Bond Amount
Based on Court Requirement
Underwriting Criteria
Review of the applicant's personal credit and financial strength
Requiring Entity
County of the Superior Court in which the bond is filed
Who is Required to Secure this Bond
A Defendant Appeal bond is required of a defendant who wishes to appeal a judgment to a higher court. The defendant must obtain the bond and file it with the court to proceed with the appeal.
Why is the Bond Required
The bond is required to guarantee that the defendant will pay the judgment, interest and court fees should the court reaffirm the original judgment.
Who is Protected Under this Bond
The bond is made payable to the plaintiff and guarantees that should the higher court reaffirm the original judgment, the defendant will pay the judgment and all interest and fees incurred.
Underwriting Process
In order to apply for a Defendant Appeal bond, they following documentation must be provided:
- Completed application
- Copy of the court order indicating plaintiff’s name, defendant’s name and case number
- Personal financial statement
- Confirmation that the defendant is working with an attorney
Once this information has been received, it will be reviewed and a response as to approval will be provided within 1-2 business days.
As these bonds are considered somewhat more hazardous, the applicant will be required to provide documentation of all liquid assets and may be required to post collateral.
What you Need to do Once you Have your Bond
Once the bond has been received by the applicant, it must be filed with the court requiring the bond. The bond will remain on file with the court until it is officially released. The applicant must supply court documentation indicating that the liability under the bond has been terminated in order to have the bond cancelled.
* Please be advised that the quote you obtain for this bond may include a fee charged and retained by The Bond Exchange.