An Assignee Bond guarantees that the person appointed by the court to oversee the liquidation of an insolvent debtors assets will faithfully perform his duties to creditors.  

A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal.  The Assignee Court Bond holds you accountable for your decisions. 

By possessing a Assignee Court Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your decisions.