Surety bond insurance helps in a variety of ways. First, a surety bond protects the interest of all parties and is recognized in courts as a secure measure to meet requirements. For instance, an individual who wishes to appeal the court’s decision and not pay a money judgment until then must provide the court with […]
The right surety agent will always take the time to answer questions about the bond process. When considering which professional surety bond company to hire think about the following three questions and what their answers reveal. Talking About Surety Bonds You expect a baseball player to know baseball. A surety agent should know surety bonds. […]
Professional surety does not happen when you work with just any surety bond company. Choosing the right surety bond professional can make all the difference. What To Look For In A Surety Bond Company The first thing to consider when reviewing professional surety options is figuring out if the company can do what it is […]
A personal bond is a way a defendant in a criminal case can be released on their own personal recognizance without needing to post bail. Court Holds Defendant Responsible For Bond The dangers of using a personal bond instead of posting bail is that the individual is held responsible for the full amount of bail should […]
A notary surety bond legally binds the notary to perform in an above the board manner. Any wrongful actions or mishandling of accounts, such as not securing the correct surety bond, can be cause for a state to take legal action against a notary. A notary has the legal responsibility to abide by all local […]
When a lien is placed on property it can cause big problems. A release of lien bond takes the place of the lien which can help you sidestep a bad experience. Without a release of lien bond you run several risks including: property being seized for payment the fallout of having real property sold at auction […]
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 […]
Understanding how does a surety bond work helps both lawyers working with clients and businesses wishing to meet state expectations. A surety bond works as a type of insurance that protects against loss due to wrongful action or distrustful behavior. Usually, a surety bond is required to provide a sort of barrier between financial loss […]
A common surety bond question is, what is a deed of reconveyance and do I need one? In short, a deed of reconveyance is what a person who pays off a mortgage must receive from the lender (mortgage holder) to prove final payment was made. A more detailed answer to what is a deed of […]