What is a Garnishment Bond?
A Garnishment Bond is a surety bond required by statute if the Plaintiff intends to garnish a Defendant’s wages, assets or bank account before a judgment is made. Plaintiff bonds will cover damages should the court rule in favor of the defendant.
Bond Premiums and Bond Amounts:
Premium is 1% of the bond amount. Minimum of $100.
Bond amount will be twice (2x) the debt demanded.
Download Application: Garnishment Bond
List of states
- New Hampshire
- New Jersey
- New Mexico
- New York
- North Carolina
- North Dakota
- Rhode Island
- South Carolina
- South Dakota
- West Virginia
When is a Garnishment Bond required?
A Garnishment bond is required by statute if the Plaintiff intends to garnish a Defendant’s bank account before a judgment is made.
Why are Garnishment Bonds necessary?
The plaintiff bond guarantees that the garnishment is not filed wrongfully and will cover damages should the court rule in favor of the defendant. Statute requires surety bonds to protect the defendant from a financial loss due to wrongful garnishments. The bond amount varies by state though usually includes a provision for interest and court costs.
Jurisco offers competitive rates for Supersedeas Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
- Providing the best knowledge and service for surety bonds
- Lowest rates on all surety bonds
- Assisting clients to understand their appeal bonds rights and responsibilities
- Fast and accurate service
- Delivering solutions to bad credit applicants
Our application process is as simple as 1, 2, 3. Simply click on the appeal bond application, fill it out, email it to us with the required court documents and it’s done. Through our years of hands on experience, Jurisco understands that efficiency is imperative in the court system. We want you to have what you need, when you need it. Let’s start the process now.
Get in touch with lawyer-trained staff at Jurisco now.
The lawyer-trained staff at Jurisco understands the urgency related to defendant’s bonds and other civil court surety bonds. Other surety bond companies provide paperwork and hassles, while Jurisco specializes in solutions. Contact us by email, phone or fax to discuss your surety bonding needs today.
Click on the appropriate surety bond application to download the bond form.
Review our surety rates from the rates section, fill out the PDF application form, and submit through your email client.
Jurisco will contact you to confirm receipt of the application then begin work immediately.