Let The Iowa Lien Bond Help

November 27, 2017 by · Leave a Comment 

An Iowa lien bond can apply to removing a lien or placing a lien on a property. A lien on a property can halt the sale of property and cause its owners to incur more legal costs and fees. Liens are typically placed on property for failure of payment of services. Contractors, plumbers, electricians, etc. are living off their trade. When that trade isn’t compensated as agreed up, negative situations can arise including property liens.

Courts understand how detrimental a lien can be, so they require the plaintiff seeking a lien to cover the value. This requirement can be waived if it places an undo financial burden to pursue the lien and the unpaid funds. There’s a lot a lien bond can do and it’s important to know which one you need most. No matter if you’re trying to understand a lien bon in Des Moines, Cedar Rapids, Davenport, or Waterloo, a surety bond expert can help.

Why Does Iowa Use Surety Bonds?

Iowa stands with the rest of the nation when it comes to surety bonds because they offer a great source of protection for its residents and consumers.  Iowa surety bonds cover a wide range of services and actions from legal actions like wage garnishment to business licenses for travel agents. These surety bonds offer a legally binding agreement that protect against wrongful action.

Without surety bonds, Iowa residents would be forced to put up other sources of collateral. .For an Iowa lien bond, for example, the surety bond covers the full value of the lien. Without the bond an individual would need to offer up cash to cover the full value within a matter of hours. That is not a doable task for most.

Is A Lien Bond Always Required?

A lien bond is typically required whether you are the party seeking the lien or wishing to remove it. The only way the lien bond mandate can be waived is if the court approves it. The court can approve the waiver unilaterally or can seek the opinion of the other party (defendant or plaintiff).

Are Iowa Surety Bond Experts Available at Jurisco?         

Jurisco is a nationwide surety bond company with a team of Iowa surety bond experts serving clients across the state. Jurisco works with clients in towns large and small to make sure they receive the best Iowa lien bond experience possible. The lawyer-trained staff understand all lien bond requirements and can secure the best Iowa lien bond rate with same-day service.

Have questions about Iowa lien bonds? Contact Jurisco to speak with a bond expert about an Iowa lien bond.

Overview Of Court Bonds

January 13, 2016 by · Leave a Comment 

Court bonds are specific types of surety bonds used in court actions. Both a plaintiff and defendant may use a court bond. All states recognize this brand of surety to cover actions taken either before or after a judgment.

Goal Of A Court Surety Bond

court bondsThe reason why courts across the country accept a court surety bond is due to the bond’s ability to protect against a wrongful action. A surety bond protects a plaintiff from an action taken by the defendant and vice versa.

Typically, it is the desire of this coverage that leads courts to mandate the bond. So no matter what action either party wants to take they must secure court bonds to prove to the court that the action isn’t done with wrongful intent.

Plaintiff Court Bonds

There are several types of plaintiff bonds including the following:

  • Garnishment Bond
  • Attachment Bond
  • Injunction Bond
  • Lis Pendens Bond
  • Lost Instrument Bond

Each bond is related to a particular action. A garnishment bond, for instance, only applies to a plaintiff wishing to garnish the wages, assets, or bank account of the defendant. The same goes for the plaintiff wishing to stop the defendant from doing something. An injunction bond helps halt most actions.

Defendant Court Bonds

Some of the most common defendant bonds are:

  • Appeal Bond
  • Stay Bond
  • Counter Replevin Bond
  • Transfer of Lien Bond
  • Release of Lis Pendens Bond

Like plaintiff bonds, defendant bonds are connected by the desired action. Court bonds can be used to allow an action to happen or to stop an action already in progress. If a plaintiff, for example, uses a replevin bond to seize property, a defendant can use a counter replevin bond to regain possession.

Bail Bonds

Perhaps the most commonly thought of court bonds are bail bonds. A bail bond is when a defendant is released on bail with a promise to return to court.

Bail surety bonds are more affordable than paying the entire bail amount. Since only a small percentage of the overall bail is due with a surety bond more people are able to leave jail before their hearing.

The use of bail bonds has been called into question from time to time. In Indiana, there is discussion over whether or not cash court bonds should still be allowed. A judge in Indiana wrote an op-ed describing the benefits of court bonds.

Jurisco is staffed with surety bond experts who can answer any question about court bonds. Contact Jurisco today to start the fast court bond application process.

Claim and Delivery Bond Washington

February 25, 2012 by · Leave a Comment 

Claim and Delivery Bond WashingtonThe Toyota Prius has one of the best resell values of any car on the market in Washington. Individuals can easily put their car up for sale on internet listings, such as craigslist, and find a buyer in a day. The vehicle market mixed with the economic booster, which is the internet, turns every car owner into a potential car salesperson. It can also turn people into plaintiffs requiring a claim and delivery bond Washington.

