Attachment Bonds
What is an Attachment Bond?
An Attachment Bond is used in civil litigation when a plaintiff asks the court to approve the seizure of a defendant’s assets before judgment; the bond guarantees the defendant will be compensated for losses if the judgment ultimately rules against the plaintiff.
Now offering three ways to post collateral (only on required court bonds):
1. Morgan Stanley Account: We partner with Morgan Stanley to provide clients with the opportunity to generate interest on their collateral, which effectively covers the bond as annual premium payments.
2. Wire Transfer: A Wire Transfer is an electronic transfer of funds from one party to another, typically initiated by a bank or other financial institution.
3. Letter of Credit: A Letter of Credit is a document issued by a bank or other financial institution to guarantee payment from one party to another.
Watch our video to learn why you may need this bond:
These are available for instant quote, purchase, print or e-file on your desktop or mobile device.
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Instant & Flexible
We offer a streamlined purchase process that allows you to instantly purchase bonds and insurance online.
Reach
Licensed and admitted in all U.S. states and territories.
Rating
Rated “A” Excellent by A.M. Best Company and U.S. Treasury Listed.
(NAIC #10758)
BUSINESS ADDRESS: 123 Tice Boulevard, Suite 250, Woodcliff Lake, NJ 07677.
PHONE: (201) 573-8788.
SURETY LICENSES c,f/: AL, AK, AZ, AR, CA, CO, CT, DE, DC, FL, GA, GU, HI, ID, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MN, MS, MO, MP, MT, NE, NV, NH, NJ, NM, NY, NC, ND, OH, OK, OR, PA, PR, RI, SC, SD, TN, TX, UT, VT, VA, VI, WA, WV, WI, WY.
INCORPORATED IN: Pennsylvania.
For more info about surety underwriting limitations read Circular 570 published by the U.S. Department of the Treasury.
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