Do you need a writ of possession surety bond in Alabama? Securing a surety bond in Alabama does not have to be a headache or take weeks to complete. Working with Jurisco, a nationwide surety bond company, can help you obtain an Alabama writ of possession bond today.
If you have questions about other types of surety bonds please send us a message. Or if you want to skip the questions and contact a surety bond expert to start the surety bond application process, we invite that, as well.
A writ of possession is an action taken by a plaintiff that is trying to acquire property in the defendant’s possession. As you can imagine, trying to obtain property from another party can come with a lot of drama - and in some cases, a lot of expense.
The state of Alabama really doesn’t want to clog up the court system with cases of people fighting back and forth about property. That’s why the state requires surety bonds to help clean up the court calendar and make sure property disputes are handled safely and in a timely manner.
Taken from Wikipedia’s Writ of Attachment page:
“A writ of attachment is a court order to "attach" or seize an asset. It is issued by a court to a law enforcement officer or sheriff. The writ of attachment is issued in order to satisfy a judgment issued by the court.
A prejudgment writ of attachment may be ordered in a legal action where a plaintiff has demonstrated meritorious allegations, fraud in the underlying action, or that defendant may attempt to dispose of or hide assets from the court. In this context, a prejudgment writ of attachment functions much like a temporary restraining order (TRO), which preserves the status quo pending a final resolution of the dispute. However, unlike a TRO, a prejudgment writ of attachment provides a source of financial recovery for a plaintiff. Usually, a plaintiff seeking a prejudgment writ of attachment must post a surety bond of up to two times the amount of the damages claimed by the plaintiff. Common grounds for obtaining a prejudgment writ of attachment are that a defendant has committed fraud or that a defendant is prepared to hide assets from a court.”
A Writ of Possession bond is a type of plaintiff bond that allows a plaintiff to take possession of property that is in the possession of a defendant. If the court later decides that the plaintiff must return the property in question to the defendant, the bond covers any damages and costs associated with this property transfer.
These types of bonds are commonly referred to as Temporary Restraining Order or Temporary Protective Order bonds. They are generally required as part of a Writ of Attachment order, which puts a levy on the defendant's interest in real or personal property.
The state of Alabama routinely requires a surety bond to be used when a writ of possession occurs. A writ of possession bond, also referred to as an attachment bond, satisfies this requirement.
Should you find yourself in need of this type of bond, Jurisco will work with you to make sure all the Alabama writ of possession guidelines are followed.
A writ of possession bond is secured before any seizure of property takes place. A writ of possession bond is required by a Court to safeguard either the plaintiff or defendant against a wrongful action. This surety bond financially covers possible damages.
A landlord seeking to remove a tenant may be required to use this bond, for example. If so, they would need to cover any deposit or refund that the tenant may have rights to.
The bottom line is that Alabama courts take writ of possession seriously. In order to demonstrate, that you do, as well, you have to secure a surety bond.
During the eviction process, the writ of possession allows the landlord to remove tenants. The writ of attachment is issued by a Florida court, then carried out by a local branch of law enforcement. Usually, this falls to the sheriff’s department.
The property is evicted after a 24-hour notice is given.
This not only happens for tenants renting apartments but other property, as well, including storage units.
One of the first questions Jurisco hears from clients is “how much will this surety bond cost?” We know that clients not only need the surety bond fast, but they need a low surety bond rate, too.
An Alabama attachment bond cost a minimum of $100. The premium is going to be one percent of the bond amount. It’s important to note that the bond amount will be twice the debt demanded. Like we said, the Court wants to make sure all actions are above board and requiring this bond is one way to do achieve that goal.
Jurisco is a nationwide surety bond provider that provides excellent customer service for every client. The lawyer-trained staff at Jurisco is available to answer any questions or concerns you may have about an Alabama writ of possession surety bond.
Download an attachment bond (writ of possession bond) application today. If we cannot help you today, next day service is typically available. Please contact the Jurisco team at 1-800-274-2663 or email us at [email protected] to handle all your writ of possession requirements.