We are a surety only agency that thrives on creating an unbeatable client experience! Our industry leading bond volume allows us to create programs that can be tailored to each individual client, getting them their bond faster at the cheapest cost! Below are a few reasons our clients love to work with us:
A Replevin and Counter Replevin Bond is required by state laws in various court proceedings. They are used in court cases where the plaintiff claims property is rightfully theirs and is suing the defendant to regain ownership. The Counter Replevin Bond is a counterclaim to the plaintiff’s Replevin Bond.
The cost to purchase a Replevin & Counter Replevin Bond will vary based on which bond you are purchasing. The Replevin Bond is considered a low-risk surety bond, as plaintiffs are often required by the courts to prove ownership before they can take possession. Counter Replevin Bonds are a bit higher risk and may require collateral to reduce the risk of bond loss. Typically clients must pay 1 to 3% of the required bond amount to purchase these bonds. Bonding Solutions has worked within the bond industry for the past 25 years and we do our best to bring our clients the lowest rates. Call us today to see what we can offer you.
A Replevin Bond is required by the courts for any lawsuit that involves a sales contract. The bond allows the plaintiff to take possession of the property that was used as collateral for the contract. Counter Replevin Bonds are required by the defendant in these court proceedings if the defendant is trying to stop the court proceedings. The bond allows the defendant to keep possession of the assets but holds them accountable for any damages and costs if the plaintiff wins.
To start your purchase call our office to speak with one of our bond experts. Provide us with all of the required information and paperwork. Once underwriting has approved the bond, we will issue you a signed copy.
Have more questions about Replevin & Counter Replevin Bond? Call our office today for the answers you need (877) 841 6745.Get Started
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