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Court Bond Information
JUDICIAL COURT BONDS
Filed by litigants in court actions to permit them to pursue remedies at law.
Separated into two groups: Plaintiffs and Defendants
Defendant bonds are generally written with collateral
Court bonds cannot be cancelled
FIDUCIARY COURT BONDS
Required of a person appointed by court to handle the affairs of those who are unable to manage their own affairs.
Administrator/executor handles assets/debts of a deceased estate
Guardian or conservator handles the affairs of a minor or incompetent adult
The receiver or trustee is appointed by court for those in financial difficulties or legally bankrupt
Get All Types of Courts’ Bonds
One underrepresented part of taking legal action or being involved in litigation is getting courts’ bonds. Courts in the US facilitate and maintain legal procedure, which can include having trials but also means mandating tasks, following up on court rulings, and gathering objective insight into a legal matter. This often requires people to get bonds to protect them from great financial loss.
You may need a fiduciary and probate bond or a judicial bond, depending on your case. Judicial bonds like bail bonds, attachment bonds, or appeal bonds ensure that defendants aren’t going to escape the court’s jurisdiction or waste resources filing baseless appeals.
A fiduciary bond is more similar to other kinds of professional and commercial bonds, as it ensures that an executor or custodian of an estate fulfills their responsibilities as per the law and safeguards the interests of the individual they are obliged to protect.
Just like anything else court-related, courts’ bonds can be hard to get, but with our team on the task, your court bonds can be processed in no time.