Taking Legal Action With A Massachusetts Attachment Bond

December 19, 2017 by · Leave a Comment 

Legal action always comes with a risk. Judges expect parties to do their part to diminish risks so that court proceedings can move along without wrongful action. Leaning on surety bonds is one way they make this demand on plaintiffs and defendants. A Massachusetts attachment bond is only one example of the vast array of court surety bonds. As with other court bonds, a Massachusetts attachment bond is used for a specific purpose and need.

What is a Massachusetts Attachment Bond?

An attachment bond is a type of surety bond used by a plaintiff in a court case where they are seeking to attach property. Attachment of property occurs when the creditor requests that property owned by the debtor be either sold to the benefit of the creditor or transferred to the creditor. As one can imagine, having ownership of a property transferred from one party to another, especially when it is disputed (i.e. debtor vs creditor), can become a volatile situation.

The state of Massachusetts found the solution to this problem through attachment bonds. A Massachusetts attachment bond covers the value of the property and debt so the defendant has a safety net should the attachment later be deemed wrongful. Without a Massachusetts attachment bond in place, it is unlikely that a court would accept the attachment motion. That in turn would leave the plaintiff with one less tool at their disposal which can be very limiting for a case. The lawyer-trained staff at Jurasico understand this point.

Does the State Require Other Surety Bonds?

Attachment bonds aren’t the only type of surety bond used by the state. Massachusetts also requires surety bonds for businesses such as seller of travel bonds, mortgage broker bonds, executor bonds, and health club bonds. Additional types of court bonds include appeal bonds, garnishment bonds, transfer of lien bonds, and release of lis pendens bond.

Surety bonds are structured and designed to be cost effective for both the state, court, and end-user. Though a surety bond may be valued in the thousands or millions, the cost remains a low percentage. The Massachusetts surety bond experts at Jurisco always strive to deliver the lowest surety bond rate possible for attachment bonds and all other types of bonds required.

Can You Apply Online for a Surety Bond?

Need to start the surety bond process right away? Jurisco has an attachment bond application online when you’re ready. Have questions about applying? Jurisco is here to help. A surety bond expert can help you understand how a Massachusetts attachment bond works and why you’ll benefit. Contact Jurisco today or whenever you need a surety bond and let the professionals take care of everything you need.

Bellevue Attachment Bond Proceedings

October 30, 2017 by · Leave a Comment 

When you pick up a newspaper in Bellevue chances are there won’t be any articles about attachment bonds. Surety bonds tend not to make the headlines. Instead they operate in the background like gears in a clock. One common type of surety bond is an attachment bond. Often unnoticed by the public but never underestimated by the court a Bellevue attachment bond serves as only one example for Washington’s reliance on surety bonds.

What is an Attachment?

An attachment is a court action resulting in the legal seizure of property. A plaintiff in a case can requires the seizure of a classic car, diamond necklace, painting, or any other type of property. While the court is concerned with justice for the plaintiff it does not turn its back on the rights of the defendant. Courts thereby require a plaintiff to secure an attachment bond which covers double the value of the property being seized.

Aerial view of Bellevue, Washington where Jurisco offers Bellevue attachment bondIt’s important to note that just because a plaintiff’s appeal for an attachment is granted that does not mean the plaintiff receives possession of the property. They property is put under the care of a third-party, which is typically the sheriff’s department.

Does Every Washington City Use Attachment Bonds?

Yes, Washington as a whole uses attachment bonds as well as a great number of other surety bonds. The Washington surety bond experts at Jurisco can tell you about all the types of bonds used in the state and it’s requirements. Surety bonds are effective ways to cover court actions, take care of business license requirements, and instill public trust.

Are Surety Bonds Affordable?

The frequency in which surety bonds are employed are due in large part to being cost-effective across the board. While the Bellevue attachment bond must be valued at least twice the amount of the property value the only cost is one percent of that total. This makes a Bellevue attachment bond easy to secure even when the property value is high.

At Jurisco we work hard to keep surety bonds affordable for all our Bellevue clients. Want to know more information about Bellevue attachment bonds? Contact us and let us know what you need. Online Bellevue attachment bond applications are also available.

Knowing The Writ of Possession Texas Rules

July 22, 2016 by · Leave a Comment 

Understanding the writ of possession Texas requirements is essential before using this type of surety bond. A writ of possession Texas bond is typically used by landlords seeking to regain possession of property. If the surety bond is not filed properly, the court may delay the eviction process which can be costly.

Evictions and Writ of Possession Texas Uses

Texas State Capitol, Austin TXA writ of possession is also known as an attachment bond. The writ of possession Texas bond is a surety that guarantees the full costs and damages associated with the attachment. A landlord seeking to remove a tenant, for example, would have to cover the amount of rent owed among other court expenses.

Texas takes evictions seriously. It isn’t uncommon for cities and counties to offer resources for those facing eviction. The resources include a description of writ of possession. Taylor County’s eviction help and the Austin Tenants’ Council are just two examples of this practice.

When a tenant refuses to comply with the eviction order, a writ of possession is used to give Texas authorities’ the right to give the landlord possession. Not complying with this step can result in higher costs or even further legal hassles should the tenant sue.

Working with Jurisco is the easiest way to know that a writ of possession Texas surety bond is correct and secure.

