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Article Author-Abrams HowellDid you know that over 50% of Surety bond claims are filed due to unmet responsibilities? When you enter into a Surety bond agreement, both parties have certain duties to accomplish. Yet what takes place when those obligations are not fulfilled?In this short article, we will explore the Surety bond claim procedure, lawfu
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Content written by-McCaffrey HolmbergSurety Bonds provide an economic guarantee to an obligee, such as a federal government agency or customer. In this way, the obligee is protected against loss if the primary falls short to fulfill the terms of the contract.The bonding procedure involves getting a specific kind of bond as well as sending all neede