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Delaware Injunction Bond

A Delaware injunction bond is required by a Plaintiff on behalf of a Defendant(s). Our agency offers you this surety bond without the delay of a credit inquiry for amounts up to $25,000; and for greater amounts upon approval of good credit. Please call AmeriPro Surety Bonds: 844-589-9732.

Delaware Injunction Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Injunctions/Restraining Order – Delaware

 

 

 

An injunction bond is a type of court surety bond where the Plaintiff, by order of a court, purchases a surety bond in the name of the court, on behalf of a Defendant(s). The bond is required because the Plaintiff is attempting to restrain or place an injunction on some activity of the Defendant.

The injunction bond is required in case it is later determined that the Plaintiff’s injunction against a Defendant was without merit. If this is so determined, the Defendant is allowed to file a claim against the surety bond for loss and harm due to the Plaintiff’s actions.

 

 

 

Qualifying and the Premium

 

 

 

For any Delaware injunction bond up to and including a $25,000 surety bond requirement, you are automatically approved, without a credit inquiry. The premium will be 2% of the amount required, or $100, whichever amount is greater.

What we will need for any injunction bond are all of the following:

  • A copy of the court order stating, which provides information on the injunction surety bond requirement (i.e. amount, Court case/docket number, names of parties, etc.);
  • A completed application, which we’ll begin with you over the phone. You’ll need to sign and have witnessed (not notarized) your application;
  • Payment of the associated premium.

Injunction Bond Requirement Greater than $25,000

For an injunction bond greater than $25,000, even if by $1, we will also conduct a personal or business credit inquiry. To be clear, good credit will be required for approval; and the same 2% rate is applicable.

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After your bond has been approved and payment of the premium received, our agency issues your injunction bond to you immediately. Your original bond, along with a Power of Attorney form, will be sent to you for signing as Principal and filing with the presiding court.

 

 

 

Annual Renewal of Your Premium

 

 

 

The premium associated with your Delaware injunction bond is not a onetime payment, but renews annually for as long as the court requires a surety bond.

Options exist and may be presented to you to prepay your injunction surety bond up to 3 years. Doing so saves you over annual renewals of your premium, and lengthens the time between renewals. However, should your case be resolved before the end of your bond term, prorated refunds will not be offered.

Purpose Of Your Surety Bond Requirement

Delaware Rule 65 (c)  (page 57), states under “Security”, that your surety bond is purposed for “…the payment of any costs and damages as may be incurred….by any party who is found to have been wrongfully enjoined or restrained.”

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide injunction surety bonds nationwide.

Our agency is also a provider of license and permit, probate, and other surety bonds in all 50 states.

Please call us today at:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

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AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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Office: 1 (844) 589-9732

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