Lowering Dallas Injunction Bond Rates

August 21, 2017 by · Leave a Comment 

Everything’s bigger in Texas and that can include headaches over surety bonds. Convincing a court to allow an injunction is one example of how simple requests can have complicated results. Today we’re going to look at how injunction bonds in Dallas, Texas help plaintiff’s secure an injunction. A Dallas injunction bond could just be the ticket that makes the court approve the motion.

The Role of Surety Bonds in an Injunction

A plaintiff may feel they have sound reasons to request an injunction but Texas courts require more than just a feeling. The court wants to see proof that a) the injunction is necessary and b) it won’t cause undue harm.

Aerial of Dallas, TexasOne way the court works to protect the defendant against a wrongful injunction is to require the plaintiff secure an injunction bond. The Dallas injunction bond is typically valued at double the value of the injunction action. For instance, an injunction stopping the sale of property would be valued at double the property value. This way the defendant is completely covered in case a judge later deems blocking the sale wrong.

In the same way a Dallas court can require a bond, a court has the power to waive the bond’s necessity all together. While mandates are written using big umbrella language, the state understands the importance for viewing things on a case-by-case basis.

Texas and Surety Bonds

A Dallas injunction bond isn’t the only type of surety bond uses in the jurisdiction. Dallas is similar to other cities in the state in that it uses business surety bonds, court bonds, and probate and fiduciary bonds. Bonds are involved in the day-to-day government operations what with license bonds, and construction project bonds.

The state of Texas is big on surety bonds because they are quick to secure and come at a low cost. For instance, when accepting bids for roadway construction cities know that a surety bond can be afforded by both small and large businesses. This opens up the bidding to more local companies which hopefully results in local employment and more affordable prices for taxpayers.

Other types of surety bonds used in Texas are administrator bonds, seller of travel bonds, guardianship bonds, appeal bonds, and transfer of lien bonds.

Securing a Dallas Injunction Bond

The best way to avoid the headaches and the hassle of securing a Dallas injunction bond is to work with a surety bond expert. Texas surety bond experts at Jurisco understand exactly what Dallas is looking for out of an injunction bond.

Securing an injunction bond in Dallas can be done with same-day service when working with Jurisco. Bond experts know how to offer the lowest surety bond possible while far exceeding customer expectation for service and quality.

Contact Jurisco to learn more about Dallas injunction bonds and how they can help make the injunction process successful.

Making An Austin Appeal Bond Affordable

July 25, 2017 by · Leave a Comment 

Need an Austin appeal bond but not sure what to do? It happens. That’s why Jurisco is always ready to help clients in Austin no matter what type of surety bond they require. The lawyer-trained staff at Jurisco knows that timeliness is of utmost importance when it comes to an appeal. Clients are able to trust Jurisco’s expertise and same-day service so they can get the most out of their appeal bonds in Austin.

What does an Appeal Bond Do?

Photo of Austin, Texas downtown skyline in mid afternoon with buildings reflecting off the water.An appeal bond is a type of surety bond used when a defendant is appealing an Austin, Texas court ruling. Other types of defendant bonds include counter replevin bond, a release of lis pendens bond, and a transfer of lien bond.

After a court issues a ruling it is expected that the ruling be upheld. This can sometimes conflict with a defendant wishing to appeal the ruling. As a compromise, the court has developed appeal bonds. The appeal bond in Austin allows a defendant to seek an appeal while still assuring the court that the ruling will be respected.

Is an Austin Appeal Bond Required?

Not every type of surety bond is mandated by a court or state ordinance but an appeal bond is required the majority of the time. Texas makes an appeal bond mandatory as a system of checks and balances on the appeal process. The defendant’s right to appeal cannot interfere with the plaintiff’s right to have the court ruling upheld.

The state of Texas also has special mandates for court bonds like appeal bonds. When a defendant fails to satisfy Austin appeal bond requirements it could put their appeal in jeopardy, as well as leave them facing a mountain of fees and fines.

How Much Does an Appeal Bond Cost?

