San Francisco Appeal Bond Uses

September 21, 2017 by · Leave a Comment 

Handling a San Francisco appeal bond must be done in a timely and professional manner. Clients trust Jurisco to take care of things fast without any negative consequences. California surety bond experts are very familiar with San Francisco and all special requirements the bonding process has here. Our bond experts aim to stay in the know so clients can focus on other areas – including the appeal of a judgement.

Why Do Courts Use Surety Bonds?

The court system relies on surety bonds because they are a secure, affordable, and protective action. Both defendants and plaintiffs can be required to use a surety bond.

A common San Francisco surety bond is a wage garnishment bond which is required when a party recovers owed funds by garnishing an employee’s wages. This bond gives the person being garnished a financial recourse should the garnishment be found unlawful.

Since the surety bond process is deemed accessible the San Francisco court system doesn’t see the requirement as hindering justice. Jurisco works to keep it that way.

What Does an Appeal Bond Do?

Aerial view of San Frnacisco downtown with the Bay Bridge in the backgroundA San Francisco appeal bond, also known as a supersedeas bond, is required by the defendant seeking to overturn the judgement. Just as the defendant has the right to appeal the plaintiff has a right to their judgement. To meet both needs an appeal bond is used. A San Francisco appeal bond covers the value of the judgement, along with any court fees, so the plaintiff is fully protected. A judge does not want to leave the plaintiff exposed to unnecessary delays.

Requiring an appeal bond in San Francisco is a way the court can gauge the seriousness of the defendant. Without this requirement a defendant may be enticed to appeal the judgement without a plan to ever satisfy the court order. Instead, the plaintiff is protected. And should the court deem it necessary the San Francisco appeal bond can be used to pay the judgement or loss of time.

How Fast Does Jurisco Make the Bond Process?

A glance out on office window in the Financial District shows more than workers going to their daily jobs. It shows the hundreds of tourists who are coming to see the Golden Gate city. The point being, there’s a lot to see and do in San Francisco. Being tied up in an appeal bond process doesn’t have to be on the top of the list.

Jurisco works to deliver same-day service for all San Francisco surety bonds including appeal bonds. The surety bond experts will handle everything to make sure the San Francisco appeal bond meets every requirement.

Being a nationwide surety bond provider, Jurisco is in the best position to deliver quick service and a low surety bond rate. Have more questions about San Francisco appeal bonds? Contact Jurisco today to get answers.

Securing A Los Angeles Auctioneer Bond

June 6, 2017 by · Leave a Comment 

Securing an auctioneer surety bond in Los Angeles is simple when working with Jurisco. Jurisco is a surety bond company delivering fast service and low surety bond rates for clients in all 50 states. Surety bond experts quickly handle securing a Los Angeles auctioneer bond helping clients satisfy California surety bond requirements.

What is an Auctioneer Bond?

Image of Los Angeles skyline view at night. Los Angeles buildings are reflected in the waterAn auctioneer bond is a type of California surety bond known as a license or permit bond. This bond must be secured in order for a manager/operator or auctioneer house to be fully licensed by the state of California. This surety bond is a form of fiscal protection should the manager/operator or auctioneer house breach the terms of their contract and/or state licensing.

Anyone seeking to become an auctioneer or operate an auctioneer house must secure the surety bond before they begin their business. Anyone comparing auctioneer houses can always request their auctioneer bond information to ensure they will be treated properly.

Can an Auction Happen without a Surety Bond?

Technically an auction can take place without a surety bond. However, that auction would not be considered fully licensed nor the auctioneer sound in their ethics. The state of California requires an auctioneer bond in Los Angeles and every other city in its jurisdiction.

While Los Angeles auctions may recall scenes from glamorous movies or television shows, real life auctions aren’t always a black tie affair. California understands that auctions take place daily and cover a wide range of goods and services. To best protect the residents of California from being taken advantage of by rigging sales, charging unnecessary fees, or failing to deliver bought property, the state requires a Los Angeles auctioneer bond.

Is Securing a Surety Bond Easy?

Securing a surety bond is an easy process when clients work with a reputable surety bond company. Jurisco serves all 50 states and has surety bond experts for every state. California surety bonds aren’t a complicated matter for Jursico.

Any client needing an auctioneer bond in Los Angeles can work with Jurisco to receive same-day service. Online surety bond applications are available to begin the process right now. Clients always have the option to speak with a surety bond expert about the Los Angeles auctioneer bond requirements, too.

Does Credit Score Impact Bond Rates?

