SECURITY – PROCEEDING AGAINST SURETIES
U.S. Bankruptcy Court for the Northern District of Ohio
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(a) Bonds. The Court, on motion or its own initiative, may order any party to file an original bond or additional security for costs in such amount and so conditioned as the Court by its order may designate. (b) Sureties. Every bond under this Rule must be secured by either: (1) A cash deposit equal to the amount of the bond, or (2) A corporation authorized by the Secretary of the Treasury of the United States to act as surety on official bonds under 19 CFR 113.37 and Treasury Department Circular 570.
(c) Persons Who May Not Be Sureties. No Clerk, Marshal, member of the Bar, or other officer of this Court shall be accepted as surety on any bond or undertaking in any action or proceeding in this Court. (d) Release of Bond or Other Security. Upon motion, the Court may order release of the original bond or other security for cause.
Last revised: May 16, 2011 37 Local Bankruptcy Rules -- Northern District of Ohio 9036-1 NOTICE BY ELECTRONIC TRANSMISSION The Clerk is authorized to send notices by electronic transmission upon written request, by an entity entitled to receive notice. Such a request shall have no effect on any service required to be made by anyone other than the Clerk. See LBR 5005-4. Enacted: May 16, 2011 38 Local Bankruptcy Rules -- Northern District of Ohio