§ 8.01-595.Preparation of list of creditors; notice to them.
Chapter 22. Receivers, General and Special · Article 2. Special Receivers · Last amended 1977 · Last verified July 16, 2026
In one sentenceThis section requires a newly appointed receiver to compile a list of the debtor's lien and general creditors — compelling the debtor or its officers to supply a sworn list if needed — and notify each known creditor by mail, sparing a later permanent receiver from redoing work a prior receiver already completed.
Full Text of § 8.01-595
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When a receiver has been appointed he shall immediately prepare or cause to be prepared a list of all creditors, lien and general, of the person, firm, corporation or of any other legal or commercial entity for which he is a receiver; and the court may by proper order compel any defendant for whom a receiver is appointed, or any officer of the corporation or of any other legal or commercial entity for whom the receiver is appointed, to furnish or deliver to the receiver a list, duly sworn to, of all creditors, lien or general, together with their addresses if known. The receiver shall then promptly notify by mail each creditor whose name and address has been ascertained of the appointment of the receiver.
When a permanent receiver is appointed he shall not be required to make a new list of creditors if a temporary receiver or a prior receiver appointed in the same proceedings has already prepared one which is adequate, nor shall he be required to mail other notices to creditors if the prior receiver has given proper notice to the parties entitled thereto.
Plain-English Summary
Once a receiver takes over property, the people owed money by its former owner need to know a receiver is now in charge. This section requires a receiver, immediately upon appointment, to prepare or have prepared a list of every lien and general creditor of the person, firm, corporation, or other entity for which he serves.
The court can back that duty with force. It may order any defendant for whom a receiver is appointed, or any officer of the corporation or other entity involved, to furnish or deliver to the receiver a sworn list of all creditors, lien or general, with addresses if known. Once names and addresses are in hand, the receiver promptly notifies each creditor by mail of the receiver's appointment.
The section also spares needless duplication. When a permanent receiver is appointed after a temporary or prior receiver, he need not prepare a new creditor list if the earlier one is adequate, and he need not mail fresh notices if the prior receiver already gave proper notice to the parties entitled to it.
Frequently Asked Questions
What must a receiver do immediately after appointment regarding creditors?
Immediately prepare or cause to be prepared a list of all creditors, lien and general, of the person or entity for which he is receiver.
How can the court help compile that list?
By ordering the defendant, or an officer of the corporation or other entity, to furnish or deliver a sworn list of all creditors, with addresses if known.
How does the receiver notify the creditors on that list?
By mail, promptly notifying each creditor whose name and address has been ascertained of the appointment of the receiver.
Does a permanent receiver have to prepare a new creditor list from scratch?
No, not if a temporary or prior receiver in the same proceedings has already prepared an adequate one.
Does a permanent receiver have to re-mail notices to creditors?
No, not if the prior receiver has already given proper notice to the parties entitled to it.
Amendment History
Code 1950, § 8-739; 1977, c. 617.
Source & verification. Section text and amendment history are
reproduced verbatim from the Code of Virginia, published by the
Code of Virginia, Virginia Division of Legislative Automated Systems. Last verified July 16, 2026.
· Official source
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