[vc_row][vc_column][vc_column_text] What is a Cost Bond? A Cost Bond is a plaintiff bond that covers court costs when a party attempts to file action within a state without having residence. Not all states require this surety bond however, when they do it normally is under $2,000. Bond Premiums and Bond Amounts: Premium is 1% of […]
[vc_row][vc_column][vc_column_text] What is a Claim and Delivery Bond and is it Necessary? Also known as a Replevin or Sequestration, Claim and Delivery Bonds are required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the Claim and Delivery is deemed wrongful that the defendant be […]
[vc_row][vc_column][vc_column_text] What is a Sequestration Bond and is it Necessary? Also known as a Replevin or Claim and Delivery Bond, Sequestration Bonds are required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the replevin is deemed wrongful that the defendant be able to collect […]
[vc_row][vc_column][vc_column_text] What is a Replevin Bond? Replevin Bonds is a type of surety bond required by statute if the plaintiff seeks to levy property before a judgment is made. The bond guarantees that if the replevin is deemed wrongful, the defendant be able to collect damages. It is also known as a Sequestration or Claim and Delivery […]
[vc_row][vc_column][vc_column_text] What is an Attachment Bond? An Attachment Bond is a surety bond which guarantees the full costs and damages associated with an attachment proceeding. In the event the court rules the attachment to be wrongful, these surety bonds protect the defendant against a loss. The bond amount varies by state but usually includes a […]
[vc_row][vc_column][vc_column_text]A Garnishment Bond is a surety bond required by statute if the Plaintiff intends to garnish a Defendant’s wages, assets or bank account before a judgment is made. Plaintiff bonds will cover damages should the court rule in favor of the defendant. Bond Premiums and Bond Amounts: Premium is 1% of the bond amount. Minimum […]
[vc_row][vc_column][vc_column_text] What is a Release of Lis Pendens Bond? A Release of Lis Pendens Bond is recourse for a defendant who wishes to sell property but cannot because the plaintiff has blocked their right to sell. The bond is the defendant’s guarantee that he or she will abide by the court ruling. Bond Premiums and […]
[vc_row][vc_column][vc_column_text] What is a Transfer of Lien Bond? A Transfer of Lien Bond releases a lien from the property and replaces it with a bond to guarantee satisfaction if the court upholds the liens merit. Bond Premiums and Bond Amounts: Defendants bonds require full collateral in the amount of the bond. We only accept Cashier’s […]
[vc_row][vc_column][vc_column_text] What is a Stay Bond? A Stay Bond is similar to an injunction given that the principal is filing the bond to stop another party from doing something. The difference is that a defendant will file for a stay to keep the plaintiff from collecting on a judgment. The Stay Bond is required to […]