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Debt Relief – Insolvency – Bankruptcy Information » Insolvency » What does it mean to out something into receivership?

What does it mean to out something into receivership?

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2 Responses to "What does it mean to out something into receivership?"

  1. John M says:
    A judge will put a company into receivership when they are trying to resolve a bankruptcy, but the business needs to continue to operate in the meantime. A receiver is a party that is charged with running the business as a going concern except where the court specifically orders it to do otherwise.
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