Garageman’s Lien Bonds

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Garageman’s Lien bonds are issued in most cases the same day the request is made.  Attorneys and insurance carriers turn to International Sureties during tower disputes to release a tractor-trailer and get it back on the road.

E-mail, call, or request to be contacted by any of our Court Bond Specialists.

FAQs

Are bonds used in my state?

Yes– bonds are accepted in every state. The terms vary from state to state and a local attorney should be engaged to advise regarding the local statutes

Who does the bond benefit?

The bond runs in favor of the tow company. In exchange for the bond, the Owner will receive his equipment during the pendency of litigation

How do I get a Garageman’s Lien bond?

The short answer is to call or email Conway Marshall or Amanda Riedl. Each case is different and there is no cookiecutter solution, but a 5 minute conversation or quick email exchange will clear everything up.

What if I do not get a bond?

Without a bond, your tractortrailer will remain in possession of the tower until either 1) his invoice is paid or settled through litigation or 2) the tower conducts a Lien Sale. Proceeds from the Lien Sale would be used to pay the bill, but the units would be lost.

Garageman’s Lien bonds

 Case Study

Following an accident on I–85, ABC Towing Company arrived to the scene of spilled ice cream from an 18-wheeler on its side in wet conditions. The work began with two phases: 1) to clean up the ice cream melting on the road and 2) to right the semi and tow it to their garage for repairs.

Significant efforts were made and soon the tractor–trailer was at the garage and traffic was flowing. When ABC Towing Company delivered its bill for services to XYZ Hauling, Inc., the bill was significantly more than anticipated so the motor carrier disputed the amount with ABC. As a result, the tractor–trailer would remain with the tower until the bill for services would be paid, which put XYZ Hauling, Inc. in a difficult position.  Without access to its big rig, the company had no way to generate revenue and was left to either pay a significant bill or enter litigation.

XYZ reluctantly chose litigation, but it still did not have access to its trucking asset so it applied to the court for relief and in exchange for access to its units, XYZ posted a garageman’s lien bond with the court to secure the tower’s invoice until a compromise was reached. Several months later, a lesser sum was paid by XYZ to ABC and the bond was returned for cancellation.  In the meantime, XYZ was able to use its units.

For assistance with Garageman's Lien Bonds, please contact one of our Court Bond specialists:

Conway Marshall

Amanda Riedl

Lilla Kearney

Clark Fitz-Hugh

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