Apply for the bond ASAP as it takes some time to get approved. The bond company will not send you the actual bond until the court orders it. Once you get it from the bond company send it back as soon as possible because Letters don't issue and the creditor's claim period does not begin to run until that bond is filed.
My colleagues have provided you with sound responses. You can begin the application process for the bond, but it cannot issue until the Court provides the amount.
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