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Re: None

Saturday, 10/22/2016 8:12:05 PM

Saturday, October 22, 2016 8:12:05 PM

Post# of 298910
Pending revenue is likely to preclude a receivership. In any receivership, any pending revenue is likely not affected, curtailed, or ended. Further, the Court is actually in charge of what happens. The debtor retains ownership. The court can act to divert more revenue to the creditor, but the court is also likely to act to keep any revenue increases, and processes, intact. The receiver does not deprive the ownership of its rights. Eventually the creditor claim is satisfied, ending receivership: If ever there was one imposed in California(?). The courts are overworked. That level administration they don't need.


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