Alabama Replevin Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Purpose
A replevin surety bond is required of a Plaintiff in a civil litigation proceeding. The bond is for the benefit of any Defendant(s), and, when ordered is a condition of obtaining an action of replevin.
A replevin action allows a Plaintiff to seize the real property of a Defendant(s) before a final judgment is rendered.
The surety bond requirement, therefore, is issued in case the court subsequently determines that the replevin should not have been issued. In such a determination, the bond will exist to be a financial guarantee that allows the Defendant(s) to be compensated due to the loss and harm caused due to the issuance of the replevin.
Rule 64 of the Alabama Rules of Civil Procedure details the state’s proceedings regarding the seizure of property.
Qualifying and the Premium
Our agency offers you the Alabama replevin surety bond in any amount that the court requires of you.
Up to a $50,000 surety bond requirement, we provide you this bond without a credit check inquiry. Amounts greater than $50,000 are issued to you on approval of good credit.
Regardless of the amount your surety bond requirement, our agency will need the following from you:
- A copy of the court order which states that a replevin surety bond is required. This order is crucial because besides demonstrating the need for this bond, it also provides us with practically all of the information to be included on your surety bond;
- A signed and completed application. To facilitate ease of meeting this requirement, the application can be sent to you by DocuSign;
- Review of your application by a surety bond underwriter for a replevin surety bond greater than $50,000;
- Upon approval of your bond payment of the first annual premium.
Once the premium for your replevin surety bond has been paid, our agency issues you a Power of Attorney form to accompany your bond for filing.
We will sign your bond as surety; and you will sign your bond as Principal. All completed documents will be filed by you to the presiding court.
Annual Renewal of the Premium
The premium associated with your Alabama replevin surety bond renews annually on the anniversary of your bond’s issuance for as long as the Court requires surety.
AmeriPro Surety Bonds is a surety bonds-only agency which provides court-related surety bonds in all 50 states.
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