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Need a Supersedeas Bond in Maryland State District Court?

Need a Supersedeas Bond in Maryland State District Court?

by admin | Aug 22, 2024 | Supersedeas Bonds

In the state of Maryland, if you want to stay the execution of a judgment pending appeal, you need to file what is called a supersedeas bond. In the various Maryland State District Courts, these bonds are regularly filed under Rule 8-422. The bond is to guarantee...
In Need of a Supersedeas or Appeal Bond in New Jersey?

In Need of a Supersedeas or Appeal Bond in New Jersey?

by admin | Jul 10, 2024 | Appeal Bonds, Supersedeas Bonds

A supersedeas bond in New Jersey, also known as an appeal bond, is an extension of credit on behalf of the judgment debtor to the judgment creditor. In theory, a non-party could appeal the decision and want a stay on behalf of another entity. The bond is bound to the...
USDC of Arizona — Is Your Bonding Company on File With the Court?

USDC of Arizona — Is Your Bonding Company on File With the Court?

by admin | Jan 18, 2023 | Court Bonds, Supersedeas Bonds

The United States District Court (USDC) for the District of Arizona requires that companies issuing and filing bonds have the signatory for the company, known as the Attorney in Fact, be on file with the court before they accept the bond. This is something you should...

Why Do Courts Require Surety Bonds Instead of Security Deposits?

by Neil Pedersen | Jul 24, 2013 | Bonding Procedures, Court Bonds, Miscellaneous Bonds, Suretyship

Why do courts require surety bonds instead of cash or security deposits from litigants, guardians, and other principals? Generally, courts do not have the capacity to manage and keep track of cash collateral or security deposits. In the past, courts have misplaced...

What is a Supersedeas Bond?

by Neil Pedersen | Jun 24, 2013 | Bonding Procedures, Court Bonds, Suretyship

This blog post intends to describe and explain one of our specialties – the supersedeas bond. When a judge rules a monetary judgment in favor of a plaintiff, the judge orders the defendant to pay the plaintiff in the amount of the judgment. However, if the defendant...

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