Executors in New York Surrogate’s Court May Need Surety Bonds
In New York Surrogate’s Court, it’s not uncommon for boilerplate language to be written into a will that waives the requirement for an Executor to have to purchase an estate surety bond to protect the…
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Charter School Surety Bonds
School choice is becoming a very polarizing issue in America. While many still endorse funding public schools only, charter schools are becoming more popular in cities like New Orleans, Louisiana and Newark, New Jersey. Oftentimes,…
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Guidelines for Executors
When you’re named the executor of a will, you have to manage the affairs and settling of an estate. You have to initiate court procedures and help pay off creditors using the deceased’s assets. So…
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Appeal or Supersedeas Bonds Necessary to Stay Judgments
One of the chief benefits of appealing a judgment is that the appeal may stay your judgment until the appeal is decided upon. But did you know that the initial judgment is subject to collection…
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How to Perfect the Appeal in New York Courts
After filing the Notice of Appeal and purchasing an appeal or supersedeas surety bond, it’s time to perfect the appeal in New York Courts. But how exactly do you do that? It’s a complicated process….
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How to File an Appeal in New York Courts
Losing parties in trial courts are entitled to appeals in New York courts. But how exactly do you go about appealing your case? You have to start with a notice of appeal. This written paper…
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Surety vs. Insurance in Contract Surety
Surety bonds and insurance may seem similar and come from similar companies, but they are not the same thing, especially in contract surety. With Colonial Surety, contractors are essentially able to establish a line of…
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Pre-Bid Due Diligence is a Key for Contractors
Evaluating subcontractors and material distributors in a construction project while having clear, quality contracts can be the difference between making profits or suffering a loss. That’s why it’s so important for contractors to do due…
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New Union City Construction Bonding Rules In Place
Union City, New Jersey has enacted a new resolution at its recent Board of Commissioners meeting, changing the type of bonds issued by the city to construction companies. The city is now requiring performance bonds;…
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