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 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 Attachment Bond in California is required for plaintiff’s seeking to attachment personal property before a judgment is made. The surety bond covers damages and the full cost of the attachment to protect the defendant from a financial loss. Requirements for bonding vary by California district; meaning Los Angeles may impose a higher bond amount […]
The ripple effects of the Great Recession remain with high rates of unemployment, foreclosures and businesses closing in California. When businesses decline, their bills start going unpaid. One of those bills left unpaid may be the rent on commercial property. Like tenants in an apartment complex, the proprietor can evict a business for unpaid rents. […]
Bank of American agreed to pay $187.5M to settle charges in California claiming the bank mishandled bond payments and retained bondholder payments from 1978 to 1995 that should have been returned. California Trustee bond played a role in that decision in that they are surety bonds protecting the trust from any losses sustained by the […]
As part of the series to explain how surety bonds work in different states, today we look at Release of Lis Pendens bonds in California. Florida is the “Sunshine State” but you’d be hard pressed to find a sunless day in California. Fortunately, the sunny disposition in California allows an easy process to file a […]
Selecting the right surety bond provider is crucial for ensuring that your financial and contractual obligations are met with efficiency and reliability. Jurisco, a nationwide provider of surety bond services, stands out as a leader in the industry. This blog explores the top reasons why Jurisco should be your go-to choice for all your surety […]
Obtaining a surety bond can often seem like a daunting and complex task. However, with the right guidance and support, this process can be straightforward and efficient. Jurisco, a nationwide provider of surety bond services, has built a reputation for simplifying the surety bond process, making it accessible and hassle-free for clients across the country. […]
In the world of legal and business transactions, surety bonds play a critical role. Whether you're a contractor, a business owner, or involved in a court case, understanding the cost of surety bonds is vital. In this blog, we will explore the various types of surety bonds, how their costs are calculated, state-specific considerations, and […]