Guest Blog – 5 Common Misconceptions About Surety Bonds
Construction Law Monitor
APRIL 15, 2015
A recent case of this is the bankruptcy of the 105-year-old company Truland Group Inc. In the event of bankruptcies and pending claims, there is nobody else but the surety provider to cover the costs. Sometimes they finance contractors through tough times, especially if they have a well-built long-term relationship.
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