Judgment Entered |
More than 80% of U.S. judgments go uncollected.
Texas provides significant, well known, protections to judgment debtor.
Most Texas collection remedies are limited and expensive; but there is one remedy that can even the odds - Texas Turnover and Receivership.
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Collecting Civil Judgments
Texas provides a number of post-judgment remedies: garnishment, execution, post-judgment examination/deposition, abstraction of judgment, plus turnover and receivership. Each remedy provides for one specific collection action except one - Turnover and Receivership.
Turnover & Appointment of Receiver is The Most Powerful post-judgment remedy.
Turnover & Receivership can be the most cost effective and aggressive remedy.
No other remedy has the combined powers & authorities the Receiver is provided.
A Turnover & Receivership Order generally provides the Receiver with significant powers and authorities that continue until the judgment is paid. Turnover & Receivership has the power to overcome the judgment debtor's hiding, disposing, or transferring of non-exempt property.
Turnover & Receivership Orders provide Receivers with unlimited collection actions for an indefinite time.
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Before sale or expiration of judgmentEVEN THE ODDS
Consider having your attorney secure an Order for Turnover & Receivership. Receiver costs and fees are paid by the judgment debtor. |