(844) 589-9732

Illinois Injunction Bond

May 11, 2020

AmeriPro Surety Bonds offers you the Illinois injunction bond in whatever amount required; and also, up to a $25,000 requirement without a credit check inquiry. Please read more and call us at 844-589-9732.

Illinois Injunction Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Surety Bond and Purpose

 

 

 

A preliminary injunction surety bond is a Court-ordered bond required by a Plaintiff in favor of Defendant(s) in a civil litigation proceeding.

In Illinois, this bond is required pursuant to the Illinois Code of Civil Procedure 735 ILCS 5/11-103.

The purpose of the preliminary injunction surety bond is to serve as a financial guarantee that in the event that the Court subsequently determines that an injunction order should not have been given against a Defendant(s), the latter may be recompensed for any financial loss or harm which occurred as a result of the injunction.

When an injunction surety bond is ordered, the granting of the injunction becomes contingent upon the procurement of the surety bond.

There is no preset amount of an injunction; rather, the Court at its discretion will inform you of the amount required of you.

 

 

 

Qualifying and the Premium

 

 

 

Our agency provides you with the Illinois injunction bond in any amount required; and, we also do so without a credit check for amounts up to and including a $25,000 surety bond requirement.

For all injunction bond requests, we require the following:

  • A Court-order mandating the injunction surety bond amount. This Order will provide most everything needed to be included on your surety bond; it is crucial that you provide us with this document from the onset as we cannot entertain your request without it;
  • A signed and completed application. The application is short and we can begin in with you over the phone; however, the application requires your signature for completion;
  • Payment of the premium. The minimum premium for the Illinois injunction bond will be $260; other amounts will depend on the amount of the injunction requested.

Applicants who require an injunction surety bond greater than $25,000 will have their application reviewed by an underwriter. The underwriter review includes a credit check inquiry.

To be approved for an injunction bond greater than $25,000, good business/and or personal credit is required; we will not be able to have your bond approved otherwise.

Depending on the amount of the bond, a financial statement may also be requested for review.

Upon approval of your application and payment of the premium, our agency issues your bond to you for filing with the Clerk of the Court.

We will sign your surety bond as Surety; you will sign it as Principal. It will be up to you to file the bond and related paperwork with the court.

 

 

 

Annual Renewal of the Premium

 

 

 

The premium associated with your injunction bond is not a onetime payment; rather, the premium renews annually for as long as the Court requires Surety.

We inform our customers to plan on paying your bond premium at least two times.  All premiums, whether paid or prepaid are earned in full and no refund, in full or part, will be offered. 

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Illinois and all 50 states.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and a Surety Agent will call you...

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