Surety Matters

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Displaying 4 results for: receiver bond
Court Bonds 05.07.2019

Why Do Courts Require Surety Bonds?

Court bonds, such as appeal bonds, may be required in court proceedings to enable a party to pursue a remedy in court. Fiduciary bonds guarantee the faithful performance of court appointed fiduciaries such as executors,…
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Why Do Courts Require Surety Bonds?
Court Bonds 02.20.2019

What is Receivership and What Is It For?

Receivership can best be defined as a process where someone legally appointed as receiver for a company acts in that capacity as a custodian for the company’s assets or operations. Receivership is most commonly associated…
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What is Receivership and What Is It For?
Court Bonds 02.19.2019

Receivers vs. Trustees in Bankruptcy

Both receivers and trustees are involved in bankruptcy, but only certain types. Receivership is both a feature of Chapter 11 bankruptcy, which is used for reorganization of a business entity under the United States bankruptcy…
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Receivers vs. Trustees in Bankruptcy
Court Bonds 11.02.2018

Receiver Bonds: What You Need to Know

A receiver is a person appointed by the court to receive assets, property, and control of a company pending final decision of a lawsuit. A receiver may be required to obtain a receiver bond to…
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Receiver Bonds: What You Need to Know