Making An Austin Appeal Bond Affordable

July 25, 2017 by · Leave a Comment 

Need an Austin appeal bond but not sure what to do? It happens. That’s why Jurisco is always ready to help clients in Austin no matter what type of surety bond they require. The lawyer-trained staff at Jurisco knows that timeliness is of utmost importance when it comes to an appeal. Clients are able to trust Jurisco’s expertise and same-day service so they can get the most out of their appeal bonds in Austin.

What does an Appeal Bond Do?

Photo of Austin, Texas downtown skyline in mid afternoon with buildings reflecting off the water.An appeal bond is a type of surety bond used when a defendant is appealing an Austin, Texas court ruling. Other types of defendant bonds include counter replevin bond, a release of lis pendens bond, and a transfer of lien bond.

After a court issues a ruling it is expected that the ruling be upheld. This can sometimes conflict with a defendant wishing to appeal the ruling. As a compromise, the court has developed appeal bonds. The appeal bond in Austin allows a defendant to seek an appeal while still assuring the court that the ruling will be respected.

Is an Austin Appeal Bond Required?

Not every type of surety bond is mandated by a court or state ordinance but an appeal bond is required the majority of the time. Texas makes an appeal bond mandatory as a system of checks and balances on the appeal process. The defendant’s right to appeal cannot interfere with the plaintiff’s right to have the court ruling upheld.

The state of Texas also has special mandates for court bonds like appeal bonds. When a defendant fails to satisfy Austin appeal bond requirements it could put their appeal in jeopardy, as well as leave them facing a mountain of fees and fines.

How Much Does an Appeal Bond Cost?

Texas courts do not want to stand in the way of any defendant seeking an appeal. That’s why appeal bonds are used because they come with such a low costs. If surety bonds were expensive the requirement for an appeal bond could take the option to appeal off the table for most defendants. 

Having to cover the full value in one lump sum cash payment can cause difficulties for most defendants. Court surety bonds like appeal bonds are designed to avoid the necessity of large cash payments. An Austin appeal bond can cover thousands of dollars for a cost as low as $100. Low surety bond rates are a must when deciding which appeal bond company to use.

Need more information about appeal bonds in Austin? Contact Jurisco to speak with a Texas surety bond expert who can answer all your questions and help you secure the right Austin appeal bond today.

Appeal Bond Texas Uses

February 3, 2016 by · Leave a Comment 

An appeal bond in Texas is used by a defendant wishing to halt collection of a judgment until after an appeal. This surety bond must comply with appeal bond Texas statute in order to be accepted by the court. Once the appeal bond Texas requirements are met the defendant can seek an appeal without the necessity of automatic payment.

Increasing The Chance To Appeal

Texas courts recognize the rights of both the defendant and the plaintiff to appeal a judgment. There are situations, however, where

A Texas appeal bond stops the payment of money until after the appeal.

A Texas appeal bond stops the payment of money until after the appeal.

the right to appeal is fully protected but the logistics of an appeal is too much to overcome.

A small business who is taken to court over a customer injury may not have the large sum to pay all at once for the judgment. Money will be needed for the appeal. This causes defendants to settle cases instead of appealing them. Courts throughout Texas including Houston, San Antonio, Dallas, Austin, and Fort Worth deal with this on the small and large scale.

One way to overcome this hurdle is an appeal bond. The appeal bond Texas statute serves as a way for a defendant to show the court good faith. Faith that means the plaintiff will receive payment.

Cost Effective Court Bonds

The amount of a Texas appeal bond is based on the judgment value. Instead of paying the total judgment, the defendant only pays to cover a percentage of what is owed.

Working with a surety bond expert at Jurisco keeps appeal bond Texas rates low. Since they understand all the appeal bond Texas requirements they can secure the best bond at the best rate.

Securing an appeal bond is easier than paying the judgment immediately, appealing, and then having to go back to court to recover the paid judgment. Defendants who believe their appeal will be accepted have strong motive to use an appeal bond in Texas.

Dealing With Texas Surety Bond Experts

Appeal bonds are used throughout the country. As a nationwide surety bond company, Jurisco handles appeal bonds in every state. The bond experts know how to handle a Texas surety bond.

The lawyer trained staff at Jurisco knows all the appeal bond Texas ins and outs. When a defendant needs an appeal bond fast they call Jurisco. Being able to secure the appeal bond the same day is a big service to defendants who are facing a money judgment.

 
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