Peterson has four limited partnership units in Cedar Riverside Properties and Chrysler Credit may acquire a charging order against them. A charging order in opposition to a debtors interest in limited partnership was held by the court as a proper mixture for a judgment creditor to acquire. Receiving profits and other distributions due on the partnership interest is an entitlement of the charging order for the judgment creditor to receive.
Chrysler Credit in disagreement to Peterson's limited partnership units in Cedar Riverside Properties was given a charging order by the court in support of Chrysler. Peterson, in this case, had reassigned his interests in the four limited partnership units to his spouse and lawyer sometime before he learned
Chrysler Credit in disagreement to Peterson's limited partnership units in Cedar Riverside Properties was given a charging order by the court in support of Chrysler. Peterson, in this case, had reassigned his interests in the four limited partnership units to his spouse and lawyer sometime before he learned