Texas courts do not want to stand in the way of any defendant seeking an appeal. That’s why appeal bonds are used because they come with such a low costs. If surety bonds were expensive the requirement for an appeal bond could take the option to appeal off the table for most defendants. 

Having to cover the full value in one lump sum cash payment can cause difficulties for most defendants. Court surety bonds like appeal bonds are designed to avoid the necessity of large cash payments. An Austin appeal bond can cover thousands of dollars for a cost as low as $100. Low surety bond rates are a must when deciding which appeal bond company to use.

Need more information about appeal bonds in Austin? Contact Jurisco to speak with a Texas surety bond expert who can answer all your questions and help you secure the right Austin appeal bond today.

Texas Surety Bonds: Houston Guardianship Bond

June 28, 2017 by · Leave a Comment 

There’s nothing small about Texas. Big personalities, big dreams, big hearts and sometimes even big hats have made the state famous worldwide. Anyone who lives in Houston has a story about being connected to a community. Taking care of one another is just what you do here. Surety bonds are a way that both the state of Texas and the local ordinance in Houston takes care of businesses, city projects, and its citizens. Though a Houston guardianship bond may not seem important to the state tapestry, this surety bonds and others help Texas keep being Texas.

What Is A Guardianship Bond?

A guardianship bond is a type of probate and fiduciary surety bond required by the state of Texas for anyone seeking to become a guardian. Other types of probate and fiduciary surety bonds include administrator bonds (for those executing a will) and mortgage broker bond (for those handling the sale and mortgage of a property).

A guardianship bond in Houston protects the person(s) deemed incapacitated by the court or otherwise viewed as requiring a guardian. A Houston guardianship bond also protects the person serving as guardian. For instance, should false accusations be made against the guardian the surety bond would be a financial buffer. A person under guardianship can use the surety bond as financial protection, too, should a guardian misuse funds.

Is A Guardianship Bond Always Required in Houston?

Image of the Houston, Texas skyline at nightGuardianship bonds are required by the state of Texas unless local legislation makes other arrangements. Houston guardianship bonds are required for an entity or person wishing to serve as a guardian. Failing to follow surety bond mandates can lead to legal action, fines, fees and other penalties.

The state of Texas and Houston ordinance also both provide an appeal process to request waiving the bond necessity. This takes special care, however, because the state is focused on protecting those under guardianship. In cases where close family is involved or other precautions have been made a court can decide the Houston guardianship bond is unnecessary.

How Can A Surety Bond Expert Help?

Have questions about guardianship bonds in Houston? Speaking with a surety bond expert can help. The surety bond professionals at Jurisco are Texas bond experts who understand what both the city and courts of Houston want to see.

Choosing to work with a surety bond expert means clients receive a low surety bond rate, a fast surety bond process, and the right Houston guardianship bond every time.

Knowing The Writ of Possession Texas Rules

July 22, 2016 by · Leave a Comment 

Understanding the writ of possession Texas requirements is essential before using this type of surety bond. A writ of possession Texas bond is typically used by landlords seeking to regain possession of property. If the surety bond is not filed properly, the court may delay the eviction process which can be costly.

Evictions and Writ of Possession Texas Uses

Texas State Capitol, Austin TXA writ of possession is also known as an attachment bond. The writ of possession Texas bond is a surety that guarantees the full costs and damages associated with the attachment. A landlord seeking to remove a tenant, for example, would have to cover the amount of rent owed among other court expenses.

Texas takes evictions seriously. It isn’t uncommon for cities and counties to offer resources for those facing eviction. The resources include a description of writ of possession. Taylor County’s eviction help and the Austin Tenants’ Council are just two examples of this practice.

When a tenant refuses to comply with the eviction order, a writ of possession is used to give Texas authorities’ the right to give the landlord possession. Not complying with this step can result in higher costs or even further legal hassles should the tenant sue.

Working with Jurisco is the easiest way to know that a writ of possession Texas surety bond is correct and secure.

