The administration of an estate comes with significant responsibilities and legal requirements, one of which is the procurement of a probate surety bond. These bonds serve as a pledge to the estate and its beneficiaries that the appointed individuals will conduct their duties ethically and in accordance with the law. From curator bonds to trustees, […]
In the business and legal realms, the term "surety bond" frequently surfaces, but its definition and implications can often be complex and misunderstood. A surety bond is a legally binding agreement that involves three parties: the principal (who needs the bond), the obligee (who requires the bond), and the surety (who underwrites the bond). This […]
Choosing a surety bond company doesn’t always seem like an easy decision especially if this is the first time being faced with the task. Today we hope to make the decision at least a little easier for those searching. Regardless of which state you are in here are 5 must-haves for a surety bond company. […]
Knowing how to get a surety bond is important for businesses, lawyers, and individuals. A surety bond can offer protection on many levels. States require bonds to guard consumers against wrongful business practices. Defendants and plaintiffs in active cases use a surety bond to prove good faith for their actions. And prospective homeowners can even […]
The decision between posting cash or a surety bond isn’t as hard as one may think. It may seem simpler to put up cash instead of a surety bond, but in the majority of cases a bond is the better way to go when handling a cash surety bond decision. Cash Is Hard To Collect […]
When a court or state demands a surety bond they want the bond expeditiously. Jurisco understands that the need for a surety bond can arise quickly. A team of lawyer-trained staff knows how important a surety bond is for a plaintiff, defendant, or for an individual seeking a bond for their licensing requirements so they […]
Landlords who feel the only solution left is to evict a commercial renter must take the appropriate steps to protect themselves and the tenant before following through with the eviction. In most situations a court will require the plaintiff to secure a distress bond. By submitting this bond to the court the landlord is showing […]
As an attorney, it is necessary to look at the case from all angles. That includes what will happen in the event of a victory and in the chance of defeat. Part of this preparation means reviewing which Types of Surety Bonds may be required on the behalf of the client. Now this, of course, […]
Perhaps one of the best ways to explain surety bonds is thinking of it as a sort of insurance policy. Should anything go awry in a legal case or proceeding, a surety bond is the net that catches the downfall, insuring plaintiffs and defendants do not lose money, property, and the like without any recourse. […]