Category: Uncategorized
What is the Purpose of Having a Collection Agency Bond?
The primary job of a collection agency is to collect debts and manage important personal information about the customers and their financial records. Since the job of a collection agency involves high risk, having a surety bond as a guarantee becomes a necessity for all collection agencies. This surety bond, which is also known as Collection Agency Bond is there to enhance the trustworthiness and reliability of the agency being hired to manage a customer’s debt.
In the US, most of the state read more
Who Needs Public Official Bonds and Why
Public official bonds are a type of Surety Bond required of public officials. The principle here is the public official; the obligee is the government asking for the bond. The purpose of the bond is to protect the general public from any misconduct by officials holding a position of power or trust in the government.
Who requires a Public Official Bond?
The Public Official Bond is typically required of officials who work with sensitive information or money. Such officials usually hold a positio read more
What You Need to Know About License & Permit Bonds
If you are preparing to start a business or striking out on your own as a professional, chances are that you have heard of License & Permit Bonds. As the name suggests, these bonds are required from certain businesses or professions before they can obtain licenses or permits. However, there are some essential facts that you must know about these bonds before buying one.
There are different types of License & Permit Bonds
There are many types of License & Permit Bonds. This is becau read more
What You Should Know About License & Permit Bonds
License & permit bonds are types of surety bonds that are required for many businesses. Several federal, state, and local government agencies require these bonds when issuing a business its license.
Here are some important things to know about bonds: Continue reading What You Should Know About License & Permit Bonds read more
Why We Need Notary Bonds
Notary publics are required to have Notary bonds. Most States require these from their notary publics before they can be issued a license. This allows them to notarize a document, which serves as witness signatures or legally approved documents. A notary public also has the authority to administer oaths in depositions. Continue reading Why We Need Notary Bonds read more
Why We Need Collection Agency Bonds
Also known as debt collector bonds, collection agency bonds are required of a collection agency before they can be issued a license. It is a type of surety bond that protects consumers from unethical actions of a collections agency. Continue reading Why We Need Collection Agency Bonds read more
Infographic : Auto Dealer Bonds – How one can apply for it
The infographic below explains everything about auto dealer bonds and how one can apply for it. These type of surety bonds are designed to protect customers and the state from auto dealers that commit fraud.
Continue reading Infographic : Auto Dealer Bonds – How one can apply for it read more
Infographic : Auto Dealer Bonds
The Infographic below provides an overview of Auto Dealer Bonds, their purpose, and how they help in the automotive industry. Not only do these bondsprotect customers, but they also assist the auto dealers in keeping their market reputation intact. Additionally, this Infographic lists the violations that auto bonds prevent from happening. Continue reading Infographic : Auto Dealer Bonds read more
Infographic : How to Replace Lost Stock Certificate
The infographic, “Lost Securities Bond: How to Replace the Lost Stock Certificate,” explains the process of replacing lost stock certificates. A Lost Stock Certificate Surety Bond is required by the issuing company through its transfer agent. Continue reading Infographic : How to Replace Lost Stock Certificate read more
Notary Bonds
Notary documents are one of the most powerful legal documents;however, even a notary must secure a license from the US government to do business. For that to happen, a notary bond is necessary. Notary Bonds ensure that the notary will perform their duties just as intended, steering clear of any fraud or investigation. Continue reading Notary Bonds read more