SURETY SOLUTIONS BLOG

What Is The Difference Between A Judicial Bond And A Probate Bond?

By James Fleming on Mar 23, 2017 10:05:00 AM in

Court Bonds

    Do you need a Judicial Bond or a Probate Bond? Both bonds protect individuals who are involved in legal proceedings, and both can be ordered by the courts.   Aside from those general similarities, Judicial and Probate Bonds are quite different. Here's how to tell which one you need.  ...

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What Is A Judicial Bond?

By James Fleming on Mar 22, 2017 8:58:00 AM in

Court Bonds

    When you're involved in court proceedings, do you need a Judicial Bond? Surety bonds are designed to safeguard the interests of those who could be impacted if you fail to follow through on your obligations.   When you're involved in a court case, you have a number of obligations to others ...

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How Is A Personal Representative Bond Different Than A Probate Bond?

By James Fleming on Mar 21, 2017 6:12:00 PM in

Court Bonds

  When you are appointed as the administrator or executor of an estate, you take on a large responsibility. One of the things that you need to do is to show that you are reliable and capable of administering the estate on behalf of others. You might be confused on if you need a Personal ...

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What Is An Attachment Surety Bond

By Rick Marsland on Mar 21, 2017 8:07:00 AM in

Court Bonds

  Attachments are used in court cases between a debtor (defendant) and a creditor (plaintiff). When a creditor is owed money, he/she might ask that the court have a sheriff seize the debtor’s property to satisfy payment of a judgement.   You can learn more about Attachments....

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What You Need To Know About Administrator Bonds

By Rick Marsland on Mar 14, 2017 2:22:00 PM in

Court Bonds

  What is an Administrator?   An Administrator is a person appointed by a probate court when an individual dies leaving an estate but no will. An Administrator is appointed to oversee the deceased’s assets. This includes paying off the deceased’s creditors and taxes, as well as distributing the ...

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Replevin Bonds: What Do They Look Like In The Real World?

By Rick Marsland on Mar 14, 2017 8:07:00 AM in

Court Bonds

  What does Replevin Mean?   Replevin is a type of lawsuit in which an individual (a plaintiff) can retrieve articles of personal property that were wrongfully taken or detained by a defendant.   Unlike other forms of legal recovery, Replevin seeks the return of the actual article of personal ...

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What Is A Fiduciary Bond? All You Need To Know

By Crystal Ignatowski on Mar 1, 2017 8:17:00 AM in

Court Bonds

To understand Fiduciary Bonds, it is important to understand what, or who rather, a fiduciary is, plus understand what roles and responsibilities are required to serve as a fiduciary.    Who is a Fiduciary? A fiduciary is an individual who is granted power over another person’s interests or assets. ...

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What Is A Court Bond & How To Get One

By Crystal Ignatowski on Feb 24, 2017 5:51:00 AM in

Court Bonds

  There are many different types of court bonds, all serving different purposes. Understanding the differences in court bonds can ensure you  are getting the right court bond for your specific needs....

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What Is A Cost Bond?

By Crystal Ignatowski on Feb 16, 2017 6:15:00 AM in

Court Bonds

  What is a Cost Bond?   A Cost Bond is a type of surety bond that guarantees payment of court expenses. Usually Cost Bonds are required by plaintiffs who file action within a state that they do not live in, though some states may require a cost bond for state residents as well....

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What Is A Discharge Of Mechanic's Lien Bond?

By Crystal Ignatowski on Feb 6, 2017 4:56:00 PM in

Court Bonds

  Mechanic’s liens, despite their name, are not typically used by mechanics. Instead, they are used primarily by builders, contractors, subcontractors and suppliers. Builders, contractors, and suppliers can use mechanic’s liens as a method to ensure they get paid for their services and materials.   ...

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