An Oregon receiver bond is required when mandated by a court in which litigation takes place. AmeriPro Surety Bonds understands the urgency and the time constraints in having the bond filed with the court. Contact AmeriPro Surety Bonds today at 844-589-9732.
AmeriPro Surety Bonds provides residents of Oregon --- and everywhere else in the country --- with a required receiver bond as mandated by court for the protection of the plaintiff.
An Oregon receiver bond, or even a receiver bond in general, is:
The premium, or amount required for an Oregon receiver bond will be determined by several criteria:
The premium renews on an annual basis, if not prepaid, for as long as the case is being adjudicated.
You may be reading this page after learning that a court requires you or your client to obtain an Oregon receiver bond as a condition for the court proceedings to continue.
Surety bonds have three “parties” or sides to the contract.
This is different from insurance, where, generally, there are only two parties ---the insurance company and the policyholder.
For a receiver bond:
Unlike insurance, though, any claims paid on a receiver bond must be reimbursed in full, including costs and fees, by the principal; in this case, the person (defendant) who purchased an Oregon receiver bond.
Perhaps seemingly "out of the blue" you or your client were informed that you are required to obtain a receiver bond --- and, truthfully, you weren’t given all that much time to purchase one and have it filed with the court.
You may not have even heard of what a receiver bond is before now.
AmeriPro Surety Bonds understands court bonds.
We also understand the urgency.
We will work with you hand-in-hand with you to obtain the receiver bond that you require.
We will get your receiver bond.