Thank you. On that basis it is you and your mother that have legal standing to deal with the bond. Precisely what is required will depend upon the nature of the bond and how it is held but typically regardless of how it is held what is involved is the completion of a claim form produced by the institution with which it is held, the production by you of a grant of probate and an instruction (usually included on the above form) as to where to transfer the money.
Some bonds have a maturity period which prevents them form being cashed earlier than a certain date but where this applies, almost all have the option to cash in early on payment of a penalty (usually sacrificing some interest).
Meetings are all well and good but this is fundamentally a simple process and I am concerned that meetings potentially avoid the organisation commiting themselves to writing. There should be a very clear set of requirements the organsation should have (usually along the lines of the above) and it is simply a matter of complying with them. If they are refusing to pay monies out, they must provide a concise explanation of the reasons why not.
If they cannot or will not provide reasons, or ultimately despiteyour having complied with their reasonable requirements, as admiistrators you can make an application to the County Court under part 8 for an order that the funds are released together with costs and expenses. I have never experienced a situation where such an application is necessary but it is available as an option if they will not comply. The relevant claim form is below:
If I were involved I would be emailing or writing to the company asking for a concise explanation as to what requirements remain outstanding or what hurdles exist to realising the bond within 7 days and if no response is received I would follow this up with a further letter warning of 14 days notice for a part 7 application to the County Court. I do not see the need for a meeting (partiularly if they are chargin for such meetings) as under normal circumstances there is nothing to discuss in such situations. It is simply a matter of procedural paperwork.
If you require any further assistance in respect of realising the funds or in drafting any correspondence along the above lines, please do not hesitate to revert to me.
Does the above answer all your questions? If it does, I should be very grateful if you would kindly take a moment to click a rating for my service to you today. Your feedback is important to me. If there is anything else I can help with please reply back to me though