On this episode, Todd R. Braggins of Ernstrom & Dreste, LLP joins us to share information about the decision by the surety to finance a defaulting principal. Todd highlights specific red flags that might come into play and discusses important steps to follow as the decision to finance is considered. Todd also describes the important role bond producers can play to make this a better situation for all involved. For more information on this topic, check out Todd’s article in the Summer 2021 issue of Surety Bond Quarterly titled, “Profiles in Character: Two Tales of Financing – The Bond Producers Role”
Hosted by:
Kat Shamapande, Director, Professional Development, NASBP and Mark McCallum, CEO, NASBP
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