The Law Offices of Randolph C. Houts
Mr. Houts is a general business law practitioner with a background in creditor's rights, lending, secured transactions, judgment enforcement, Bankruptcy issues, business law, and compliance.
Mr. Houts is a Certified Closing Counsel with over 25 years experience documenting and closing 504 and 7(a) loans for the Certified Development Companies through the U.S. Small Business Administration.
Contract and lease review and drafting, business formation, general business services, credit-related services, as well as certain writing and editing services are also available.
News & Publications
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
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DEBTORS: PLEASE NOTE THAT, FOR A NUMBER OF YEARS, THIS PRACTICE EMPHASIZED DEBT COLLECTION. WHILE OUR PRACTICE HAS CHANGED IN RECENT YEARS, SHOULD SHOULD ASSUME THAT IN CONTACTING US, YOU ARE COMMUNICATING WITH A DEBT COLLECTOR AND ANY INFORMATION WE RECEIVE MAY BE USED FOR THAT PURPOSE.
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Website material is provided for information only and is not to be taken as legal advice on any particular issue.
Areas of Practice
United States Small Business Administration Lending and Closings
Business and Contract Law; Business Formation
Writing and Editing services