A common type of surety bond in Massachusetts is a personal representative bond. One of the required surety bonds by the state, a personal representative bond (also known as an administrator or executor bond) is required for anyone overseeing the handling of another estate. What Is A Personal Representative? When a person dies in the […]
When establishing a trust one of the issues that must be dealt with is a trustee surety bond. Having a surety bond in place is always recommended as a safeguard to ensure that the trust is handled appropriately and follows the wishes of the person/business setting up the trust in the first place. What Point […]
One of the risks all businesses face is facing a lawsuit that could harm their ability to operate. Bars and nightclubs and New York deal with lawsuits not only as a risk but essentially an inevitably if they operate long enough. These lawsuits can come with a hefty price. A recourse a business may have […]
The judicial action of attachment may not always be the most desirable course but sometimes it’s what it takes to achieve the wanted end result. In former years the courts were more lax about attachment proceedings. After years of wrongful seizure of property the courts now hold the action to a higher standing and expect […]
A person entrusted to be a guardian of an individual has to accept a great deal of responsibility. The courts in every state expects that the guardian act in a lawful manner and steer the minor’s estate on the right course. To help protect the interest of the person under guardianship the court requires that […]
Once a money judgement has been made against a defendant there are three possible moves to make: 1) accept the ruling and pay the judgement, 2) appeal the ruling and pay the judgement, or 3) appeal the ruling and stay the judgement using a Stay Bond until the appeal process is finished. Staying the judgement […]
To collect on a debt a debtor’s wages can be garnished in the state of California. This can happen in a range of cases including past due utility bills to civil suits over broken contracts. It is common for landlords to garnish a tenant’s accounts to collect back rent. The courts are accepting of the […]
A lot can go wrong when a person entrust their money to a licensed broker. People counting on their life savings and retirement plan tend to be unhappy when things go south in the financial market. Whether it is losing thousands to stocks or watching property investments turn sour losing money is a bitter pill […]
One of the aims of the court in Oregon is to protect the vulnerable. When the situation arises that a minor needs to be looked after the court will step in to ensure things are handled properly. If an estate is involved they may go as far as to require a curator bond to protect […]