A surety bond rate is determined by a few different factors. The leading factor is the value of the overall bond itself. Surety bond rates cover a large amount but they don’t require a lot of upfront capital. Still the overall value is considered. Among the other factors are term limits for the Los Angeles auctioneer bond, any special requirements made by a city statute or presiding judge, and a client’s credit score.

Being a nationwide surety bond company allows Jurisco to deliver fast service and low surety bond rates even in the . Even when clients have issues with low credit scores Jurisco is able to deliver the best rate. Not every Los Angeles auctioneer bond company can offer the same promise.

Understanding California Mechanics Lien Law

February 8, 2016 by · Leave a Comment 

The California mechanics lien law lays out the circumstances and requirements for a lien. Knowing when to use a lien, or how to remove a lien, can appear confusing with strict time limits and amount constraints. Understanding the California mechanics lien law is the best way to deal with the lien process.

Using A Lien

The California mechanics lien law must be followed.

The California mechanics lien law must be followed.

Liens are typically used when one party owes another party money. A mechanics lien is placed on property, a business, or other physical properties to secure the money owed.

For example, a contractor who remodels a house and is not paid for their work can place a lien on the home. A lien can also be placed on the same home if the employees of the contractor do not receive payment. The lien prevents the property from being sold or even remortgaged.

California mechanics lien law allows liens to be placed on property as a way to clear up the disputed funds. The state also provides California lien release forms to help explain the process further.

California Mechanics Lien Law Time Limits

Part of understanding the California mechanics lien law is knowing the time limits.  A lien may be invalid if it is filed outside of the required time window.

California has strict deadlines for recording a mechanics lien. The time starts from when the work was completed. Completed being a key term. If work is still ongoing then the lien is void. Now if the contractor has been removed from the job, and/or can no longer complete the work, then their portion is considered completed, even though the job continues.

These slight subtleties catch a lot of people up.

Without filing a lien in the proper time frame, the lien will be of little use. In general, it is expected that a lien be properly filed within the 30-day “completed”  timeframe. Working with a California surety bond expert will help clear up any problems with deadlines.

The state also mandates how quickly a release of lien must be filed.

Release Of Lien Surety Bond

Dealing with a mechanics lien can be a headache.  The best way to handle a lien is to quickly replace it with a surety bond. With the lien being secured by a bond, the issue over money owed can be cleared up without threat to property.

A release of lien bond removes the lien from the property and replaces it with a surety bond. The amount of the release of lien bond is based on the amount of the lien along with additional court costs.

Courts only accept a release of lien bond if the California mechanics lien law is followed. Working with Jurisco, a reputable surety bond company, means clients always receive a bond that meets state statutes. Take care of a mechanics lien easily with Jurisco.

Lien Release California Mandates

February 5, 2016 by · Leave a Comment 

A lien release California surety bond helps remove a lien on property. A property lien can cause trouble so it is best to remove the lien as soon as possible. Using a surety bond is a quick way to handle liens.

How A Transfer Of Lien Bond Works

Remove a property lien with a lien release California surety bond.

Remove a property lien with a lien release California surety bond.

A lien release California bond is a type of defendant bond. This court surety bond covers the full amount of the lien on the property. This bond is also referred to as a transfer of lien bond.

Property liens can tie up the sale of property, construction projects, and even lead to a foreclosure action.

A lien release California surety bond replaces the lien on the property with the promissory note of the bond. By replacing the lien with the bond the property under lien can now be handled as normal regarding a sale, transfer, etc.

Fulfilling Lien Release California Requirements

Working with a California surety bond expert makes the release of lien process simple. The knowledge of state operations helps clients navigate the surety bond waters.

By creating a simple lien release California process, a transfer of lien bond is often secured the same day the application is received. Jurisco offers this fast service so clients have the surety bonds they need when they need them.

California makes a strong effort to help both individuals and companies avoid liens. One resource is the California unconditional waiver release form. The Jurisco surety bond expert makes sure clients understand all their resources.

Free Up Property With A Release Of Lien Bond

Worried about a property lien? Take care of things with Jurisco’s help. Start the surety bond application online or contact a member of the Jurisco team now.

It only takes a few minutes and then the lien release California application is almost complete. Don’t let a property lien cause trouble. Handle the situation the best way possible with a transfer of lien bond.

California License bond and Car Wash Bond

April 7, 2014 by · Leave a Comment 

California License bond and Car Wash BondAs an attorney, have you ever had a client who was looking to start a new business ask you about a License Bond?  As a potential small business owner have you ever had to procure a license bond and not known what in the world that would entail?

