our receivership services can benefit your creditor position. At no obligation, we will listen carefully and respond quickly as to whether or not the case meets our eligibility requirements. For assignments we deem appropriate to our firm, we can work quickly with your attorney to commence filings with the court, and take control of the receivership when the judge signs the order for us to do so.
 
Disclaimer: WE ARE NOT ATTORNEYS AND CANNOT GIVE LEGAL ADVICE.
You must be represented by an attorney to request appointment of a receiver through The Steven's Group.