One of the things craigslist and other car auction websites warn sellers of is fraudulent payment. Bounced checks, false money orders and contracts guaranteeing future payments can all cause problems for a person who was simply trying to sell their car. Getting cash up front is not a guarantee either as counterfeit bills can have microscopic flaws. When payment falls short the Washington courts allows the person to retrieve their property back from the person to which it was sold. Before a vehicle can be repossessed, however, the courts require a surety bond.

A claim and delivery bond is court mandated to protect the defendant (i.e. the person the plaintiff claims did not fulfill their payment obligations) from suffering an unnecessary financial loss. After all, Washington’s court system is based on innocence before proven guilty, so the courts work to protect all parties in the case. Claim and delivery bonds may also be referred to as replevin bond or a sequestration bond in Washington.

Depending on the court’s decision, a claim and delivery bond may not allow the plaintiff to reclaim the property. Instead, the property would be held by a legal entity in Washington, such as the local sheriff’s department. The claim and delivery bond covers the value of the property involved in the dispute and ensures the court the property will be returned if required.

The judge presiding over the case will set the final bond amount, but it will most likely cover the full value of the vehicle and any court cost associated with the action. A Jurisco bonding expert can explain surety bond costs further. A claim and delivery bond application may be filled out online via our bond application page. You may also contact our office today and we will gladly fax you over an application. When the car business doesn’t go your way, there’s still a chance to make it right. Jurisco guarantees our surety bonds to protect you against other financial losses.

Indemnity Sheriff Bond Indiana

February 9, 2012 by · Leave a Comment 

Indemnity Sheriff Bond IndianaIndiana law requires a member of law enforcement to have an official order of possession or writ of execution before repossessing property. The state also mandates a plaintiff to protect law enforcement in this action with an Indemnity Sheriff bond Indiana. Without this surety bond, an Indiana sheriff’s department would be vulnerable to a lawsuit from the defendant claiming wrongful seizure of property.

While law enforcement has the legal authority to repossess property, this authority does not protect them from all lawsuits. Plaintiff’s posting an Indemnity Sheriff bond prevents the agency from being financially liable for the repossession. An example of this would be a defendant having their car repossessed and then proving the plaintiff had no right to take possession. Indemnity Sheriff bonds won’t help the agency if they repossess the wrong vehicle.

On average, the cost of Indemnity Sheriff bond is based on the value of the property. The Indiana court may also include court fees. Jurisco deals with these surety bonds frequently. We can answer any question you may have about the Indemnity Sheriff bond, plaintiff bond cost and Indiana bond mandates. Contact Jurisco via email us or by calling 1-800-274-2663.

What Does A Texas Sequestration Bond Do?

January 26, 2012 by · Leave a Comment 

Texas Sequestration BondIt’s “Go big or go home” in Texas. Whether it’s big spaces in San Antonio, big stadiums in Dallas or big festivals in Austin, Texas has plenty to offer in the terms of “big.” For the most part, however, sequestration bond don’t have to go that big.

This type of surety bond allows the creditor to levy property against the party owing debt before the Texas court issues a judgment. A case may call for a sequestration bond after exhausting all other methods of attempting to repossess property. Sequestration bond covers the value of the property satisfying the court’s obligation to protect the defendant from an unnecessary financial loss.

Sequestration bond are typical in Texas when the property in question is a car. Repossessing a vehicle is sometimes necessary, however, the car is not 100% property of the plaintiff. A writ of sequestration calls for the retrieval and storage of, in this case, the vehicle by a peace officer (Sheriff’s deputy, et al). The defendant may also dispute the repossession with a counter replevin bond calling for the return of levied property.

Don’t make things too big for yourself in Texas, if you need a sequestration bond find the best surety bonding company. Jurisco handles surety bonding in every city in Texas, not just Fort Worth and Houston. Sending letters to receive payment or return of property doesn’t always work. When it doesn’t, let Jurisco know.

Court Bonds in Alabama

January 25, 2012 by · Leave a Comment 

Court Bonds in AlabamaThe plaintiff and defendant may require a court bonds in Alabama. To keep the surety bond process simple, it’s important to know which type of bond is required and the best time to use a bond. Discussing the court case with a surety bonding expert will help best determine which type of court bonds are required. You may also find some helpful information on our bonding page.

There are different types of court bonds in Alabama including plaintiff and fidelity bonds. Alabama state law mandates certain surety bonds including garnishment bonds and indemnity to sheriff bonds, while leaving the option to wave others. Clients may need to use a bond at the beginning of a court case (pre-judgment) while others are necessary only after a judgment. For example, a defendant wanting to release a lien on property and replace it with a bond uses a transfer of lien bond. A plaintiff wishing to appeal the decision but not pay a money judgment would need a stay (pending appeal) bond.

Costs of Alabama court bonds vary depending on the type of bond. An indemnity to sheriff bonds would cover the cost of the property seized by the sheriff’s department. An administrator bond covers the value of the estate. At Jurisco, we work with our clients to write the correct bond at the best price even when bad credit issues arise.

 
Call +1 (800) 274-2663 for Fast & Reliable Service Nationwide on all Surety Bonds GET A QUOTE