Attorney Retainer Letters

by Joshua Malone

An attorney retainer letter diminishes some of the risk of fiduciary and probate bonds. The letter states the principal on the bond – the administrator, executor, or guardian – will keep their attorney involved throughout the entire duration of the principal’s appointment. Sureties prefer to maintain the attorney’s involvement during these appointments because attorneys have […]

Receiver Bond

by Joshua Malone

In business litigation proceedings involving foreclosures, a Plaintiff, often a bank or mortgage lender, requests the court to appoint a receiver for their benefit. The receiver has the job of managing real property after the loan’s principal has defaulted. Most often, the court appoints a neutral third party, usually a prominent attorney, as the receiver. […]

License and Permit Bonds – Process Server

by Joshua Malone

Governmental entities throughout the country require license and permit bonds for certain professions and commercial activities. Generally, these bonds ensure an applicant will perform the activity or work in accordance with the laws, rules, and regulations required by the governmental entity. Thus, underwriters who issue these bonds must become familiar with those laws, rules, and […]