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PO Box 131226
Dallas, TX 75313
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Frequently Asked Questions
What is a Texas court ordered receiver?
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.
How can a Texas receivership collect my judgment?
A Texas receiver may seize any unprotected assets such as a bank account.
At Texas Receivership LLC, our goal is to reach a quick resolution that will resolve the Judgment and end the receivership for the benefit of all parties. To speed up the process, Resolve your Judgment
How can I hire you?
Texas Receivership and their Court Receivers can act as a court ordered receiver to collect your judgment. Click Work with us to tell us more about your judgment.
Why is my bank account frozen?
Most turnover orders / receiverships require 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 the Defendant’s account.
How do I get my money back?
Depending upon your circumstances, our client may be willing to return some monies taken in garnishment as long as the receivership remains open and the debt signs an payment agreement.
How can I resolve this?
At Texas Receivership LLC, our goal is to reach a quick resolution that will resolve the Judgment and end the receivership for the benefit of all parties. To speed up the process, Resolve your Judgment