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Court Bonds

What are Court Bonds?
Our Agency deals with civil court bonds and can help you make the right selection.  These civil court bonds are surety bonds required by law to protect parties from harm that could result from a court ruling.  Court bonds generally fall into one of two categories, Judicial Bonds and Fiduciary/Probate Bonds.

Judicial Bonds
 
If you are involved in a lawsuit, you may need a Judicial Bond. This is a type of surety bond, or more specifically, a court bond. A surety bond is kind of like insurance; its purpose is to guarantee you will follow through on your obligations. Before entering into a civil proceeding, the court might require  you to obtain a Judicial Bond to ensure that you can pay the costs related to the legal action. If you are required to get a Judicial Bond, the court will let you know.
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Judicial Bonds can be divided into two categories:
1. Defendant Bonds
2. Plaintiff Bonds

Defendant bonds block a plaintiff’s action or postpone payment of a judgement. They generally permit the defendant to regain control of contest property or postpone the enforcement of a decree affecting rights to property. Common types of defendant bonds are Bail bonds, Appeal bonds, Counter-Replevin bonds, and Release of Lien bonds.
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Plaintiff bonds are required of plaintiffs to ensure protection of the defendant should the plaintiff lose the lawsuit. They hold the plaintiff liable for any damages that the defendant suffers due to the result of the court proceeding. Common types of plaintiff bonds are Attachment bonds, Claim and Delivery bonds, Indemnity to Sheriff bonds, Injunction bonds, and Replevin bonds.
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Probate Bonds ​is a contract comprised of three parties.
Obligee – The court ordering the bond.
Principal – As the fiduciary, you are named principal on the bond document.
Surety – The company issuing the Probate Bond.

The bond is your guarantee to the court that you’ll handle the estate following the guidelines of the will or court order
. If you fail your duties and obligations as the fiduciary, the estate’s heirs and beneficiaries can make a claim against your bond to recoup their losses.
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A Robert J Russell Companies Website
  • Home Page
  • Auto
    • Auto Quote Request
    • Auto - Doordash Delivery Drivers
    • Auto - GrubHub Drivers
    • Auto - Uber & Lyft Drivers
    • Mexico Auto - 1
    • Mexico Auto - 2
    • Auto - Texas
    • Auto - Commercial
    • Commercial Auto & Trucks
    • Classic Car Insurance
    • Rental Car Insurance
  • Home
    • Condo Insurance
    • Home, Condo & Investor Request
    • Jewelry Insurance
    • Real Estate Investor
    • Lanlord Insurance
    • Mobile Home
    • Tornado Insurance
    • Flood Insurance
    • Renters Insurance
  • Life
    • Alabama
    • Alaska
    • Arizona
    • Arkansas
    • California
    • Colorado
    • Connecticut
    • Delaware
    • Florida
    • Georgia
    • Hawaii
    • Idaho
    • Indiana
    • Illinois
    • Iowa
    • Kansas
    • Kentucky
    • Louisiana
    • Maryland
    • Massachusetts
    • Maine
    • Michigan
    • Minnesota
    • Mississippi
    • Missouri
    • Montana
    • New Hampshire
    • Nebraska
    • Nevada
    • New Jersey
    • New Mexico
    • New York
    • North Carolina
    • North Dakota
    • Oklahoma
    • Ohio
    • Oregon
    • Pennsylvania
    • Rhode Island
    • South Carolina
    • South Dakota
    • Tennessee
    • Texas
    • Utah
    • Vermont
    • Virginia
    • Washington
    • West Virginia
    • Wisconsin
    • Wyoming
    • Final Expense Quotes
    • Burial Insurance
  • Health
    • Allstate Health
    • Blue Cross - Texas Health
    • Cigna Global Health
    • Pivot Health
    • Sidecar Health
    • Senior Market
    • Telemedicine
    • Disability Quote Request
    • Health Terminology
    • Pet Insurance
    • DP Brokers
    • Spirit Dental
    • Oscar Medicare Supplement
    • Morgan White Vision
  • Business
    • Apartment, Condo, Retail Insurance
    • Real Estate E&O Insurance
    • Bonds >
      • All Bonds Search
      • Commercial Bonds
      • Contract Bonds
      • Court Bonds
    • Businesses by Occupation
    • Business Owners Policy (BOP)
    • Crime Insurance
    • Cyber Liability
    • E & O for Insurance Agents
    • General Liability
    • Identity Theft Insurance
    • Professional Liability
    • Commercial Quote - All States
    • Special Events Coverage
    • Workers Compensation
  • Group
    • Group Dental & Vision
    • Group Health - 2+ Employees
  • Contact Us
    • Schedule an Appointment
  • Resources
    • Alamo Car Rental
    • Defensive Driving
    • E-File Tax Services
    • Insurance Forms
    • Make Your Own Will
    • Meet the Team
    • News
    • Now Hiring!
    • Personal Capital
    • Preferred Vendors
    • Testimonials
    • Video