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Author: Madden & Bergstrom

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Announcing New DuPage Bond Service

Madden & Bergstrom Announces New Service for DuPage County Surety Bonds. When filing a surety bond in DuPage County, in most cases the original surety […]

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What Role Does a Paralegal Play in Obtaining a Surety Bond

Introduction A paralegal plays an important role in helping to obtain a surety bond. Surety bonds are a type of contract used to guarantee that […]

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What is the Difference Between a Surety Bond and Insurance

What is the Difference Between a Surety Bond and Insurance?

Comparing surety bonds and insurance policies can be difficult because they both provide protection to individuals and businesses, but their approach to protecting those individuals […]

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Senior Couple In Garden With Adult Children

Financial Exploitation by Family Members When One is Under Guardianship

Introduction A guardianship surety bond is a bond that provides protection for a ward in the event of any financial exploitation or mismanagement of their […]

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What is a Surety Bond

Filing a Claim on a Surety Bond

Surety bonds are contracts between three parties: the surety (the party issuing the bond), the obligee (the party requiring the bond) and the principal (the […]

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Security for Cost Bond

Security for Cost Bond Explained

Introduction A security for cost bond, also known as a “cost bond,” is a bond posted by a party to a lawsuit guaranteeing that the […]

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