Speaking with A Surety Bond Expert

Evictions can be a stressful experience. To limit the headaches and cost, a writ of possession Texas bond may just be the answer. Surety bond experts at Jurisco will take the time to answer any questions you may have about the surety bond and necessary steps. Jurisco also provides online bond applications to make sure you can receive the bond you need when you need it.

Contact Jurisco today to discuss writ of possession Texas surety bonds, the application process, and how to limit bond cost.

Texas Release Of Lien Options

February 11, 2016 by · Leave a Comment 

It is important to know what Texas release of lien options are available when dealing with a lien. Texas imposes strict mechanic lien deadlines among other requirements. Making the wrong move is going to come with a cost.

A Texas release of lien bond can remove a mechanics lien.

A Texas release of lien bond can remove a mechanics lien.

One of the best things to do for a Texas lien is to transfer the lien to a surety bond. This is called a release of lien bond. Release of mechanic’s lien is another common term for the bond.

A Texas Release of Lien Bond

A Texas release of lien surety bond may be used for any liens. Whether the lien is on a house from a contractor seeking payment or on a vehicle that wasn’t paid off, a surety bond is accepted by the court to secure payment.

The release of lien bond fully covers the amount being disputed. It is essentially a transfer of a lien on the property to a surety bond. The bond represents the debt owed. Since the surety bond protects the alleged owed-party, Texas courts see a bond as a good measure.

The bond is not an automatic payout to the owed party. A Texas release of lien bond shows the court that there is an intention to handle the disputed funds. It does not take the surety bond as an admittance of wrongdoing. The bond simply proves that the dispute will be handled and that there isn’t a need to involve property.

Texas Transfer of Lien Requirements

Courts and local municipalities deal with liens frequently. Residents in Dallas, San Antonio, Houston, Fort Worth and Austin all have the same ability to secure a lien when they are owed money.

When a lien happens things can spiral quickly. Take the Tex-Mex restaurant chain,  El Chico Restaurants. An error in paperwork resulted in a tax lien on the property. Now there is a back and forth battle trying to clear up the issue. This hasn’t helped their business.

Texas release of lien mandates must be abided by. The Texas Department of Motor Vehicles even has their own set of criteria for removing a lien. Working with a Texas surety bond expert like Jurisco guarantees a thorough knowledge of the subject.

Get A Release Of Lien Today

Need a release of lien right now? Contact Jurisco. A Texas surety bond expert knows which Texas release of lien bond will help. Plus, there is the added benefit of Jurisco offering low surety bond rates.

Appeal Bond Texas Uses

February 3, 2016 by · Leave a Comment 

An appeal bond in Texas is used by a defendant wishing to halt collection of a judgment until after an appeal. This surety bond must comply with appeal bond Texas statute in order to be accepted by the court. Once the appeal bond Texas requirements are met the defendant can seek an appeal without the necessity of automatic payment.

Increasing The Chance To Appeal

Texas courts recognize the rights of both the defendant and the plaintiff to appeal a judgment. There are situations, however, where

A Texas appeal bond stops the payment of money until after the appeal.

A Texas appeal bond stops the payment of money until after the appeal.

the right to appeal is fully protected but the logistics of an appeal is too much to overcome.

A small business who is taken to court over a customer injury may not have the large sum to pay all at once for the judgment. Money will be needed for the appeal. This causes defendants to settle cases instead of appealing them. Courts throughout Texas including Houston, San Antonio, Dallas, Austin, and Fort Worth deal with this on the small and large scale.

One way to overcome this hurdle is an appeal bond. The appeal bond Texas statute serves as a way for a defendant to show the court good faith. Faith that means the plaintiff will receive payment.

Cost Effective Court Bonds

The amount of a Texas appeal bond is based on the judgment value. Instead of paying the total judgment, the defendant only pays to cover a percentage of what is owed.

Working with a surety bond expert at Jurisco keeps appeal bond Texas rates low. Since they understand all the appeal bond Texas requirements they can secure the best bond at the best rate.

