Comments on: The Surety Bond Claims Process http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process General to specific surety bond information, as well as current events within the industry. Wed, 08 Feb 2012 19:31:08 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Michael Weisbrot http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/comment-page-1#comment-2280 Michael Weisbrot Sun, 29 Aug 2010 13:14:08 +0000 http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/#comment-2280 Suzy, As a surety bond agency we don't handle much in terms of claims. That responsiblity is done by the carrier. Therefore, I don't have much to offer you in terms of advice. However, since there is a discrepency as to whether or not the bond covers your work at this point, I would contact an attorney that can assist before you get stuck with the bill. Sorry I couldn't assist more! Suzy,

As a surety bond agency we don't handle much in terms of claims. That responsiblity is done by the carrier. Therefore, I don't have much to offer you in terms of advice.

However, since there is a discrepency as to whether or not the bond covers your work at this point, I would contact an attorney that can assist before you get stuck with the bill.

Sorry I couldn't assist more!

]]> By: suzy martin http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/comment-page-1#comment-2279 suzy martin Sat, 28 Aug 2010 02:50:44 +0000 http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/#comment-2279 I was a an elevaor subcontractor hired by another elevator company to install an elevator at a navel base. The general contractor was making payment to the the elevator company that contracted with us. We never received any payment because the elevator company went out of business. I contacted the surety bond company and I was informed that I did not file the bond within the 90 days. The company that filed the lien informed me that I have 180 to file the claim against the bond. Can you please advise. An intend to file a lien letter was send after 2 1/2 months from the last day of work. However the lien was received 3 days after the 90 days. Who is right, the lien company or the surety bond company. Please advise. I was a an elevaor subcontractor hired by another elevator company to install an elevator at a navel base. The general contractor was making payment to the the elevator company that contracted with us. We never received any payment because the elevator company went out of business. I contacted the surety bond company and I was informed that I did not file the bond within the 90 days. The company that filed the lien informed me that I have 180 to file the claim against the bond. Can you please advise. An intend to file a lien letter was send after 2 1/2 months from the last day of work. However the lien was received 3 days after the 90 days. Who is right, the lien company or the surety bond company. Please advise.

]]> By: Michael Weisbrot http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/comment-page-1#comment-2100 Michael Weisbrot Tue, 25 May 2010 17:24:54 +0000 http://www.jwsuretybonds.com/blog/the-surety-bond-claims-process/#comment-2100 Fernando, Contact the Federal Motor Carrier Safety Administration. They would have either a BMC-84 surety bond or a BMC-85 trust fund in place that will allow you to recoup up to $10K. Fernando,

Contact the Federal Motor Carrier Safety Administration. They would have either a BMC-84 surety bond or a BMC-85 trust fund in place that will allow you to recoup up to $10K.

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