We believe in holding principals and indemnitors accountable to the surety for bond claims paid by the surety. At Hammargren & Meyer, P.A., we assist our surety clients up-front in structuring their relationships – utilizing general agreements of indemnity, pledges of collateral, escrow accounts and other disbursement controls, letters of credit and similar measures. We also represent our surety clients in pursuing indemnitors, realizing upon pledged collateral, and, importantly, pursuing other third-parties to recover salvage to reimburse the surety for losses incurred.
Call Hammargren & Meyer at 952-844-9033 or e-mail our Bloomington, Minnesota office.
