Additional Information
This list represents some of the most common court bonds that are requested. If your bond name is not listed, just call us to review your bond requirements and we will forward the application and any additional paperwork needed for you specific bond.
It is important to note that many court bonds require collateral. The underwriting is based on your good credit and Business Financial and/or Personal Financial statements.
Click here for more info on: Business Financial Statements | Personal Financial Statements
If your company has your business financial statements on a computer program such as Quicken® or QuickBooks®, then by all means use those statements.
In some cases the surety underwriter may require copies of your most recent Federal Tax Return and/or Bank verifications. We will only ask for these items if and when the surety underwriter indicates that they are needed.
Surety will require a complete explanation of the facts of the case from the applicant or the applicant’s attorney.
Surety will need copies of any and all documents pertaining to the case.
Surety will need the name, address and phone number of all applicants and their attorneys. In cases involving mechanic’s liens, we will need copies of stop notices and any additional related paperwork.
In the case of bonds for trust, we will need a copy of the trust.
This is not a complete list of the items that surety may request. Most cases are straight forward as to the bond limits and terms. The majority of the work in getting the applicant qualified for the bond is in gathering all necessary information and making sure that all forms are accurate and complete.
COURT BOND CHECK LIST
1. Court bond application must be completed and as accurate as possible. Please answer all the questions in full. Date and sign the application. Also, please make sure to complete the notorization (if needed).
2. Current Personal Financial Statement and/or Business Financial Statement (if applicable).
3. Court documents (any and all documents relating to the case).
4. Complete explanation from the applicant and/or attorney of the case.
5. Most recent federal tax returns; business (if there is a business involved) and personal. (Upon request of Surety Underwriter)
6. Bank verifications (upon request of surety underwriter)
7. If the bond involves stop notice or mechanic’s lien then surety will need you to provide the complete name, address and phone number of the contractor or contractor's if more than one are involved.
Note: Cash collateral may be required on some bonds. The amount and type of
collateral will be determined by the surety company underwriting the bond.
If you should have any questions, please feel free to contact us
Toll Free: (800) 622-6637
Tel: (619) 670-1136
Fax: (619)-670-5026 fax
Email: bondpro1@cox.net
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