Speaking with A Surety Bond Expert

Evictions can be a stressful experience. To limit the headaches and cost, a writ of possession Texas bond may just be the answer. Surety bond experts at Jurisco will take the time to answer any questions you may have about the surety bond and necessary steps. Jurisco also provides online bond applications to make sure you can receive the bond you need when you need it.

Contact Jurisco today to discuss writ of possession Texas surety bonds, the application process, and how to limit bond cost.

When Is An Attachment Bond Necessary?

August 19, 2015 by · Leave a Comment 

attachment bondThe judicial action of attachment may not always be the most desirable course but sometimes it’s what it takes to achieve the wanted end result. In former years the courts were more lax about attachment proceedings. After years of wrongful seizure of property the courts now hold the action to a higher standing and expect the plaintiff to protect the defendant against unlawful attachment.

State Surety Bond Requirements

Each state requires a plaintiff to post an attachment bond to cover the value of the property being seized so the defendant is not further put out by the action. The plaintiff must also show why this action is necessary. It could be because the defendant is believed to be skipping town to avoid paying a money judgement or they are rumored to be selling the property.

Right Of The Defendant

The defendant can fight the attachment in a special hearing or they can post their own surety bond which cancels out the attachment bond. While considering the right of the plaintiff to have the defendant pay the money judgment the court is still hesitant to step in before a judgement can, in fact, be reached. This is why they give the defendant ample opportunity to contest the attachment action.

An attachment bond will cover the financial value of the property being seized. Property available for attachment ranges from jewelry to automobiles. The court has restrictions against property such as tools and equipment that help provide for the defendant’s well being and that of their family. Wages may also be attached but that is generally referred to as a garnishment and requires a separate surety bond.

Using An Attachment Bond Cautiously

In a case where the defendant is expected to make a break for it before paying the judgement that the plaintiff is predicted to receive then using an attachment may be the best course. It helps the court send a message to the defendant that they should take the proceedings seriously and be committed to acting out the court ruling.

Convincing a judge that attachment is necessary may be difficult depending on the situation, but having an attachment bond ready will show the court that the plaintiff does not wish to cause the defendant financial harm.  For more answers and information, please contact the surety bond experts at Jurisco.

Writ of Attachment Bond in California

April 19, 2013 by · Leave a Comment 

Writ of Attachment Bond in California​There are many reasons why a plaintiff would seek a prejudgment Writ of Attachment Bond in a civil proceeding; and there are valid reasons why seeking to attach in a civil proceeding is not a good tactic. California has strict statutory regulations regarding a claimant seeking to attach so it is important to weigh the value of the attachment versus the costs associated with obtaining a prejudgment writ. One important consideration is that obtaining the writ will require the claimant to obtain an Attachment Bond. This article will look at this, and other important factors in obtaining a writ of attachment in California. Furthermore it will also explain the scenarios where not seeking to attach would be appropriate.

By definition: a prejudgment Writ of Attachment Bond may be used to freeze assets of a defendant while a legal action is pending. As expressed in the California Code of Civil Procedure, a claimant who files for a prejudgment writ must satisfy certain criteria: The legal action must involve a dispute over an express or implied contract (more on this below); the claim must be not less than $500; the claim must not be on real property; and the action must be based on a claim that is commercial and not personal.

As to the first provision:  It is important to note that writs of attachment are only for express or implied contracts and not for torts; such as a claim for negligence. Any by filing for the prejudgment writ of attachment a plaintiff if forgoing the option of seeking a tort remedy in the case. The decision will need to be weighed thoughtfully before pursuing a writ.

If all criteria listed above are met the plaintiff in California will be required to obtain an Attachment Bond before the courts will allow any assets to be attached. Relative to the scenario above an attachment bond is a bond given by a plaintiff seeking to attach the defendant’s property that ensures payment to the defendant of any damages suffered because of the attachment in the event the plaintiff loses the suit. Due to the time sensitive nature of many civil claims, attachment bonds can be obtained in as little as 24 hours. This will prevent the defendant from distributing assets to other states and other countries. This is important because only assets within the state where the action is filed can be attached.

For more information on attachment issues and civil court claims the knowledgeable staff at Jurisco are available to answer all your questions. If you need questions answered specifically about the bond process; the experts at Jurisco are available to guide you through the process.

How to get an Attachment Bond in California​

March 21, 2012 by · Leave a Comment 

Attachment Bond in California​A Attachment Bond in California​ is required for plaintiff’s seeking to attachment personal property before a judgment is made. The surety bond covers damages and the full cost of the attachment to protect the defendant from a financial loss. Requirements for bonding vary by California district; meaning Los Angeles may impose a higher bond amount than a court in San Francisco or vice versa.

The attachment bond is a financial fail safe if the attachment is deemed wrongful. An attachment bond will be necessary only if the plaintiff wants the action to occur before a judgment is ruled or if the defendant’s assets are in another entity’s name. Should the action be deemed wrongful the plaintiff is legally liable for any damages the action caused.

An attachment may be deemed wrongful for a variety of reasons. One example is if the attachment is for property outside of California. A Attachment Bond in California​ can only cover property in California. Attachments may also not be used on property that is necessary for the defendant’s support or be used to garnish wages. A client wishing to garnish wages would need to learn about garnishment bonds.

Working with a credible surety bond company will help you avoid using the wrong bond. Contact Jurisco to learn more about Attachment Bond in California​ or visit our attachment bond application page.

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