Bail Now Bail Bonds- Saralandflorist.Com http://saralandflorist.com Tue, 11 Jun 2019 15:00:24 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.4 AAA Bail Bonds Indianapolis -The Variety of Bail Bonds http://saralandflorist.com/aaa-bail-bonds-indianapolis-the-variety-of-bail-bonds/ Tue, 11 Jun 2019 13:47:49 +0000 http://saralandflorist.com/aaa-bail-bonds-indianapolis-the-variety-of-bail-bonds/ The judicial bonds, have as their main purpose, to ensure compliance with the obligations and responsibilities that result from a judicial process. They belong to Branch II of the bond classification in Mexico and may be of a criminal or non-criminal nature. The Variety of Bail Bonds   Which varies ... Read More »

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The judicial bonds, have as their main purpose, to ensure compliance with the obligations and responsibilities that result from a judicial process. They belong to Branch II of the bond classification in Mexico and may be of a criminal or non-criminal nature.

The Variety of Bail Bonds

 

There are multiple benefits of hiring a Judicial Bond

Which varies according to the type of process in which the Fiado is located. In the case of “Criminal” Judicial Bonds, the freedom of the people who are subject to a criminal process can be guaranteed, which avoids that the defendant who is placed on probation, evades the action of justice. The “Non-criminal” Judicial Bonds are used to guarantee that the obligations that result from a civil controversy in which damages to the nation have been presented or issues of protection and labor trial are fulfilled.

In Navarro, we focus on “Non-criminal” Judicial Bonds, which, in turn, specialize in the following types of judicial processes:

Alimony: This type of guarantee guarantees the payment of the pension by one of the spouses and in favor of the minors.

Labor judgment: Guarantees that the bond will comply with the obligations arising from the judgment in a labor lawsuit.

Labor protection: Guarantees the payment of damages that may be caused to the injured third party, due to the request made by the latter to suspend the execution of the act claimed in civil, administrative or commercial matters, provided that the judicial authority grants said suspension.

Repair of damages: With this type of Judicial Bond, the possible payment of the damages that the accused has caused to the offended party for the crimes that are imputed to him, and that is accredited and quantified in the criminal process, is guaranteed.

If you are involved in a judicial process and you need to guarantee the fulfillment of certain obligations through a bail bond, go to BondCliff →, we will gladly support you with the processing of your bond!

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The Surety Insurance Bond in Mexico http://saralandflorist.com/the-surety-insurance-bond-in-mexico/ Mon, 03 Jun 2019 12:10:12 +0000 http://saralandflorist.com/the-surety-insurance-bond-in-mexico/ The Surety is a guarantee contract issued by an insurance company, which aims to ensure compliance with contractual obligations or, cover losses resulting from breach of them. Unlike a bond, the Surety Bond will no longer require a joint obligor to hire it The Surety Insurance guarantees the payment of ... Read More »

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The Surety is a guarantee contract issued by an insurance company, which aims to ensure compliance with contractual obligations or, cover losses resulting from breach of them.

Unlike a bond, the Surety Bond will no longer require a joint obligor to hire it

Unlike a bond, the Surety Bond will no longer require a joint obligor to hire it

The Surety Insurance guarantees the payment of the damages and prejudices or of the penalty fixed in the policy. The payment will be made after 30 days, as long as the documents established in the certificate are presented.

The implementation of the New Law of Insurance and Surety Institutions, which entered into force on April 4, 2015, will be historic for the Mexican insurance sector, and Surety Insurance will play a very important role in the country’s economy.

As in the countries where the Surety Bond is already known and used

As in the countries where the Surety Bond is already known and used

It is expected that in Mexico, the Surety Bond will serve as a very effective tool to respond financially in case of breaches of contract of the companies before the Public Administration. The Surety Insurance will also be a tool that will benefit the three levels: municipal, state and federal; since those interested will have more and better options for contracting insurance.

According to the National Insurance and Bonding Commission (CNSF), the new Law on Insurance and Surety Institutions is based on the European Solvency II model, whose main feature is that insurance companies have enough reserves to make facing any risk by ensuring compliance with customers. This model guarantees that losses for consumers will be reduced.

Do you want to know more about this new product? 

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Durban Mayor bail allowed http://saralandflorist.com/durban-mayor-bail-allowed/ Wed, 22 May 2019 12:08:40 +0000 http://saralandflorist.com/durban-mayor-bail-allowed/ Zandile Gumede, eThekwini mayor, and two more suspects appeared in the specialized trade crime court in Durban on a string of corruption charges. Deputy regional secretary Gumede and Mondli Mthembu apparently orchestrated last month’s march to the Durban city council demanding the removal of the city manager because he did ... Read More »

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Zandile Gumede, eThekwini mayor, and two more suspects appeared in the specialized trade crime court in Durban on a string of corruption charges.

