[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 […]
[vc_row][vc_column][vc_column_text] What is a Counter Replevin Bond? In civil court cases, a counter replevin bond is required as a guarantee that the defendant will surrender the property, or its equivalent value, to the plaintiff should the court rule in the plaintiff’s favor. Bond Premiums and Bond Amounts: * Defendants bonds require full collateral in the […]
[vc_row][vc_column][vc_column_text] What is an Supersedeas / Appeal Bond? After the court renders a money judgment in a case, the defendant has the ability to appeal the ruling to a higher court. Also known as an Appeal Bond, Supersedeas Bonds are required by the courts before the filing of an appeal. The bond guarantees that if […]
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Money Judgment Appeals are typical across the United States in a variety of circumstances. A plaintiff may seek damages in an automobile accident, loan repayment, or even medical bills. There are also suits where courts award plaintiffs large sums of money, often millions of dollars, for safety hazards, product mishaps, and defamation of character. No […]