Read the latest news regarding Commercial, License, Permit, Contract, Court and Fidelity Surety Bonds, and how upcoming changes will affect your business. Check out our glossary page for more information on Surety Bond terminology.
A collection agency is a third party agent of a creditor. Given the fiduciary and other legal duties placed on commercial debt collectors, most states now require agents to be licensed and to post a collection agency bond.
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Injunction Surety Bond is type of court surety bond that is required of one of the two parties involved in a legal dispute.
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As an auto dealer business owner, you probably know that surety bonds are typically required as a part of the dealer licensing process.
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