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Recent Surety Bond questions

I am looking at various ways to secure a loan. Someone has

I am looking at various ways to secure a loan. Someone has approached me with an option of a 'surety bond.' Not really knowing what a surety bond is, I got to thinking that I could buy insurance that could offset some of the risk a potential investor might take on.For example, if an investor is worried about me going out of business for certain main reasons, including loss of business due to loss of key employee or some other major issue, is there insurance that count be purchased that could essentially act to offset limited collateral.

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RayAnswers

Lawyer

Doctoral Degree

39,100 satisfied customers
Continuing on the same case, I served subpoenas on the

Continuing on the same case, I served subpoenas on the Surety Bond company (I had one claim paid) and the Notary who wrongly denied having notarized a stock purchase agreement (through results of other subpoenas served on banks, telephone company, and airline have thoroughly established Notary's fraud) with the surety company objecting and notary failing to produce. A continued hearing is scheduled for Aug 19, 2016 on my Motion to Strike Pleadings for Fraud upon the Court which I believe will be successful. At time of that hearing and prior to, I would like to file a Motion for Continuance to allow for time to file a Motion to Compel and get the discovery on those two subpoenas. I have significant evidence of surety company bad faith and misconduct and the Notary, as officer of the state is subject to Public Records Act. My question revolves around is a motion for continuance discovery a request that is normally approved by Florida courts, are there any general landmines or common mistakes to be aware of, and would such filing require the Motion(s) to Compel be attached to the Motion For Continuance?

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

112,874 satisfied customers
We run a small plumbing business. Our techs are background

We run a small plumbing business. Our techs are background checked and drug tested. We have just been accused of "missing jewelry". How do I handle this?

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LawTalk

Attorney at Law

Juris Doctor

35,212 satisfied customers
Please review the attached Broker/Agent agreement. I am the

Please review the attached Broker/Agent agreement. I am the Agent.Are there any "glaring" exposures in this?FYI, Broker is in CA and I am in GA.ThxKenny

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38,838 satisfied customers
Bought used car. Says as is but severely damage and believe

Bought used car. Says as is but severely damage and believe it to be a flood vehicle. I want to make a claim on thier surety bond but no one will tell me who the surety bond company is for A&b luxury motors at 2950 Buford Hwy in Buford ga 30518. I've triedseveral agencies. And I know the company will not tell me.

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Law Educator, Esq.

Attorney At Law

Doctoral Degree

112,874 satisfied customers
I am looking list of surety bond providers in Utah

https://www.utcourts.gov/resources/rules/urcp/urcp062.html I am looking for a list of surety bond providers in Utah for this section: (i) Form of supersedeas bond; deposit in lieu of bond; waiver of bond; jurisdiction over sureties to be set forth in undertaking.(i)(1) A supersedeas bond given under Subdivision (d) may be either a commercial bond having a surety authorized to transact insurance business under Title 31A, or a personal bond having one or more sureties who are residents of Utah having a collective networth of at least twice the amount of the bond, exclusive of property exempt from execution. Sureties on personal bonds shall make and file an affidavit setting forth in reasonable detail the assets and liabilities of the surety. "(i)(2) Upon motion and goodcause shown, the court may permit a deposit of money in court or other security to be given in lieu of giving a supersedeas bond under Subdivision (d). (i)(3) The parties may by written stipulation waive the requirement of giving a supersedeas bond under Subdivision(d) or agree to an alternate form of security. (i)(4) A supersedeas bond given pursuant to Subdivision (d) shall provide that each surety submits to the jurisdiction of the court and irrevocably appoints the clerk of the court as the surety's agent upon whomany papers affecting the surety's liability on the bond may be served, and that the surety's liability may be enforced on motion and upon such notice as the court may require without the necessity of an independent action." ============================ I needto appeal a small claims $5,000 judgment. The statute says I need to provide a bond to stay the judgment. It also says no bond is required for punitive damages. I only owe $1,000 in non-punitive damages. three questions: 1. Where is a good website to get alist of commercial bond providers for this type of transaction? 2. What should a person with poor credit expect to pay for this type of bond? 3. Does it require a hearing with a judge to set the bond at 1k instead of 5k?

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38,838 satisfied customers
What kind of surety bond do I need to operate a money service

What kind of surety bond do I need to operate a money service business in South Carolina and how much should it be worth?

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Richard - Bizlaw

Juris Doctor

10,568 satisfied customers
so in a jury trial - we lost . we were the defendants . in

so in a jury trial - we lost . we were the defendants . in the plaintiffs damages , they submitted some invoices 5 % - 95 % were request for service forms . all of these damages they submitted to jury were from 2005,2006,2007,2008,2009,2010,2011. they put a dollar figure on the request for service forms ??now my question is , do they or donnt they have to prove that all these 550 documents are unpaid ?? 95 % of these documents are from their previous company , meaning they re - incorporated in 2011 & have volatary dissolved their old company on Indiana state web sight . These documents of $67000 are part of their punitive damages ??would they not have to prove they lost these dollars & for each year showing this loss like say 2005 lost 6000 2006 lost 8000 ect prove each year & prove the unpaid invoice or loss for each of these years ??? help !! & thks

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Law Pro

Doctoral Degree

23,548 satisfied customers
we are in the process of filing the application for Property

we are in the process of filing the application for Property Broker Authority (Form OP-1). Part of this process is that we need to secure a Surety Bond for $ 75,000.My question is this: Who do we contact to secure a surety Bond and what is the process?Thanks you,Bill

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Kendell Kelly, Esq.

Kendell R Kelly, Esq

Doctoral Degree

1,142 satisfied customers
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