Happy Thanksgiving

by Joshua Malone

Offenhartz & Pedersen, LTD. would like to wish you and your family a healthy and happy Thanksgiving weekend! Thanksgiving is a time for gratitude, and we would like to thank our business partners, clients, and colleagues for a great year of service and their tireless efforts. Remember – we are available over the Thanksgiving holiday […]

Court Bond Documents Required for Applicants

by Joshua Malone

When a bond applicant submits an application, the applicant must also submit relevant court papers for most of the bonds we issue. The court documents are a necessary part of the underwriting process. Underwriters and producers need to fully examine and understand the extent of the obligation. This includes knowing the identity of the obligee, […]

Discharge of Mechanic’s Lien Bond

by Joshua Malone

What is a discharge of mechanic’s lien bond? Simply put, it is a bond to validate the delay of payment for work performed on a piece of property. Contractors, subcontractors, and suppliers file liens against property they have worked on if they have not received due payment. The contractor files the lien with the county […]