SURETY SOLUTIONS BLOG

What Is A Bail Bond & How Do They Work?

By Crystal Ignatowski on May 16, 2018 8:34:00 AM 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, until the judge decides to let them go on their own ...

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Everything You Need To Know About Conservatorship Bonds

By Crystal Ignatowski on May 14, 2018 8:41:00 AM in

Court Bonds

  When an individual cannot manage their financial affairs, a Conservator might be appointed. A Conservator is a court-appointed fiduciary who takes care of real estate, manages bank accounts, and handles investments for an individual who can no longer manage those on his/her own. To ensure a ...

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What Is A Fiduciary Bond? All You Need To Know

By Crystal Ignatowski on May 14, 2018 8:17:00 AM in

Court Bonds

To understand Fiduciary Bonds, it is important to understand what, or who rather, a fiduciary is.    ...

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What Is A Probate Bond?

By Crystal Ignatowski on May 14, 2018 8:16:00 AM in

Court Bonds

  What is Probate? The term probate refers to a legal process that governs the distribution of a person’s assets upon their death. The probate process includes: Finding the will and giving it to the probate court Assembling all of the deceased’s propertty Having the deceased’s property appraised ...

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Montana Viatical Settlement Provider License and Bond Explained

By Crystal Ignatowski on Nov 30, 2017 10:44:00 AM in

Court Bonds

  Viatical settlements have been around since 1911, but they were rare until the late 1980’s when the AIDS epidemic peaked. While not all states regulate viatical settlements, Montana is a state that does. In Montana, viatical settlements are allowed and remain a valuable tool for financial ...

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What Are Rate Refunding Bonds?

By Rick Marsland on Nov 30, 2017 9:50:00 AM in

Court Bonds

  What is a Rate Refunding Bond?   A Rate Refunding Bond is a type of surety bond used by utility companies that are planning on increasing their rates. Most of the time, utility companies need to get approval from the public in order to increase their rates. Sometimes, it is possible for a company ...

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Probate Bond: You Don't Get The Money Back

By Crystal Ignatowski on Nov 7, 2017 1:25:04 PM in

Court Bonds

  After seeing a recent article titled about getting money back for a Probate Bond we wanted to clear the air. Here’s the truth: if you purchase a Probate Bond, you do not get that money back. Ever. Here’s why.  ...

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

By James Fleming on Jul 3, 2017 9:19:00 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 Writ of Certiorari Bond?

By Rick Marsland on Jun 30, 2017 1:35:00 PM in

Court Bonds

  What is a Writ of Certiorari? A writ of certiorari is a way to have a higher court review the outcome of a lower court's proceedings. The word 'certioari' means "to be more fully informed". In this sense, a writ of cetiorari orders a lower court to deliver its record in a case so the higher court ...

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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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