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Enforcement of Judgments
SBA 504 Closing
Creditor's Rights in Bankruptcy
Business and Contract Law
Writing and Editing services
The Law Offices of Randolph C. Houts
A law practice assisting creditors, financial institutions, businesses, and individuals with debt enforcement, creditor's rights in Bankruptcy, lending compliance and documentation, credit issues, and general business law.
Mr. Houts is also a Certified Closing Counsel for U.S. Small Business Administration 504 Loans.
Contract review and drafting, as well as certain writing and editing services are also available.
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March 15, 2013
We've launched our new website and hope you find the access to information about Houts and Associates as well as selected legal topics helpful and user-friendly.
March 1, 2013
Webb & Carey, P.C. v. Keenan - Using A Charging Order and Receiver to Take Control of the Debtor's business in California
Collecting a judgment is tough enough, but what if you find the debtor has an interest in a partnership or LLC. Even if that entity is not your judgement debtor and can't be directly levied, you can use a motion procedure to obtain a Charging Order against the debtor's interest in the partnership or LLC. The Webb & Carey decision recognizes that a receiver may then be appointed with authority to control and direct the debtor's interest in the partnership. Distributions can be made and then captured by the assignment order. The only trick is that your debtor's interest in the partnership or LLC must be a controlling one. You can find the full opinion at