A receiver is a court appointee who temporarily takes control of a property or company to stabilize it. Under the court’s authority, the receiver can be empowered to operate a business, investigate violations, negotiate terms, pursue remedies, sell assets, satisfy debts, and more. The receiver’s role is to act as a neutral party to uphold the law and protect the interests of creditors, shareholders, the public, or other stakeholders. Their mission is to bring a complex situation to a legal and safe resolution.