How Do Supersedeas Bonds Work?
Judgments made by courts do not stop legal conflicts from continuing after issuance. A defendant requiring an appeal bond, known as supersedeas bonds allows them to prevent enforcement while navigating the appeal process. The financial guarantee aspect of this bond ensures payment to the winning party after an unsuccessful appeal process while waiting for the […]
What Is a Surety Bond?
A surety bond is basically a promise between three parties to make sure certain tasks or responsibilities get done as promised. Think of it like this: you are hanging out with your friends and one buddy says he will definitely bring the game board for your game night. If that friend fails to bring the […]
What Are Agency Bonds and How Do They Work?
Investing in bonds is a widely recognized approach to creating financial security through multiple bond-based instruments with distinct operations. The many types of bonds offer agency bonds as a preferred investment option because of their reliable security features. Public and business projects benefit from funds supported by bonds distributed by government agencies or government-sponsored enterprises. […]