Court bonds, also known as judicial bonds or court surety bonds, are often required in court proceedings to ensure protection from a possible loss.
Here are our most common court bonds:
- Cost bonds guarantee the payment of costs associated with appealing a lower court’s decision.
- Indemnity to sheriff bonds protect the sheriff or marshal from a suit being brought on by the party whose property is being seized.
- Plaintiff’s bonds guarantee payment of damages suffered if an action is decided in favor of a defendant.
- Attachment bonds are required before the court can seize a person’s property to secure a judgment. The attachment court bond guarantees that if the court decides against the plaintiff, the defendant will be paid any damages arising from the attachment. An attachment bond is a type of plaintiff bond.
- Replevin bonds guarantee that seized property will remain in the same condition and will not be sold or otherwise disposed of. A replevin bond is a type of plaintiff bond.
Other types of court bonds
Probate bonds, also known as fiduciary bonds, are required by the court of a fiduciary to protect any interested parties from loss resulting from any failure of the fiduciary to faithfully perform the duties and obligations required of them by law.
Our most common probate court surety bonds:
- Administrator bonds are required to protect the administration of a decedent’s estate when the decedent has died without leaving a will.
- Executor bonds are required to protect an estate against fraudulent activities of a fiduciary named by the decedent to administer the decedent’s estate.
- Conservator bonds guarantee that a conservator will be responsible for the assets and finances of a minor or incompetent who is deemed fully or partially incapable of properly handling their finances.
- Guardianship bonds guarantee that a guardian will faithfully and diligently administer a ward’s welfare, preserving the rights and assets of the minor or incapacitated person.