Deputy regional secretary Gumede and Mondli Mthembu apparently orchestrated last month’s march to the Durban city council demanding the removal of the city manager because he did not want to sign a payment for an illegal tender.

This information came to light during the court appearance when the Hawks’ investigator was read into the affair’s affidavit in the record. ANC’s eThewini region chairman Gumede surrendered herself in the morning before her court appearance. 

R50 000 bail

She, Mthembu and a service provider, were all released on R50 000 bail each. The three will appear in court again on August 8 together with the other accused. The alleged fraud is related to a tender in Durban’s solid waste department that allegedly paid large amounts of money to service providers, but no services were provided. 

Maroela Media reported earlier that many other people were arrested this month, including the department’s deputy chief executive Robert Abbu, 62, and the city’s supply chain manager, Sandile Ngcobo, 41, on fraud charges related to the same tender.. 

The other suspects are Hlenga Sibisi (43), Mzwandile Dludla (24), Sinthamone Ponnan (55), Sithulele Mkhize (38), Bongani Dlomo (53) and Prabagaram Pariah (61). They have already appeared in the commercial crime court and were also released on R50 000 bail each. According to the Hawks, the investigation into corruption continues in the eThewini metro.

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What are the Administrative Bonds for? http://saralandflorist.com/what-are-the-administrative-bonds-for/ Wed, 22 May 2019 11:34:41 +0000 http://saralandflorist.com/what-are-the-administrative-bonds-for/ The Administrative Bails, specialize in ensuring compliance with different types of contracts, which may include same legal and economic obligations purchase orders, work orders or contracts. These contracts are between two or more people and these can be both physical and moral. Administrative Bonds The main objective of the Administrative ... Read More »

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The Administrative Bails, specialize in ensuring compliance with different types of contracts, which may include same legal and economic obligations purchase orders, work orders or contracts. These contracts are between two or more people and these can be both physical and moral.

Administrative Bonds

The main objective of the Administrative Bonds is to guarantee the fulfillment in time and form, of the obligations acquired when concluding a contract , which can be of the following type:

Advance: It guarantees the proper use and correct application of the money given to the guarantor, in advance by the beneficiary, for the execution of the works established in a work contract. In case this is not carried out in a timely manner, with the Guarantee the total or partial refund of the money is secured, as appropriate.

Competitions and / or Bidding: Its objective is to guarantee the support of the offers made by the participants of the bids or contests, which can be both public and private, carried out for the purpose of determining the contractor who will be responsible for carrying out the work in question.

Compliance: With this type of bond seeks to ensure full or partial compliance with the obligations that are established in a work contract, guaranteeing the beneficiary that the company providing a service, will carry out the work according to the established, of otherwise, the Compliance Bond may be valid .

Credit: This type of Administrative Bond applies only to PEMEX, CFE and CAPUFE, it is used to guarantee that the obligations consistent with the payment of money are carried out.

Good Quality and / or Hidden Defects: They guarantee the good quality of the built goods, as well as the equipment or material that has been installed or sold to the beneficiary by the guarantor. In the event that, after delivery of the work, and within the time stipulated in the contract, hidden defects or defects appear, this guarantee ensures the repair of the damage.

If your client, whether private or government, is requesting a bond for the conclusion of a contract, We can help you process it easily and quickly!

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BAIL http://saralandflorist.com/bail/ Mon, 06 May 2019 11:57:44 +0000 http://saralandflorist.com/bail/ GENERAL RULES Under the guarantee agreement, a person guarantees to satisfy the creditor an obligation assumed by the debtor, if he does not comply. The bond will be given in writing, and does not admit extensive interpretation. The bond can be stipulated, although without the consent of the debtor or ... Read More »

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GENERAL RULES

Under the guarantee agreement, a person guarantees to satisfy the creditor an obligation assumed by the debtor, if he does not comply.

The bond will be given in writing, and does not admit extensive interpretation.

The bond can be stipulated, although without the consent of the debtor or against its will.

Future debts may be subject to bail; but the guarantor, in this case, will not be sued until after the principal debtor’s obligation has been made certain and net.

REACH

Not being limited, the guarantee will comprise all accessories of the principal debt, including legal expenses, from the guarantor’s citation.

The bond may be less than the principal obligation and contracted under less costly conditions, and when it exceeds the value of the debt or is more onerous than it, it will only be worth up to the limit of the obligation secured.

