SECURITIES AND EXCHANGE COMMISSION

                             WASHINGTON, D.C. 20549



                                    FORM 8-K


                                 CURRENT REPORT



                       Pursuant to Section 13 of 15(d) of
                       The Securities Exchange Act of 1934

                Date of report (Date of earliest event reported):

                                  July 14, 2004



                              SURETY HOLDINGS CORP.
             (exact name of registrant as specified in its charter)


  DELAWARE                         000-32311                     52-2229054
- ------------                     -------------                ----------------
(State or other                  (Commission                    (IRS Employer
jurisdiction of                   File No.)                      ID No.)
of incorporation)


                               4400 ROUTE 9 SOUTH
                              FREEHOLD, NEW JERSEY                    07728
                      ---------------------------------------       ----------
                     (Address of principal executive offices)       (Zip Code)


        Registrant's telephone number, including area code: 732-409-0113




ITEM 5.

On July 14, 2004,  Surety Holdings Corp. filed with the United States Securities
and  Exchange  Commission  Form 15 seeking to suspend  its duty to file  reports
under Sections 13 and 15(d) and terminate  registration of its securities  under
Section 12g of the Securities Exchange act of 1934.








                                    SIGNATURE

         Pursuant to the  requirements  of the Securities  Exchange Act of 1934,
the  Registrant  has duly  caused  this Report to be signed on its behalf by the
undersigned thereunto duly authorized.


                                      SURETY HOLDINGS CORP.



                                      By:  /s/ HOWARD R. KNAPP
                                           -------------------
                                           HOWARD R. KNAPP
                                           President, and
                                           Chief Executive Officer

Dated:  July 14, 2004