The state of Alabama routinely requires a surety bond to be used when a writ of possession occurs. A writ of possession bond, also referred to as an attachment bond, satisfies this requirement.
Should you find yourself in need of this type of bond, Jurisco will work withyou to make sure all the Alabama writ of possession guidelines are followed.
A writ of possession bond is secured before any seizure of property takes place. A writ of possession bond is required by a Court to safeguard either the plaintiff or defendant against a wrongful action. This surety bond financially covers possible damages.
A landlord seeking to remove a tenant may be required to use this bond, for example. If so, they would need to cover any deposit or refund that the tenant may have rights to.
The bottom line is that Alabama courts take writ of possession seriously. In order to demonstrate, that you do, as well, you have to secure a surety bond.
One of the first questions Jurisco hears from clients is “how much will this surety bond cost?” We know that clients not only need the surety bond fast, but they need a low surety bond rate, too.
An Alabama attachment bond cost a minimum of $100. The premium is going to be one percent of the bond amount. It’s important to note that the bond amount will be twice the debt demanded. Like we said, the Court wants to make sure all actions are above board and requiring this bond is one way to do achieve that goal.
Of course, we can!
Jurisco is a nationwide surety bond provider that provides excellent customer service for every client. The lawyer-trained staff at Jurisco is available to answer any questions or concerns you may have about an Alabama writ of possession surety bond.
Anyone interested in an attachment bond (writ of possession bond) can download an application today. Next day service is typically available. Please contact the Jurisco team at 1-800-274-2663 or email us at [email protected].