Why Appoint a Receiver in Litigation
A court-appointed receiver provides a neutral third-party solution in litigation, particularly when the parties are in high conflict or when there are concerns about fairness, delay, or enforcement of court orders. Stewardship Real Property Receiver provides third-party oversight and the key benefits in a receiver appointment to include:
Eliminates stalling tactics by a non-cooperative spouse
Protects the property from division by the court
Allows for judicial oversight
Reduces litigation and costs to the parties
Ensures enforceability of the Court's orders