Dealing with an injunction can become a messy process if mishandled. One way to create a successful course of action is to make sure it includes an injunction bond. A Spokane injunction bond is a type of surety bond covering the risk of a court accepting an injunction. By using a surety bond, Spokane clients tend to have a more successful effort in asking a judge to grant an injunction.
It’s been our experience that if you ask a judge for an injunction they are going to want to know why. Asking for the sale of property to be halted or to force a business to halt operations can have a ripple of ramifications. And that’s just two examples of how an injunction can be used.
An injunction surety bond is a source of financial protection. If a plaintiff wants to block a defendant from selling a house a judge understands that the actions leaves the defendant in a very vulnerable position. To compensate a Spokane injunction bond is used to cover the value of the sale plus any court fees. This way should the injunction a) later be reversed or b) cause unnecessary damage to the defendant the bond can be a financial resource.
Not only are injunction bonds helpful in securing the motion, they are cost-effective, too. The low cost of a Spokane injunction bond is one reason why courts depend on them so frequently. Having to pay one to two percent of the total is considerably easier than paying the full amount in cash up front. This allows people to receive thousands in protection for an expense in the hundreds.
The Washington surety bond experts at Jurisco always deliver a low surety bond rate for Spokane clients. Being well-versed in all types of Spokane injunction bond results in the lowest surety bond rate every time.
Do you need more information about Spokane injunction bonds? Contact Jurisco with any questions about a Spokane injunction bond or any other type of surety bond and receive an answer today.