The bond experts at Jurisco will try to answer all of these questions.  First of all, a license bond (also known as a business bond or permit bonds) is an integral part of regulated state commerce.  And, in most cases, the license bond (or business bond) is used as a consumer protection mechanism; for instance that products for sale will be not be misrepresented or that prepaid fees will be guaranteed.  In  California, for example, in California operators of a Dance Studio must post (up to) a $25,000 surety license bond with the secretary of state’s office.   This precautionary business bond protects consumers and safeguards their prepaid fees.  (See link for a list of business bonds on the California Secretary of State website:  SoS license bond list)

The Jurisco bond article team would also be remiss if they explain that requirements often change for license bonding.  As this type of surety bond is a precautionary safeguard,  the scope of damages they are protecting against may change over time.  This is best evidenced by a statutory recently enacted by the California Assembly.  The bill, which went into effect on New Year’s Day,  increases the bond amount for acquiring car wash license from $15,000 to $150,000.  Its true.   In this case the bond isn’t protecting consumers but employees.  Amended text of the bill states that the bond requirements are “for the benefit of the state to compensate employees damaged by the employer’s nonpayment of wages”.  (See link for full bond text and more information:  CA AB 1387)  Since this bond is used to protect employees it would be posted with the Department of Industrial Relations. (see link for more information: Car Wash Bond )

This can, of course, be confusing.  The surety bond experts at Jurisco understand this and are happy to assist you with any of your license bond or business bond inquiries.  Contact one of their knowledgeable professionals today.

California’s Bill Payer Bond

April 7, 2014 by · Leave a Comment 

California's Bill Payer Bond Recently, the surety bond experts at Jurisco and their blog team read an article on AmericanBanker.com (an online financial publication) about the future of online payment processing, written by Deborah Peace (read it: here).  In it, Ms. Peace outlays the growing trend of online payment processing along with the future regulatory challenges and concerns.

One point was clear:  Online transactions will only continue to increase.   Additionally, many new businesses will try to position themselves as players in this global game.  And in California, it’s no different.  Many of these start-ups will follow the business model established by the global leader in online payments:  Paypal.  Paypal also leads the industry in Automated Clearing House Payments or ACH. According to Paypal’s website,  this payment service enables you to electronically collect payments from your customers for either single-entry or recurring payments by directly debiting your customer’s checking or saving accounts.  Such as for bill payment.  Online payment software is a huge and growing industry.  As Ms. Peace notes, with the world commercial economy shifting to a cashless world online payments will be ubiquitous and since so many billions of dollars will be exchanged daily over the internet the need for security and consumer protection becomes ever more important.

Jumping in to this breach with safety nets unfurling is the California Office of Administrative Law.  And they come with their good book:  The California Code of Regulations (CCOG).  In the CCOG (Title 10, chapter 3, sub-chapter 10) the regulatory requirements for any entity that acts as a ‘bill payer’ are defined.    One of the systems used to protect consumers from fraudulent activity and financial mismanagement of online bill paying is a legal device called a “Bill Payers Bond”.  This Bond requires any “licensee engaged in the business of selling checks or accepting money for the purpose of forwarding it to others in payment of utility bills should obtain and file with the Commissioner a fidelity bond providing fidelity coverage on each officer and employee of not less than $50,000

The bond experts at Jurisco realize the importance of protecting consumers and also the need for new business to be up to speed with all governmental requirements in California.  So if you, or someone you know are in need of this type of fidelity bond, contact the surety bond experts at Jurisco for rates applications and more information.

Distress or Distraint Bond in California

February 24, 2012 by · Leave a Comment 

Distress or Distraint Bond in CaliforniaThe ripple effects of the Great Recession remain with high rates of unemployment, foreclosures and businesses closing in California. When businesses decline, their bills start going unpaid. One of those bills left unpaid may be the rent on commercial property. Like tenants in an apartment complex, the proprietor can evict a business for unpaid rents. However, before a company can be evicted from their place of business, the property owner (or plaintiff operating on their behalf) needs a distress or distraint bond.

Eviction isn’t the first step in recovering unpaid rents. Landlords have right to payments, but their tenants have the right to avoid unlawful evictions. California courts require a distress or distraint bond before an eviction takes place to protect the tenant. Without this surety bond, the tenant, in this case a business might face an unnecessary loss. A distress or distraint bond in california may also be referred to as a distress for rent bond.

The cost of a distress or distraint bond is determined by the distraint (how much rent is owed, unpaid). Distress bond amounts are typically twice the amount of the distress. To find out how much a distress bond cost in California, a Jurisco surety bond expert can review your case.

 
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