 Joint Liability with Surety Judgement
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Probate court determines liability of 'Jane Doe' (removed former > personal representative)to be $32.0000 and enters judgement jointly > and severally against her and her surety, XYZ Surety Company. Surety > company issued a $138,000.00 bond to Jane Doe Jane Doe spent > $25,000.00 of the money from the estate of her deceased son. What > happens to Jane Doe? Does Jane owe the $32,000.00 judgement or does > her surety pay? Can Jane Doe be criminally prosecuted for > misappropriating the estate funds? What will the surety company do > about this Judgement? |