Court Bonds

Court Bonds are broken down further into two separate categories-Judicial and Probate/Fiduciary.  

Judicial Bonds are for either plaintiffs (such as preliminary injunction, attachment and cost bonds) or for defendants (appeal bonds, removal bonds, discharge of mechanics liens). Generally, Judicial Bonds are required in civil court actions when a litigant seeks either a special right or remedy in advance of a ruling that could prove financially negative results for the other party.   As a rule there must be an attorney involved before we can consider court bonds-either Judicial or Probate

Probate/Fiduciary Bonds are issued in order to comply with a court order.  The bond guarantees that the appointed Guardian, Executor, Administrator, Conservator or Trustee will faithfully perform the duties prescribed by law and the court and will demonstrate financial responsibility for the benefit of the estate and its heirs.  As stated above, an attorney must be involved, bond underwriters will not accept in-pro-per cases (a fiduciary acting alone without benefit of counsel).

The Hartford Commercial Surety Application has specific sections for Fiduciary Bonds which is further broken down into Administrators, Executors, etc.; Guardianship, Conservatorship, Trustees, etc.; Receiver, Bankruptcy Trustee, etc.; and Judicial Court Bonds.  A copy of the Court Order, Judgment and/or other supporting documents will be requiremed.   For larger bonds, a financial statement may be required from the applicant.