EXEMPTION

EXEMPTION

The null and void bonds are not subject to a bond, unless the nullity results only from the debtor’s personal incapacity.

The exception set out above does not cover the case of mutual lending.

ACCEPTANCE BY THE CREDITOR

ACCEPTANCE BY THE CREDITOR

When a person is to offer a guarantor, the creditor can not be obliged to accept it if he is not a suitable person, domiciled in the municipality where he has to provide bail, and does not possess sufficient assets to fulfill the obligation.

INSOLVENT OR INCAPABLE GUARANTEE

If the guarantor becomes insolvent or incapable, the creditor may demand that he be replaced.

PRIORITY IN PERFORMANCE

The guarantor demanded for the payment of the debt has the right to demand, until the contestation of the lida, that the assets of the debtor are first executed.

The guarantor who claims the benefit of an order must appoint property of the debtor, located in the same municipality, free and discharged, as long as sufficient to solve the debt.

Does not benefit this benefit from the guarantor:

I – if he expressly renounced it;

II – if it has been obliged as principal payer, or joint and several debtor;

III – if the debtor is insolvent, or bankrupt.

Guarantor – Asset Garnishment

Summary 549 of the STJ establishes that:

“The attachment of a family property belonging to a guarantor of a lease agreement is valid.” (REsp 1,363,368)

SOLIDARITY BETWEEN GUARDIANS

The joint guarantee given to a single debit by more than one person implies the commitment of solidarity between them, if they are declared not to reserve the benefit of division.

Once this benefit has been established, each guarantor will only be liable for the part that, in proportion, will be paid.

Each guarantor can fix in the contract the part of the debt that he takes under his responsibility, in which case it will not be for any other thanks.

The guarantor who repays the debt in full shall be subrogated to the rights of the creditor; but may only sue each of the other guarantors for their quota.

The party of the insolvent guarantor will distribute himself to others.

Grant Uxória

To be effective, the bond provided by one of the spouses must have the express written consent of the other spouse. See details in the article Bond – Nullity – Lack of Grant Uxória or Marital .

LOSSES AND DAMAGES

The debtor also responds to the guarantor for all the losses and damages he / she pays, and for those who suffer as a result of the guarantee.

The guarantor is entitled to the interest of the disbursement by the rate stipulated in the main obligation, and, if there is no agreed rate, to the legal interest of the delay.

GUARANTEE’S RIGHTS

When the creditor, without just cause, delay the execution initiated against the debtor, the guarantor can promote the progress.

The guarantor may exonerate himself from the bond that he has signed without limitation of time, whenever it suits him, being obliged by all the effects of the guarantee, during sixty days after the notification of the creditor.

LIMIT

The guarantor’s obligation passes to the heirs; but the responsibility for bail is limited to the time elapsed until the death of the guarantor, and can not exceed the forces of inheritance.

EXTINCTION OF BOND

The guarantor may oppose to the creditor the exceptions that are personal to him, and the extinguishers of the obligation that are the responsibility of the principal debtor, if they do not come simply from personal incapacity, except in the case of the loan made to the minor.

The guarantor, even if in solidarity, will be released:

I – if, without his consent, the creditor grants a moratorium to the debtor;

II – if, because of the creditor, it is impossible to subrogate in his rights and preferences;

III – if the creditor, in payment of the debt, accepts amicably from the object debtor other than what he was obliged to give, even if later he loses it by eviction.

If the benefit of the request is invoked and the debtor is delayed and the insolvency is suspended, the guarantor who invoked it will be exonerated if he proves that the assets indicated by him were, at the time of the attachment, sufficient to settle the debt secured.

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Important changes in the provisions on bonds http://saralandflorist.com/important-changes-in-the-provisions-on-bonds/ Fri, 03 May 2019 12:08:26 +0000 http://saralandflorist.com/important-changes-in-the-provisions-on-bonds/ The regulatory aftermath of the Get Backu scandal is to be, among others, a significant change in the regulations regarding the issue of corporate bonds. The bonds will no longer be a simple and fast intra-group financing instrument. Soon, each issue will be supervised by an external entity, and information on bonds (also ... Read More »

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The regulatory aftermath of the Get Backu scandal is to be, among others, a significant change in the regulations regarding the issue of corporate bonds. The bonds will no longer be a simple and fast intra-group financing instrument. Soon, each issue will be supervised by an external entity, and information on bonds (also non-public) and their issuer will be publicly available.

The regulatory aftermath of the Get Backu scandal is to be, among others, a significant change in the regulations regarding the issue of corporate bonds. The bonds will no longer be a simple and fast intra-group financing instrument. Soon, each issue will be supervised by an external entity, and information on bonds (also non-public) and their issuer will be publicly available.

