American Surety Bonds Agency, LLC provides simplified and fast underwriting for Supersedeas Bonds.
What is a Supersedeas Bond?
A Bond can be required by either a state or federal court when the losing party in a lawsuit wishes to file an appeal with a higher court. The bond is used to prevent frivolous and costly appeals and ensures that if the appeal is overturned, the original judgement, plus additional court fees, will be paid. They are also referred to as Appeal Bonds.
Bond amounts are based on the judgement amount, attorney fees plus interest.
What are the underwriting guidelines?
Supersedeas Bonds are underwritten on the following criteria:
- Specifics of the Case
- Bond Obligation
- Bond Amount
- Personal Credit History
- Personal Net Worth
- Personal Assets
- Attorney Involvement
How much does the bond cost?
American Surety Bonds Agency has a number of programs in place for Supersedeas Bonds. Our 5 tiered programs start at less than 1% of the bond amount with competitive rates for all applicants.
Contact us today to find out which program you qualify for.
How do I apply for a Supersedeas Bond?
To apply for a Supersedeas bond, simply click here to complete our application. Or, give us a call and we will be happy to get you started.
Apply today, Approved Today!
Who can I contact for more information?
MM, Senior Underwriter
Are there any other bonds I might need?