[vc_row][vc_column][vc_column_text]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.
Premium is 1% of the bond amount. Minimum of $100.
Bond amount will be twice (2x) the debt demanded.
A Garnishment bond is required by statute if the Plaintiff intends to garnish a Defendant’s bank account before a judgment is made.
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:
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.
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