A Portland supersedeas bond is very helpful to defendants and plaintiffs involved in money judgment cases. The courts rely heavily on surety bonds to cover legal actions, and appealing a money judgment is no exception. The state of Oregon takes the use of appeals and surety bonds seriously. That’s why Oregon courts lay out specific guidelines for the use of supersedeas bonds. These guidelines provide the necessary framework to serve both the defendant and the plaintiff in a case.
While it is more pleasurable to think about what happens from winning a case, it is also necessary to weigh out the other side – what if it’s a loss instead? When working on a case in Portland, Oregon, that could result in a monetary judgment, it’s wise to have the appeal process ready to go in the worst-case scenario that you need it. One step in this process is securing a supersedeas bond.
A supersedeas bond is a required surety bond when a defendant seeks to appeal a money judgment. The Portland supersedeas bond value will cover the judgment's full cost (and any legal fees the court requires). This proves to the Portland, Oregon courts that the surety bond is proper and the defendant is not seeking to cause delay.
Clients can start this bond process ahead of time to have it ready. Other attorneys or clients may have to wait because they didn’t see the verdict going against them and failed to plan ahead. Regardless of the motivation or timeframe, Jurisco delivers same-day service whenever possible for surety bonds in Portland, Oregon.
By offering same-day or next-day service, Jurisco is able to provide clients with a supersedeas bond in Portland when they need it most. The lawyer-trained staff works quickly because they understand clients' time constraints. Jurisco strives always to deliver the best bond, the lowest rate, and the fastest service.
To receive a low supersedeas bond rate, it’s best to work with a reputable surety bond provider. Jurisco is able to offer local expertise and nationwide financial services that allows Portland surety bond clients to receive the lowest surety bond rates.
Surety bond rates can be impacted by low credit scores, the court result of the money judgment, or any other special restrictions placed by the court. And there are some surety bond companies that can’t handle those roadblocks and hike up the rates as a result. Jurisco doesn’t view those situations as roadblocks, though. Jurisco works with clients to ensure they receive the best customer service, including a low surety bond rate.
The surety bond experts at Jurisco are in the position to answer every question and pull on the company’s nationwide reach to keep surety bond rates as low as possible. They can help with other types of surety bond rates, too. Jurisco specializes in defendant bonds, plaintiff bonds, license and permit bonds, and probate and fiduciary bonds.
Timeliness is important when dealing with any type of surety bond in Oregon. Delays can be costly both to the budget and to the overall strategy. Let Jurisco focus on the supersedeas bond details so you can focus on winning the appeal.
Have questions about Portland supersedeas bond rates or terms of service? Contact Jurisco today.