Category: Surety Bonds

For the majority of California residents, a Surety bond can be used to guarantee compliance, payment, or performance of an act or service. It is a legally binding contract between three parties: The Principal: The […]

Learn the important differences between a Surety and a guarantee to make sure you’re informed. This way you can have peace of mind that you’re making the correct decision for which is most applicable to […]

A Surety bond in Los Angeles is a legally binding contract between three parties – the Principal, the Obligee, and the Surety. It guarantees that the Principal will perform a duty or contract. The Principal […]

Were you involved in a civil case and the judgment was in the opposing party’s favor? Do you plan to appeal against the judgment in a higher court? You may be required to obtain an […]

A Surety bond guarantees payment or completion of a task by the holder. It is a legally binding contract between three parties: • The Principal: The party that purchases the bond. • The Obligee: The […]

There are situations when a principal after securing a surety bond in Los Angeles may find out that they no longer need it. Many principals wonder if their surety bond can be refunded in these […]

A surety bond guarantees payment to the buyer’s client in case they fail to meet their obligations and the client suffers a loss. An Introduction to Surety Bonds A surety bond is an agreement between […]

In Florida, a Surety bond assures the purchaser’s customers that the Guarantor will meet financial obligations if the contracted party fails to keep their end of the bargain. There are many benefits to Surety bonds. […]

An ERISA bond (or ERISA fidelity bond) is a type of surety bond that protects employee benefit plan beneficiaries. Its purpose is to ensure that beneficiaries receive compensation for financial loss if the fiduciary commits […]