At this critical time, many families will be affected in many ways by the COVID-19 outbreak across the country. One of those ways will be the loss of a loved one and the requirement for estate administration via the court system. This usually requires an Administration surety bond ordered by the court. As Investopedia writes, … Continue reading Administrator Bonds →
One way for a construction contracting company to ensure access to critical relationships needed for sound business advice and for qualifying for surety credit is to partner with a professional surety bond producer, according to experts at the National Association of Surety Bond Producers (NASBP). Most contractors know that surety bonds help establish their credentials, … Continue reading Surety Bonding for Contractors →
Are you starting a business or do you own an established business that requires a license from your local Department of Consumer Affairs or State Government? Does that license require you to get a Surety Bond? We get lots of first time clients that are unaware of what surety bonds are, and how to properly … Continue reading 5 Star Service for License & Permit Surety Bonds with BFBond.com →
Mechanic’s Lien Bond aka Bond around a lien, lien release bond, and bonding off a lien. What is a Mechanic’s Lien? Mechanic’s liens in their modern form were first conceived by Thomas Jefferson, to encourage construction in the new capital city of Washington. They were established by the Maryland General Assembly, of which the city of Washington was … Continue reading Mechanic’s Lien Bond aka Bond Around a Lien →
Collusion is a word we hear a lot lately, did you know that it happens in the bidding process to gain an unfair advantage? According to Construction Business Owner Magazine, it happens in the construction industry by unscrupulous bidders. Most public and some private companies require a competitive public bidding process to choose the best … Continue reading Bidding War: Preventing Subcontractor Collusion →
An employee slips merchandise into her purse. Or maybe someone makes a company check out to himself, or pilfers supplies from the stock room. Even before you discover the crime, your business may have lost a bundle of money. A 2016 poll on employee theft found that 80% of embezzlement happens at small businesses. How … Continue reading Steps You Can Take to Protect Your Business from Employee Theft →
There is a hidden risk facing small businesses across the country that often goes unnoticed until it suddenly rips through a firm’s finances: employee theft. It’s a crime that is costing U.S. businesses $50 billion annually, with 7% of annual revenues lost to theft or fraud according to Statistic Brain. Studies found that U.S. businesses … Continue reading Workplace Crime costs $50 Billion a year, protect your business with Fidelity Bonds. →
How to Become a NYC Process Server. A process server is a person that delivers important legal documents to individuals for lawyers or other legal services. It is the job of the process server to deliver the documents while adhering to the laws of the state. If you are interested in becoming a New York … Continue reading Becoming a NYC Process Server →
Q. What Is a Motor Vehicle Dealer Bond? A. It is a guarantee that motor vehicle dealers will follow
(And why they both should be bonded) A short answer is that an Executor (Executrix if a female) is the person whom is named in the Will to take charge of the estate. The Executor is responsible for wrapping up the deceased person’s affairs and distributing the assets to, or for the benefit of, the persons named … Continue reading What is the difference between the Administrator of an Estate and an Executor of an Estate? →
