How much does it cost to appoint a receiver?
Although the costs of the receiver are usually paid through the receivership estate, the creditor must advance the costs necessary to appoint the receiver. If there are not sufficient liquid funds available within the receivership estate to support operation expenses, the moving party will need to loan funds to the receivership estate through a Receiver’s Certificate. The Receiver’s Certificate creates a super priority lien against the estate and is paid out of the estate before distribution of any other payments. CalReceiver requires a minimum of $2,500.00 in liquid funds to operate any receivership estate, and a greater amount may be required based on the particulars of each case.
