An appeal bond in Texas is used by a defendant wishing to halt collection of a judgment until after an appeal. This surety bond must comply with appeal bond Texas statute in order to be accepted by the court. Once the appeal bond Texas requirements are met the defendant can seek an appeal without the necessity of automatic payment.
Increasing The Chance To Appeal
Texas courts recognize the rights of both the defendant and the plaintiff to appeal a judgment. There are situations, however, where
A Texas appeal bond stops the payment of money until after the appeal.
the right to appeal is fully protected but the logistics of an appeal is too much to overcome.
A small business who is taken to court over a customer injury may not have the large sum to pay all at once for the judgment. Money will be needed for the appeal. This causes defendants to settle cases instead of appealing them. Courts throughout Texas including Houston, San Antonio, Dallas, Austin, and Fort Worth deal with this on the small and large scale.
One way to overcome this hurdle is an appeal bond. The appeal bond Texas statute serves as a way for a defendant to show the court good faith. Faith that means the plaintiff will receive payment.
Cost Effective Court Bonds
The amount of a Texas appeal bond is based on the judgment value. Instead of paying the total judgment, the defendant only pays to cover a percentage of what is owed.
Working with a surety bond expert at Jurisco keeps appeal bond Texas rates low. Since they understand all the appeal bond Texas requirements they can secure the best bond at the best rate.
Securing an appeal bond is easier than paying the judgment immediately, appealing, and then having to go back to court to recover the paid judgment. Defendants who believe their appeal will be accepted have strong motive to use an appeal bond in Texas.
Dealing With Texas Surety Bond Experts
Appeal bonds are used throughout the country. As a nationwide surety bond company, Jurisco handles appeal bonds in every state. The bond experts know how to handle a Texas surety bond.
The lawyer trained staff at Jurisco knows all the appeal bond Texas ins and outs. When a defendant needs an appeal bond fast they call Jurisco. Being able to secure the appeal bond the same day is a big service to defendants who are facing a money judgment.