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.
* Defendants bonds require full collateral in the amount of the bond. We only accept Cashier’s Check or Irrevocable Letter of Credit. Exceptions can be made for large publicly-traded corporations or Insurance companies. Please contact us for the required ILOC form.
Premium amount is 1% with collateral or 2% without collateral. Minimum of $250.
Bond amount will be set by State Statute.
Counter replevin bonds are required in cases where one party is suing another for possession of property. This type of defendants bond must cover up to 1.5 times the value of the property the plaintiff is seeking. Without this bond, the defendant would have to release the property to the plaintiff.
The counter replevin bond protects the plaintiff while the court determines judgment in the case. It also serves the benefit of the defendant as it allows them to retain possession. The defendant is responsible by the court to cover all costs and damages.
Jurisco offers competitive rates for Supersedeas Bonds nationwide, fast service and a broad base of knowledge to help clients throughout the United States. We specialize in:
Our application process is as simple as 1, 2, 3. Simply click on the appeal bond application, fill it out, email it to us with the required court documents and it’s done. Through our years of hands on experience, Jurisco understands that efficiency is imperative in the court system. We want you to have what you need, when you need it. Let’s start the process now.
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The lawyer-trained staff at Jurisco understands the urgency related to defendant’s bonds and other civil court surety bonds. Other surety bond companies provide paperwork and hassles, while Jurisco specializes in solutions. Contact us by email, phone or fax to discuss your surety bonding needs today.