Dematerialization and mandatory registration at KDPW

The government has been expressly proceeding with amendments to certain acts in connection with the strengthening of supervision and investor protection in the financial market.

Since the entry into force of the amendment (probably the fourth quarter of this year), financial instruments such as corporate bonds, closed investment certificates and mortgage bonds will have to be registered in the securities depository kept by the National Depository for Securities (KDPW), currently in force for public securities and treasury bonds.

With a few exceptions, all bonds will be dematerialized (it will no longer be possible to make paper bonds).

A longer and more expensive emission process

The issue process will also be extended – currently, after the decision to issue corporate bonds, the entire process can take place virtually overnight. After introducing the changes, it will be necessary to conclude the contract for the issuance agent function (new institution) in advance, and then to conclude the deposit agreement.

The introduction of additional agreements with external entities will not only prolong the process, but also increase the financial expenses related to the issue (so far, simple bonds that were part of intra-group financing were often issued without the participation of legal advisors, now it will be necessary to involve external entities).

Double agent …

A new institution will be established – a bond issue agent that will fulfill a dual function: a supervisory body and an intermediary. The agent’s tasks will be primarily to check the uncertainties of the securities to be issued. After positive verification of the securities and the issuer, the agent will act as an intermediary in concluding the agreement for the registration of bonds in the securities depository.

… and double external supervision

The first stage of supervision will be verification of the securities’ correctness and their ability to be registered by the issuing agent at KDPW. Importantly, this requirement will not be able to be excluded or limited in the contract with the agent.

Registration of securities will be possible only in case of positive opinion on the bond projects (issue conditions) by the agent.

Indirectly, however, corporate issues will be supervised by the PFSA, which will have access to information on bonds and issuers through KDPW.

Universal access to data

A central repository of information on debt securities is planned. According to the project justification, access to information on bonds and issuers would be granted to: PFSA, other state authorities and interested investors. The wording of the provision implies, however, that access to the repository data would be “universal”. Regardless of which concept is adopted, there is no doubt that access to data about issuers and intra-corporational financial instruments will be much wider than so far.

And what about the bonds issued so far?

In relation to paper bonds issued before the entry into force of the abovementioned amendments, the law provides for a grace period – their dematerialization and registration in the deposit will be optional.

Even if the issuer does not decide to dematerialize, it will still be required to provide KDPW with basic information on issues with respect to bonds that will not be redeemed by the end of 2019 (eg in terms of the value and number of such securities or deadlines) liabilities). This information should be provided by the end of the first quarter of 2020. In addition, this data will have to be updated every 6 months.

Failure to perform or improper performance of obligations regarding the transitional period will be punishable by a fine of up to PLN 2 million.

The draft amendment was adopted this week by the Council of Ministers and was received by the duns.

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What is a Rental Bond? http://saralandflorist.com/what-is-a-rental-bond/ Mon, 22 Apr 2019 11:36:13 +0000 http://saralandflorist.com/what-is-a-rental-bond/ Lease bond Rent a property, whether for residential use or as a commercial premises, requires today, the intermediation of a Lease Bond, through which, the owner of the property is assured, the payment of the monthly fee in case of delay on the part of the tenant or tenant. Some ... Read More »

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Lease bond

Rent a property, whether for residential use or as a commercial premises, requires today, the intermediation of a Lease Bond, through which, the owner of the property is assured, the payment of the monthly fee in case of delay on the part of the tenant or tenant.

Some years ago, the rent of a property only required the vote of confidence that should exist between the owner and those interested in renting, however, the economic uncertainty and irregularities that some people presented in their financial history, represented a risk for the landlords. For this reason, the Lease Bond, has become a need that provides legal protection to the owners of real estate, as it guarantees that the payment of the rent will be covered for breach or for possible damages that the occupant may cause to it. The surety will be the one who responds in case the guarantor does not do it.

One of the most important benefits offered by the Lease Bond to property owners is the legal certainty, since it will be the surety company who will respond in case the tenant does not comply with the agreement in the contract.

To be able to process a deposit, it is necessary that there is a lease contract and that the person interested in renting the property presents a solvency file where their income level is reflected. It must also have a joint and several obligor, who must present a property free of liens, which will be taken as collateral in case the payment of the rent is not met.

As for the costs of the  Lease Bonds, these vary according to the Surety and the cost of the rent, usually ranging from 85 to 90% of the value of the same.

Deposit of 1

Guarantees with a rental deposit, the payment of the rent that your tenant may fail to meet. Secure your income and protect your assets!

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