Court surety bonds help to protect parties from losses arising from a court decision or fraudulent actions. Court surety bonds encompass two main categories: civil court bonds and probate court surety bonds.
Civil or Judicial Court Surety Bonds
Civil court bonds are also known as judicial court surety bonds and are typically required in legal proceedings wherein one of the two parties is seeking legal relief or compensation from the other. This category is broken down into Plaintiff surety bonds and Defendant surety bonds and they provide a guarantee to the winning party that the losing party will pay or otherwise remit what is mandated by the court. Appeal Surety Bonds, Release of Mechanics Lien, Replevin Surety Bond and Injunction Surety Bond are all examples of Civil or Judicial Surety Bond types.
Probate Court or Fiduciary Surety Bonds
Probate bonds are required of parties that will be placed in charge of the assets or estate of another who is either a minor or has been declared incompetent. These bonds guarantee that the fiduciary will properly manage the finances or estate of the minor, incapacitated or deceased person. Administrator Surety Bonds and Guardianship or Conservator Surety Bonds are examples of Probate/Fiduciary Surety Bond types.
Get your Court Surety Bond today!
Whether you’re looking for probate court bonds or civil court bonds, apply for your court surety bond online with our two minute application. The bonding experts at A1SuretyBonds can help you get the bond you need for the lowest possible price. Call A1SuretyBonds at 800-737-4880, chat with us live online, or email us through our contact form.