A Receivership is a court appointed position in which an individual is given the fiduciary responsibility to preserve and protect receivership property, which includes tangible and intangible assets and rights.
Receivership requires the strictest of trust relationships. As a court-appointed receiver, knowledge about receivership laws and concepts are vital. Receiverships require leadership, experience, knowledge, management and business operation skills.
ALPS have an experienced team of bonded and insured Court-Appointed Receivers that provide services Nationwide.
At ALPS, our Receivers assist in
- Equity/ Collateral is where a Receiver is there to control and operate the business. The Receiver analyzes what is best for the business and implements the plan.
- Regulatory receivership appointments to insure protection and preserve investor funds.
- Secured creditor cases where lenders are proceeding in real estate foreclosure actions and requesting a Receiver to protect the asset.
ALPS Court-Appointed Receiver Qualifications
All ALPS Receivers are experienced in court on a variety of asset types and have met certain ALPS requirements. These requirements are that all receivers have knowledge of legal proceeding, construction and have a paralegal certification. In addition, they are required to earn CLE and CEU credits on a regular basis and to author articles related to their field.
We are members of National Association of Federal Equities Receivers (NAFER), California Receiver Forum (CRF), Chicago Bar Association CBA), American Bar Association (ABA) and Part 36 Certified (New York).
ALPS Service Types
Retail facilities, malls, commercial strip centers, dry cleaners, laundromats, golf courses, mobile home parks, residential developments, multi-family facilities, apartment complexes, single family and mixed use developments, gas stations, car washes, storage facilities, medical facilities, hotels/motels, restaurants, convenience stores, mid-rise buildings, condominiums, daycare facilities, industrial parks, warehouses, office parks, churches, marinas, equestrian facilities, OEM/manufacturing, construction sites and business operations/business dissolution, governmental, regulatory agencies, equities recovery and oversight.