Administrator Bond in Illinois are written to protect beneficiaries and creditors of an estate . The fiduciary is mandated by the State and local ordinances often add on to those requirements laid out there-in. Making an administrator bond necessary for personal representatives affects all types of estates whether they are in the big city of […]
A surety bond save Ohio company million dollar($1.2) after a business it was working with declared bankruptcy. United Architectural Metals (UAM) was able to recover the $1.2 million owed by Trainor Glass Company because Trainor used a surety bond. By using a surety to protect the company’s assets, Trainor was able to properly settle their […]
A personal representative bond in Michigan carries a lot of weight with a minimal cost. Think of it as the surety bond that treads lightly but carries a big stick. Personal representative bonds protect the deceased’s assets and heirs fully. Should the administrator misuse funds or cause damage to the estate, the personal representative bond […]
A Personal Representative Bond in California is required to protect the interest of the deceased’s estate, its heirs and those parties who are owed money. The responsibility of a personal representative (commonly referred to as an administrator or executor in California) is taken seriously by the courts. Courts mandate the surety bond as a form […]
A Replevin Bond in Idaho is one of the most common types of surety bonds used by plaintiffs in court cases. Before moving forward in the bond process it’s important to know when replevin actions can be taken and why. Today, our surety bond blog discusses Replevin Bond in Idaho, their requirements, associated costs, and […]
An Appeal Bond in Mississippi, like other types of surety bonds, is part of the pre-trial planning. Attorneys know that planning for an appeal bond doesn’t happen the day of the verdict, but weeks, if not months, beforehand. When presenting a case, the plaintiff and defendant can only do so much. The final judgment rests […]
Lis Pendens Bond in Delaware affects all types of property, even those in foreclosure proceedings. The amount of houses affected by lis pendens has grown so much that ForeclosureData.com has a page dedicated solely to lis pendens listings in Delaware. So why and how does lis pendens affect the sale of a property? Today that’s […]
A Replevin Bond in California may be the only legal action available to a plaintiff in order to levy property before a judgment is made. In order to take this action, California state law requires a plaintiff secure a replevin bond to cover the value of the property, as well as court costs. This surety […]
A supersedeas bond in Texas covers the cost of a money judgment and court fees, in order to stay a judgment during an appeal process. Without using a surety bond, a defendant is required to immediately settle the judgment with the plaintiff. Clients may be hopeful that they will not need the appeal process, some […]