Securing an appeal bond is easier than paying the judgment immediately, appealing, and then having to go back to court to recover the paid judgment. Defendants who believe their appeal will be accepted have strong motive to use an appeal bond in Texas.

Dealing With Texas Surety Bond Experts

Appeal bonds are used throughout the country. As a nationwide surety bond company, Jurisco handles appeal bonds in every state. The bond experts know how to handle a Texas surety bond.

The lawyer trained staff at Jurisco knows all the appeal bond Texas ins and outs. When a defendant needs an appeal bond fast they call Jurisco. Being able to secure the appeal bond the same day is a big service to defendants who are facing a money judgment.

Releasing A Mechanic Lien Texas Bond

December 21, 2015 by · Leave a Comment 

A mechanic lien Texas situation may arise from a contractor not being paid for services. To recover the money they feel they are owed they will put a lien on property.

A release mechanic lien texas bond can remove a lien against real property.

A release mechanic lien texas bond can remove a lien against real property.

Having a lien placed on property can cause several problems if not addressed right away. Houses can be foreclosed on, automobiles can be repossessed, and other items may be seized by Texas law enforcement.

Removing A Lien

To release a mechanic lien a surety bond must be secured to cover the amount in question.

A mechanic lien Texas surety will financially cover the amount of money claimed to be owed by the defendant. This takes the property and other items off the table to be held responsible for the owed payment.

Using a surety bond to release a Texas mechanic lien is one of the most efficient ways to handle a lien. Knowing the limits of a mechanic lien Texas bond helps clear up the issue without adding more trouble to the mix.

Texas courts accept the release of mechanics lien bond as a way to prove that the matter will be resolved without further financial loss.

Who Can Request A Mechanic’s Lien?

Contractors are known to place liens on property but it is important to remember that people working for the contractor can also request a lien. Ultimately, it is the client’s responsibility to make sure people are paid for the work.

They give the money to the contractor with the understanding that this money will be used to pay for work. If a subcontractor or employee is not paid then they can seek the money from the client.

Having a contractor and subcontractors sign a lien waiver before work begins is a good way to protect against needing a bond.

A Surety Bond Quickly

Let Jurisco assist you with all your mechanic lien Texas requirements, questions and concerns. Don’t waste time and be unprotected.

Jurisco knows exactly what is mandated for a mechanic lien Texas bond. The staff meets your needs quickly delivering a solid, secure mechanic lien Texas surety bond.

Writ of Possession Texas Bond

December 1, 2015 by · Leave a Comment 

With factors driving more people to rent than buy, the renters market is getting more competitive and more expensive. Landlords in Texas, as in other states, are having to deal with a very negative side of this exchange: evictions. This is why a writ of possession Texas surety bond is becoming very familiar to both landlords and tenants.

Renters in Dallas, Texas are spending more on rent.

Renters in Dallas, Texas are spending more on rent.

Rent Increase In Texas

According to a story on Market Place, the economy’s inflation is having a steady impact on how much income a renter spends on their rent. Rents in Dallas, Houston, and Austin, Texas are higher by over 5 percent since the past year which is more than the national average of 3 percent.

Putting that in perspective, a renter in Dallas is believed to spend at least 30 percent of their income on monthly rent.

The increase in rent is only one cause of evictions.

Job loss, health issues, and unexpected expenses take their toll on an individual or family budget. This means people have to move somewhere near their new job, closer to a better school, or a place that makes paying the rest of their bills affordable.

Bond Protection For Landlords And Tenants

Landlords have always had to remove some tenants who failed to pay or keep up property. Evictions in Texas isn’t a new thing by any means nor is a writ of possession Texas bond.

It’s a standard eviction process in Texas but as more attention is being paid to the general rise in cost-of-living and eviction rates it becomes more imperative for landlords to protect themselves and their tenants.

A writ of possession Texas surety bond provides that protection.

When a landlord seeks to take possession of the property and remove the Tenant, the state of Texas requires a writ of possession bond – this is also known as a replevin bond or claim and delivery bond. The surety bond must be secured by the Texas landlord if they wish these actions to occur before a court makes a final judgement in the eviction hearing.

