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Can a receiver be appointed at the request of a secured creditor holding a lien on accounts receivables for the limited purpose of collecting the receivables? By Davidson, Peter* Q.: Can a receiver be appointed at the request of a secured creditor holding a lien on accounts receivable for the limited purpose of collecting the receivables? A: C.C.P. §564(b)(9) may support an action for specific performance of the
provisions of loan documents, by way of a receivership. In addition, a
receiver may be appointed to enforce a judgment (C.C.P. §564(b)(3)) and to
collect a debt. (C.C.P. §568). However, many judges will not appoint
receivers for these purposes without other specific showings, such as
there is no other available remedy or the assets are being converted,
transferred out of state, or secreted. In other words, "know your judge".
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