Please reach us at christine.bondsladybonds@gmail.com if you cannot find an answer to your question.
A surety bond is a three-party agreement. The obligee requires the principal to buy the bond and honor its terms. The surety company financially backs the bond if the principal violates those terms. If the surety company pays out any claims made on the bond, the principal must reimburse the surety. Bonds are a form of financial security, and the surety is the entity that backs the bond.
No, the simple act of applying for a surety bond does not cost you any money. Although applicants do pay a premium to get the bond, the application process itself is complimentary.
An immigration bond is the amount of money set by ICE or an immigration judge. The total bond amount must be paid in order for you to be release from the detention center. The money guarantees you will attend your future hearings and follow court orders after ICE releases you.
Not everyone qualifies for an immigration bond. For example, people who have already lost their immigration case may not be eligible. It also includes those who authorities apprehended at any port of entry. People involved in criminal convictions or terrorist activities do not get a bond. However, those who have a criminal conviction on their record but never received a charge by ICE can request a bond hearing. However, if you are an undocumented immigrant and haven’t done anything to be in mandatory detention, you are eligible for an immigration bond.
No, an oath or affirmation is not required when taking an acknowledgment.
No, a notary public may not notarize copies of vital records such as birth, marriage or death certificates. Vital records can only be certified by the registrar or the clerk with the requisite authority to issue the record.
Surety bonds differ from fidelity bonds, which protect both companies and their customers against losses from theft or fraudulent activities committed by company employees. Fidelity bonds, which tend to be less expensive, are typically carried by businesses offering services such as cleaning, moving, bookkeeping, child care or repairs.