When a defendant seeks an appeal, while asking for a suspension of judgment collection, they are often required to secure an appeal bond first. The appeal bond Washington statute calls for a surety bond in an effort to protect the plaintiff from being wrongfully denied payment. An appeal bond also promises the court the appeal does not waste the court’s time either.
Court Approved Appeal Bonds
A Washington appeal bond can help companies facing the possibility of debt.
Judges in all Washington cities accept, and often mandate, appeal bonds. An appeal bond is a type of surety bond used by defendants who wish to not pay the judgment until after the appeal.
The appeal bond covers the amount of the judgment. Courts are allowed to add on court costs and fees when setting the Washington appeal bond amount. This allows judges in Tacoma, Bellevue, Spokane, Seattle and other Washington municipalities to make a fair appraisal of the situation.
By meeting all appeal bond Washington requirements the court will stay the judgment.
Without the deadline of payment, the defendant can seek an appeal. If the appeal is denied the Washington surety bond ensures the plaintiff receives payment. Courts tend to be satisfied with the results an appeal bond brings in Washington.
Requiring A Bond
Most of the time a defendant will seek an appeal bond in Washington first. However, there are situations where the court requires the surety bond.
When a court believes a defendant is purposefully dragging their feet, so to speak, in paying the judgement, they will intervene with the appeal bond mandate.
The reason why the appeal bond Washington statute exists is so the court and plaintiff would be ensured payment of the judgement.
Working With A Surety Bond Expert
Since Jurisco is a nationwide surety bond company they make sure to have surety bond experts serving each state. A Washington surety bond expert at Jurisco is easy to contact and do business with.
Experts understand what timeframe appeal bond Washington clients are up against. They know what the courts want to be covered by the bond. They know how to cross all the t’s and dot all the i’s so all appeal bond Washington requirements are met.
Working with an expert makes the appeal bond Washington process simple and quick. The appeal bond application can be filled out online.
Knowing all the appeal bond Washington standards helps Jurisco deliver the best bond possible. Often times the surety bond process is complete the same day the application is delivered.