Supersedeas Bond
What is a Supersedeas Bond?
A Supersedeas Bond is a type of Court & Fiduciary bond that ensures that the appellant (the party appealing a court decision) pays the judgment amount and any related court costs if the appeal is unsuccessful.
Protects the appellee (the party that won the original court case) from financial loss if the appellant does not fulfill their financial obligations after losing an appeal.
Required by courts for appellants to file an appeal and ensure the financial interests of the appellee are protected.
Applicant’s personal information, credit history, bond amount (usually the judgment amount plus court costs), and case details.
Based on credit history and bond amount, usually 1-3% of the bond amount for applicants with good credit.
