SURETY SOLUTIONS BLOG

Don't know where to start? Start here: "What Is A Surety Bond?"  

 

How Do Condemnation Bonds Work?

By Crystal Ignatowski on Jun 19, 2017 10:40:00 AM in

Court Bonds

What is Condemnation of Property?   Condemnation is the process where private property is taken for public use. Condemnation can often be confused or interchanged with the term eminent domain, but this is incorrect. Eminent domain is defined as the power of the government to take private property ...

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What Is An Executor Bond?

By James Fleming on Jun 19, 2017 8:11:00 AM in

Court Bonds

  An Executor is named in the last will and testament of a decedent. If an Executor is not named, the court will appoint an Administrator with will annexed.    To ensure an Executor carries out their duties, the court might require the Executor to get bonded with an Executor Bond. If the will ...

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Three Facts To Know About Court Bonds

By Duke Revard on Jun 2, 2017 10:43:00 AM in

Court Bonds

The bonding process helps society run more smoothly. Bonds help ensure that managers complete projects and that businesses operate ethically.   In the case of a court bond, the bonding process is designed to ensure that you will fulfill your legal responsibilities.   If you need a court bond, here ...

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Joint And Several Liability: What You Need To Know

By Crystal Ignatowski on May 31, 2017 1:19:00 PM in

Court Bonds

  What is Joint and Several Liability?   To be held jointly (combined) and severally (separately) liable is often seen in civil cases where two or more people are found liable for damages. When a group of people are held jointly and severally liable, the winning plaintiff may: Collect the entire ...

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Washington Personal Representative - What You Need To Know

By Crystal Ignatowski on May 30, 2017 9:01:00 AM in

Court Bonds

  A personal representative is a person placed in charge of administering an estate after a death. Being a personal representative can be fulfilling and even pay well, but without proper knowledge and preparation, it can be a daunting job.   Anyone can be a personal representative, but there are ...

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How Does A Stay Of Execution Bond Work?

By Rick Marsland on May 17, 2017 3:11:00 PM in

Court Bonds

  A stay of execution is a court order that temporarily suspends the execution of  a court judgement. The word "execution" does not necessarily mean the death penalty. It could just mean a court order. A stay of execution can be granted automatically by the law or conventionally by choice.  Stays ...

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What Is A Release Attachment Bond?

By Rick Marsland on May 8, 2017 8:40:00 AM in

Court Bonds

  What is a Release Attachment Bond?   A Release Attachment Bond (also known as a Discharge Attachment Bond) is a type of surety bond used in court cases to counter an Attachment Bond. An Attachment is the legal seizure of a property. Therefore, a Release Attachment is an order to discharge an ...

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What Is A Bail Bond & How Do They Work?

By Crystal Ignatowski on May 2, 2017 1:23:00 PM in

Court Bonds

  We’ve all heard on the news, “So-and-so has been released on $50,000 bail.” But what does this really mean? What is a bail? How does it differ from a Bail Bond? When someone is arrested for a crime, they are held in jail until their court date or until they are released on bail. ...

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What Happens If I Don't Have A Probate Bond?

By Duke Revard on Apr 27, 2017 9:13:00 AM in

Court Bonds

  If you're a guardian, executor, or trustee for an estate, you need to show that you can manage the estate responsibly. This is why you need a Probate Bond. A probate bond is a type of court bond that ensures the wishes of a deceased person are carried out ethically and honestly. If an error does ...

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What Is An Administrator Bond?

By James Fleming on Apr 26, 2017 2:15:00 PM in

Court Bonds

  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.   Managing an estate is hard, detail-oriented work. When you're managing an estate on behalf of someone else, you need ...

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