The Bar Plan specializes in court fiduciary and court judicial guarantee bonds. We offer a full range of probate and other court bonds at competitive rates, underwritten by experienced, knowledgeable underwriters. Our underwriters understand the urgency and special requirements associated with legal proceedings and work with you to meet your unique needs.
A general term embracing all bonds and undertakings required of participants in a lawsuit permitting them to pursue certain remedies in the courts.
A bond filed with a court by a party against whom a judgment has been rendered, in order to stay execution of the judgment pending appeal to a higher court. The bond guarantees that the judgment will be satisfied if determined to be correct.
An injunction is a judicial process whereby the defendant is required to perform or refrain from performing a particular act. An order granting an injunction may be conditioned upon the plaintiff furnishing a bond to indemnify the defendant against loss in case it finally is decided that the injunction should not have been granted.
When an injunction has been issued, the court may order the injunction dissolved upon the giving of a bond. The bond is conditioned to pay damages the plaintiff may sustain as a result of the performance of the act or acts originally forbidden or ordered by the court if it is decided the injunction was proper. The defendant then may proceed as if the injunction never had been issued.
Replevin is an action to recover possession of specific articles of personal property. The Replevin Bond, which the plaintiff is required to furnish, is conditioned for the return of the property, if return is ordered, and for the payment of all costs and damages adjudged to the defendant.
A bond to supersede or take the place of a judgment. (See also Appeal Bond.)