Did you know that an appeal bond is required by the court? An Atlanta appeal bond follows the path of other cities in the state when they mandate a defendant secure the surety bond as part of their appeal. Jurisco works regularly with clients in Georgia who need appeal bonds. Have questions about how an appeal bond in Atlanta is used? Jurisco has the answers.
One of the reasons appeal bonds remain in favor with the judicial system is their effectiveness. The court does not wish to hinder the ability of the plaintiff or defendant to appeal a decision. However, appeals made to delay justice will be called out by the court. Requiring an appeal bond is a measure of good faith to prove to the court that justice is still being served and not denied.
A surety bond is also a simple solution to the problem of staying a judgement. A company found guilty and being required to pay out millions may go out of business due to the ruling. It certainly wouldn’t have money to bring an appeal. The Atlanta appeal bond financially covers the situation so the defendant can carry out their appeal. A surety bond only recovers a small fraction of the cost paid up front.
Courts lean on appeal bonds in Atlanta because of their relative low cost. Having to pay 2% on $2 million is much less than having to pay $2 million in one lump sum. Of course, not all appeal cases are that expensive. The surety bond experts at Jurisco work with clients to determine what value the bond should covered, the length of coverage, and how to lower surety bond rates.
An Atlanta appeal bond is always the cheaper option than paying in cash. By being able to offer 100% protection it isn’t often recommended to skip out on being bonded.
Applying for a Georgia surety bond should be taken seriously. The state of Georgia does not mince words when they speak on the seriousness of surety bonds. Working with a Georgia surety bond expert makes the process a lot easier. The bond experts at Jurisco understand Atlanta appeal bond mandates to the letter. Clients always count on Jurisco to understand what a bond requires.
A few tips for securing an Atlanta appeal bond:
Jurisco understands the pressure of an appeal which is why the surety bond professionals aim to deliver a hassle free process. Contact Jurisco to learn more about using an Atlanta appeal bond in your case.