This is an order for the appointment of a receiver. In an instance where the appointment of a receiver is necessary, this decision and order directs the receiver to reduce to cash any and all asssets where possible, and to file with the clerk a list of all assets and their disposition.
New York Appointment of a Receiver
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US-L07057
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FAQ
A receiver is a person appointed as custodian of a person or entity's property, finances, general assets, or business operations. Receivers can be appointed by courts, government regulators, or private entities. Receivers seek to realize and secure assets and manage affairs to pay debts.
Primary tabs. Entry of judgment is a final recording of the decision and opinion, if the court made one.
A written notice that a prevailing party provides other parties to alert them that an order or judgment has been entered in a New York state court.
The default judgment usually gives the plaintiff the right to collect the amount of money that was asked for in the complaint, plus interest and court costs. The judgment will appear on the defendant's credit report, and it can be there for up to seven years if it is not paid.
The receiver displaces the property owner as the active property manager and is responsible for tasks like collecting rent, maintaining and repairing the property, and ensuring contractors and service providers are paid.
A written notice that a prevailing party provides other parties to alert them that an order or judgment has been entered in a New York state court.
Notice of Entry of Judgment or Order (CIV-130) Tells the parties that a judgment has been entered in a case. Service of this notice sets the start date of important deadlines regarding the ability to set-aside or challenge the judgment.