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.
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.