Delaware Writ of Attachment Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Amount and Purpose
As Plaintiff in a Delaware civil litigation proceeding, the court is allowing you to seize the property of the adverse party (i.e., the Defendant), prejudgment, provided that you obtain a surety bond in an amount that the court deems appropriate.
This prejudgment seizing of the disputed property is permitted because the court agrees that you are likely to prevail in your case.
While the surety bond is required of you, pursuant to Delaware Rule 3, Commencement of Action, (b)(2), as amended, this bond is for the benefit of the Defendant in case the court subsequently determines that your case was without merit.
Therefore, the writ of attachment surety bond serves as a financial guarantee, for the benefit of the defendant, that they will be properly compensated for a wrongly issued writ of attachment.
In this regard, the terms ‘writ of attachment’, ‘plaintiff’s attachment’, or ‘attachment’ may be used interchangeably.
Qualifying and the Premium
Our agency offers you the Delaware writ of attachment bond in the amount required of you by the court. Up to a $100,000 surety bond requirement, we also do so without a credit check.
An attachment bond greater than $100,000 is subject to further review of your completed application by a surety bond underwriter. This review will include a credit check inquiry. To be approved, good credit will be required.
For any attachment bond, our agency will need all of the following from you:
- A copy of the Delaware court order which states that a writ of attachment bond is required;
- A completed surety bond application. Our agency will typically provide this application to you via Docusign. Docusign will allow you to complete, sign, and return the application to our agency electronically;
- Review of your completed application, depending, in part, on the amount required of you;
- Upon approval payment of the premium due.
Issuing Your Attachment Bond
Our agency issues your attachment bond immediately upon payment of the premium. Included with your bond will be a Power of Attorney form.
It will be your responsibility to sign your surety bond, filing it along with the POA form to the presiding Delaware court.
Annual Renewal of the Premium
The premium associated with your Delaware attachment bond is subject to annual renewals for as long as the court requires surety.
Premiums paid are earned in full; refunds, either in whole or in part, are not offered.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide contract surety, license and permit, court, probate, and other surety bonds in Delaware and all 50 states.
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