The following are general answers to frequently asked questions. The facts and circumstances of your particular situation may result in different answers than the general responses provided below. The Receiver and this company do not represent you and nothing contained in this website should be considered as providing you with legal advice on your legal matter.
Most turnover receivership orders provide that all nonexempt property (which may include bank funds) be turned over to the Receiver to pay off the Judgment and Receivership. When a bank is served with a Receivership Order, the bank reviews its accounts and freezes any accounts that the bank believes to be indebted to or owned by the defendant.
A “receivership” is a legal remedy provided by CPRC 31.002 (the “Texas Turnover Statute”) where a defendant’s nonexempt assets are placed into the legal custody of the Court to pay a judgment.
A Receiver is an independent officer of the Court appointed by the Judge by a Receivership Order to locate and liquidate nonexempt assets for the payment of a Judgment. The Receiver, even though he is an attorney, does not represent the plaintiffs or defendants in the case.
Yes! You might be eligible to resolve your case entirely online using our Defendant Portal. There, you can view your case details, submit a payment plan proposal—no need to call or wait for a call back.
The fastest way is through our Defendant Portal. It allows you to take immediate action by viewing your court documents, viewing your notice of rights, submitting a payment proposal, or you might be eligible for a contactless agreement, all without waiting for a callback or office hours.
Resolve Now at: Defendant Portal
We never discourage a defendant from seeking legal advice and to explore all options.
No, the Receiver is a full-time Court Receiver. He does not provide legal services to clients. Additionally, if you are reading this, he is likely the court-appointed receiver in your case, which means he is an independent officer of the Court appointed by the Judge and he cannot provide legal services to the plaintiff, defendant, or their attorneys.
In an effort to expedite swift resolutions, these matters are typically resolved via telephone calls and/or email followed by a signed written agreement which will be submitted to the Judge. All agreements must be in writing signed by the Receiver and defendant. While our office is not open to the public, you can contact the Court to schedule a time with the Judge to meet the Receiver in the courtroom.
If you do not recognize the plaintiff’s name on the Judgment against you, it is possible the debt or Judgment arising from the debt was transferred to another entity that now appears as the plaintiff.
Generally, in Texas, a creditor has four years to bring a lawsuit on a debt. Once a judgment is obtained on the debt, the judgment is good for 10 years and can be renewed for additional 10-year periods.
Once a Judgment is in a receivership, all defendants’ nonexempt property is held by the Court in custodia legis (the custody of the law). The Receiver is the agent of the Court during the Receivership and will be responsible for creating a resolution to the receivership.
Yes! The fastest way to view the upcoming payments on your payment plan is through our PPA Portal. View now at: PPA Portal
Yes! The fastest way to view the payment history on your payment plan is through our PPA Portal. View now at: PPA Portal