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Old 08-03-2007, 11:52 AM
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Join Date: Jul 2007
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Default PACA Government
We are going to sue a wholesaler located in Florida. PACA a branch of the government dictated we have a case because they conducted an audit and PACA stated that we were owed $12,000. PACA will collect but they required us to post a bond for twice of the amount we intend to collect. PACA said it should be a "Surety Bond" and send us the attchaed form BUT there are two types, Cash Surety & Surety Bond. PACA "believe" Surety is the appropiated one BUT your web page list 4 types of surety bond. My question is: which of the four? and how much will it cost?
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