Everything You Need to Know About an Appeal Surety Bond

As recently as 2018, the number of cases filed in the US Court of Appeals fell by 16% or almost 10,000 appeals in one year. That sounds like a lot – and it is – but considering that almost 50,000 appeals were filed that year, the courts are still hearing a lot of cases. If you plan to be involved with one, specifically involving civil litigation, you may need to obtain an appeal surety bond before the court agrees to hear your case. When required, this bond is non-negotiable, and your entire appeal depends on getting one. Fortunately, it’s a relatively simple process and a manageable cost. Viking Bond Service is here to explain everything you need to know.

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How Does a Replevin Bond Work?

The number of lawyers in American continues to grow every year. According to research from the American Bar Association, that number grew by 15% between 2008 and 2018, bringing the total number of lawyers above the 1.3 million mark. Many of these lawyers work in civil litigation – when one party seeks a financial settlement from another party for a perceived wrong. As part of this type of litigation, the courts may require the plaintiff to obtain a replevin bond. It’s a small but important part of the process. Use this quick overview to learn everything you need to know.

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What is an Executor Bond?

As the Baby Boomer generation gets older, experts are predicting one of the greatest generational wealth transfers in human history. An eye-popping $68 trillion dollars will pass to the children and grandchildren of Baby Boomers, and it will be up to estate executors to distribute all those assets exactly as the deceased intended. It’s going to be a huge undertaking, but, unfortunately, it’s going to be a huge opportunity for fraud and malfeasance as well. Executor bonds make that less likely, which is why most executors must have them. This blog will run down everything you need to know.

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Auto Dealer Industry Insights and Predictions for 2020

For everyone in the auto industry, 2019 looked like the best of times and the worst of times. Auto sales topped 17 million for the fifth year in a row, suggesting that overall demand remains strong. Yet many brands saw declining or stagnant numbers, highlighting that there are clear winners and losers in the industry.

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How to Cover Your Business in the Event of a Data Breach

Cybersecurity is one of the greatest risks facing today’s businesses. Just consider that 43% of all cyberattacks target small businesses, and the average attack costs $200,000. More than half of small businesses experienced a breach in 2018, and 60% went out of business within 6 months. Cyberattacks can bring down any organization, which is why cyber liability insurance exists. It’s quickly becoming a standard part of an institutional insurance portfolio. In this piece, you’ll learn why.

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What to Know About a Michigan Marijuana Bond

Michigan legalized medical marijuana sales in 2008 and recreational sales in 2018. Since becoming legal, sales have surged throughout the sate. In just the second quarter of 2019, Michigan dispensaries sold over 11,000 pounds of marijuana translating to $65 million in revenue. Entrepreneurs across the state are understandably excited about what this industry has to offer, but there are some important requirements that must be met before you set up a business. If your new venture requires a Michigan marijuana bond, this is your quick and easy guide.

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Steps to Get Your Oklahoma Auto Dealer Bond

Here’s an interesting data point from the industry experts at the Auto Alliance: The average American vehicle is 11.6 years old, but the average vehicle in Oklahoma is just 10.1 years old. According to the data, Oklahomans replace their cars and trucks more often than the average person, making this a great state for auto sales. In fact, the auto industry accounted for almost $25 billion of sales in 2018 alone and employed over 73,000 people. If you’re eager to jump into this booming industry, you need an Oklahoma auto dealer bond first. This guide will show you exactly how to get one.

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Everything You Need to Know About Auto Dealer Bonds [Infographic]

You need a license to become a car dealer, and you need an auto dealer bond before you can get a license. A bond is basically a way to hold you financially accountable if you break state laws. Fortunately, getting through the auto dealer bond process doesn’t have to be difficult as long as you know what to do:

 

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