Lowering Dallas Injunction Bond Rates

August 21, 2017 by · Leave a Comment 

Everything’s bigger in Texas and that can include headaches over surety bonds. Convincing a court to allow an injunction is one example of how simple requests can have complicated results. Today we’re going to look at how injunction bonds in Dallas, Texas help plaintiff’s secure an injunction. A Dallas injunction bond could just be the ticket that makes the court approve the motion.

The Role of Surety Bonds in an Injunction

A plaintiff may feel they have sound reasons to request an injunction but Texas courts require more than just a feeling. The court wants to see proof that a) the injunction is necessary and b) it won’t cause undue harm.

Aerial of Dallas, TexasOne way the court works to protect the defendant against a wrongful injunction is to require the plaintiff secure an injunction bond. The Dallas injunction bond is typically valued at double the value of the injunction action. For instance, an injunction stopping the sale of property would be valued at double the property value. This way the defendant is completely covered in case a judge later deems blocking the sale wrong.

In the same way a Dallas court can require a bond, a court has the power to waive the bond’s necessity all together. While mandates are written using big umbrella language, the state understands the importance for viewing things on a case-by-case basis.

Texas and Surety Bonds

A Dallas injunction bond isn’t the only type of surety bond uses in the jurisdiction. Dallas is similar to other cities in the state in that it uses business surety bonds, court bonds, and probate and fiduciary bonds. Bonds are involved in the day-to-day government operations what with license bonds, and construction project bonds.

The state of Texas is big on surety bonds because they are quick to secure and come at a low cost. For instance, when accepting bids for roadway construction cities know that a surety bond can be afforded by both small and large businesses. This opens up the bidding to more local companies which hopefully results in local employment and more affordable prices for taxpayers.

Other types of surety bonds used in Texas are administrator bonds, seller of travel bonds, guardianship bonds, appeal bonds, and transfer of lien bonds.

Securing a Dallas Injunction Bond

The best way to avoid the headaches and the hassle of securing a Dallas injunction bond is to work with a surety bond expert. Texas surety bond experts at Jurisco understand exactly what Dallas is looking for out of an injunction bond.

Securing an injunction bond in Dallas can be done with same-day service when working with Jurisco. Bond experts know how to offer the lowest surety bond possible while far exceeding customer expectation for service and quality.

Contact Jurisco to learn more about Dallas injunction bonds and how they can help make the injunction process successful.

 
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