In California, after January 1, 1997, the creditor may, alternatively, attempt to collect rents and profits by giving an appropriate notice to tenants, thus saving the costs associated with the filing of an action for judicial foreclosure and the making of a motion for the appointment of a receiver. See Cal. Civ. Code 2938(c).  However, given the possibility that too large a number of tenants might fail to abide the notice, the creditor might prefer appointment of a receiver.