Take Appeal & Supersedeas Bonds Into Account At Start of Cases
When attorneys start thinking about a pending legal case, they’re usually thinking about the evidence they have on their side, legal precedent, or the credibility of their witnesses. It’s pretty safe to say they’re not…
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Closing the Estate & Estate Surety Bonds in New Jersey
Administrators of intestate estates or executors under a will are required, pursuant to N.J.S.A. 3B:10-23, to settle and distribute an estate “as expeditiously and efficiently as is consistent with the best interest of the estate.”…
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What is a License & Permit Surety Bond?
License and permit surety bonds are a specific type of surety bond required by federal, state, and local government agencies to ensure that a business stays in compliance with all applicable laws and regulations. Sometimes called…
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As the Economy Grows, More License & Permit Surety Bonds Needed
Non-farm employment rose by 312,000 in December 2018 with job gains occurring in health care, food services, construction, manufacturing, and retail, according to the U.S. Bureau of Labor Statistics. With more people employed, it means…
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Federal Rules of Civil Procedure Now Allow 30 Days for Appeal Bond
Effective December 1, 2018, several changes to the Federal Rules of Civil Procedure were enacted, including rules mandating electronic service and filing for persons represented by counsel, establishing a national signature standard for electronic filing…
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What is a Surety Company?
Surety bonds are either written by individual surety companies or subsidiaries or divisions of larger insurance companies engaged in the business of acting as a surety. These companies are authorized to do business by the state…
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Collateral Security: The Surety’s Power
The indemnity agreement is the foundation of the surety bond. It’s what separates surety from insurance: the agreement functions as a mechanism to have the principal repay the surety for any claims paid out to…
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Florida Probate Court Personal Representative Bond Requirements
Here’s something you probably didn’t know: when you’re named as a personal representative in a Probate Court case in Florida, the court requires you to purchase an estate bond to protect interested persons in the…
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What is a Surety Bond?
Click here to get a Surety Bond A surety bond may be required for a range of activities including gaining a contractor’s license to appealing a court case to obtaining a mortgage broker license. But…
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