What is a receiver bond?
Receiver bonds ensure that the receiver upholds their responsibilities of the receivership in question, and are required of (as the name suggests) receivers in various jurisdictions across the U.S.
The receiver is an individual who is appointed by a court to secure items such as property, assets and manage an entity that is the defendant in a pending lawsuit awaiting a court's final decision. If the plaintiff is issued a judgment against the receiver for not upholding their responsibilities, the plaintiff can recover any losses as a result via the bond. If you would like to learn more about what surety bonds are and how they work, you can read our detailed guide here.
What will your bond cost?
Bond costs vary by applicant, bond amount and bond type. If you're ready for a firm quote, please fill out our court bond application.
Why our rates are so low
When it comes to surety bond insurance, there is safety in numbers. As the largest volume surety bond writer in the country, we are able to obtain the lowest rates from the strongest bonding company partners.
Frequently Asked Questions
The cost is a small percentage of the required bond amount. Keep in mind that pricing varies based on the bond amount, and your financial strength.
Apply and get approved on our website, sign the surety agreements, and we will ship the bond out.
Yes. We provide the lowest rates possible as a result of the large volume of bonds we write.
You must contact us immediately, as we have a team of claim specialists here to find a resolution for you. Keep in mind, it is crucial that you work with an expert in the surety industry. Learn more about how to ensure you choose the proper bond company.