You can go to our FORMS section and click on the "claim form" which has instructions on how to file a claim against a broker.
Please make sure that we carried a bond for that company in the time frame that your shipment was made.
Please follow the instructions on the Forms page for more info.

There is a $150.00 fee for each legitimate claim.
We do not break down fees for this by clerical, legal, or other fees. It is one fee.

If you read the FAQ's you should find out about any of the fees that we charge.

The BOC-3 is your destination of process agents. It basically provides you with an agent in each state to accept legal papers filed against you on your behalf. They will then send the paperwork to you.

After you apply for your Broker Authority, there will be a minimum wait of 20 days.
If your BOC-3 and BMC-85 are filed within that 20 day period then your Broker License will be granted at the end of the 20 days.
If filings do not occur until after the 20 day period then there is generally a wait of 3-5 days before the Broker License is granted from the time that the filings are completed.

Liberty National is incorporated under the laws of the State of Oklahoma and is approved by the FMCSA and DOT to provide trust fund agreements for the BMC-85 requirements in regulating Property Brokers.
We also provide you with the services of our claims department which helps to protect your money.
While a bank will pay no questions asked, we will investigate the claim to make sure it's legitimate.

Upon written request the balance of your funds will be returned in approximately 90 days after your BMC-85 is canceled providing there are no legitimate claims.

Startup brokerage companies seeking to conserve working capital can take advantage of Liberty National's Promissory Plan which requires only an initial administrative fee and an annual upkeep fee.
The $10,000 cash is replaced by a promissory note designed by Liberty National specifically for Broker Trust Agreements.
The promissory note will only be exercised when a BMC-85 has been declared in default. All efforts will be made to avoid liquidating the note. This has a required credit score.

The best plan we have to offer a new broker business is the cash accumulation plan. This plan requires an initial administrative fee to get the paperwork started. Your bond is filed so that your authority can be granted allowing you to start making money. Your bond is then to be accumulated through minimum monthly payments until the full amount of $10,000 is reached. The annual premium is 5% of the collateral that is posted by Liberty National Corporation. There is no penalty to paying off the trust early to avoid annual fee.

If a new broker has the $10,000 cash to deposit into the Trust Agreement, Liberty National can accommodate this person by offering the Cash Plan. The Cash Plan requires a low initial administrative fee to get things set up. There is no annual fee for the broker.

The FMCSA requires every regulated property or HHG Broker to maintain a surety bond or Broker Trust Fund Agreement in the amount of $10,000 in order to keep their broker authority active.

A BMC-84 is a traditional surety bond. In most cases it is secured by a person's real property, in the amount of $10,000, and filed with the FMCSA. A BMC-84 requires excellent credit and would require the selling of any real estate that was pledged against the bond in order to satisfy a freight claim. Unfortunately a regular bank does not put forth the effort to investigate fraudulant claims.

A BMC-85 provides a $10,000 Trust Fund to pay a carrier when a Broker fails to pay for a regulated load.

You are already pre-approved. Once we make sure we have all the information we need along with payment, we make the filing to the FMCSA. Your paperwork is then sent to you for signature. Upon receipt of paperwork signed and notarized we follow up with your BMC-85 so you can start brokering.

A BMC-85 is the name of a $10,000 Trust Fund Agreement approved by the FMCSA.