The writ of possession Texas bond guarantees that if the repossession and removal are later deemed wrong by the court that the tenants will be able to collect damages. A Texas tenant’s right to be protected is always in play.
Make the right move as a landlord and let Jurisco secure a writ of possession Texas bond before moving forward. Jurisco provides same day surety bond services and the lawyer-trained staff understand all writ of possession Texas requirements that a landlord must abide by before removing a tenant.

License and permit bonds in Texas

February 29, 2012 by · Leave a Comment 

License and permit bonds in TexasLicense and permit bonds in Texas cover a range of activity including selling airline tickets, facilitating the purchase of a yacht and handling the mortgage of a home. Today, Jurisco’s surety bond blog reviews three common types of license and permit bonds in Texas: mobile home installer/dealer bond, title agency surety and fidelity bond, and the airline reporting commission/seller of travel bond.

Mobile Home Installer/Dealer Bond

Texas requires mobile home installers and dealers to guarantee the installation of mobile home with a surety bond. A mobile home installer/dealer bond protects the buyer from being misled or having their funds misused. This surety bond is also an assurance that the work is completed and done correctly and that the buyer is protected in the event it is not.

Title Agency Surety and Fidelity Bond

A couple closing on a house is excited about owning their first home. They have the monthly payments all planned out and even found the right homeowners insurance policy. All that’s left is to pay the closing cost and transfer the title. They don’t expect the title company to misuse or steal the funds and without a surety bond protecting them they face a financial risk. Texas courts require a title agency surety and fidelity bond guaranteeing the title company will not mishandle funds associated with the closing of real estate.

Depending on the situation, Texas may require a title agency surety and a fidelity bond, or one or the other. If you are unsure of your requirements, contact Jurisco to speak to a surety bond expert directly. The cost of a title agency surety and fidelity bond depends on the amount of closing costs.

Airline Reporting Commission/Seller of Travel

Travel agents in Houston, Dallas and Fort Worth are required to have an airline reporting commission bond (also known as a seller of travel bond) to show compliance with their licensing statue. Texas requires the travel agent to comply with all licensing statutes and the Federal Aviation Administration. Without this bond, the agency is in violation of licensing statute, which could lead to fines, or loss of licenses.

As always, if you have a question about any of these licenses and permit bonds, or any other type of surety bond, Jurisco is here to answer your questions. Complying with license and permit requirements is imperative for every Texas business. To avoid hassles over compliance, let Jurisco assist you with all your surety bonding needs.

Mortgage Broker Bond in Texas

January 25, 2012 by · Leave a Comment 

Mortgage Broker BondThe Real Estate market has seen better days, but being a mortgage broker is still a high demand responsibility. A Texas mortgage broker works with the borrower/homeowner to negotiate a mortgage with the bank or mortgage lender. In order to work as a mortgage broker in Dallas, Houston or any other Texas city, the broker must have a mortgage broker bond per Texas statute.

The mortgage broker is a “middleman” position, but can help people avoid getting bum mortgage deals such as subprime loan that will cause drastic increases in monthly payments. Any licensed broker operating in Texas must have a surety bond guaranteeing his or her compliance with state regulations. The Texas Department of Savings and Mortgage Lending and the Office of the Consumer Credit Commissioner, both located in Austin, Texas, are the regulating agencies overseeing the mortgage industry and its surety bond requirements.

A Texas mortgage broker license is for an individual and for the company the individual represents. The bonding process is the same way. A mortgage bonding company is mandated to having a Texas mortgage broker bond, as are its individual employees. The bonds protect the borrower/homeowner in the event the mortgage broker handles the situation poorly resulting in a financial loss.

Mortgage brokers operating without their mortgage broker bond may be violating state law. Texas mortgage brokers are encouraged to contact Jurisco to discuss their mortgage broker needs to avoid a disruption in business and to better understand Texas mortgage broker bond requirements.

 
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