Click to verify BBB accreditation and to see a BBB report.
Follow us on twitter!
+ Reply to Thread
Results 1 to 2 of 2
  1. Bond Magician
    Bond Magician is offline Senior Member
    Join Date
    Oct 2007
    Posts
    401

    Collateral return

    I'm pretty sure I should be receiving my collateral back soon. How is it returned?
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
  2. Surety Queen
    Surety Queen is offline Surety Professional
    Join Date
    Oct 2007
    Posts
    558

    Collateral Return

    Quote Originally Posted by Bond Magician
    I'm pretty sure I should be receiving my collateral back soon. How is it returned?
    Generally Surety returns collateral by some method that they can track it - UPS I think is the preferred method.

    To determine when you should be getting your collateral back, refer to the agreement that you signed when your bond was issued. It probably has a clause that indicates that your collateral will be held for a minimum of 365 days AFTER the bond liability has ended. Some agreements are for a shorter period of time... some are for longer. If it gets to the time that you think you should be seeing it, check with your bond specialist to see what the status is.
    Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
    Reply With Quote Reply With Quote  
« Previous Thread | Next Thread »

Similar Threads

  1. Collateral Return
    By Mother Bond in forum Bad Credit Surety Bonds
    Replies: 5
    Last Post: 05-27-2008, 05:05 PM
  2. Return Premium
    By Bond Artist in forum License & Permit Bonds (other)
    Replies: 1
    Last Post: 09-27-2007, 12:17 PM
  3. Tax Return
    By Carboholic in forum Mortgage Broker Bonds
    Replies: 4
    Last Post: 07-25-2007, 01:51 PM
  4. Collateral Return
    By chefman in forum Mortgage Broker Bonds
    Replies: 1
    Last Post: 06-01-2007, 04:34 PM
  5. Why no return premium?
    By Redbull in forum Miscellaneous Bonds
    Replies: 1
    Last Post: 05-21-2007, 08:37 AM

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts

Forum Rules


Content Relevant URLs by vBSEO 3.5.0 RC1 PL1