A Short Guide to Common Court Surety Bonds

This article discusses some of the common types of surety bonds brought used towards individuals with the court serving as the main obligee or the surety of the surety bond agreement.

Surety bonds are no longer just used by companies in order to manage financial risk and loss which may potentially occur during the course of the completion of a project undertaken by the project owner and an independent contractor. Today, surety bonds are now used practically in every aspect of society, including in the court.