Kansas Garnishment Bond |
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Amount and Purpose
A plaintiff’s garnishment order allows you, as Plaintiff in a civil litigation proceeding,— prejudgment— to seize the disputed assets, wages, or property of the Defendant. The seized property is not held by you, however; it is held by a third party.
In Kansas, according to Chapter 60, Article 7, 60-705, as amended, in order for a garnishment order to take effect, you must obtain a surety bond which is double the amount of your claim; however, the presiding judge has the ability to require the surety bond to be a lesser amount.
While required of you as Plaintiff, your garnishment surety bond serves as a financial guarantee for the Defendant in case the court subsequently determines that the garnishment order was wrongly issued. The garnishment bond is required as a protection for the harm caused to the Defendant due to a wrongly issued order.
Qualifying and the Premium
Our agency offers you the garnishment bond in the amount that is required of you. Up to a $100,000 surety bond requirement, we also do so without a credit check inquiry.
An amount greater than $100,000 is subject to a further review of your surety bond application by a surety underwriter. This review will include a credit check inquiry. Approval is subject to the determination of “good credit”.
For any garnishment surety bond request, our agency will need the following from you:
- A copy of the Kansas court order stating that a garnishment surety bond is required. In lieu of the court order, a letter from your legal counsel stating the same things as would be found on a court order will suffice;
- A completed application from you. Our agency will provide you with the application via Docusign. Docusign allows you to complete, sign, and return the application to our agency electronically;
- Review of your completed application;
- Upon approval, payment of the premium.
Issuing Your Garnishment Bond
Our agency issues your garnishment surety bond along with a Power of Attorney form upon payment of the premium.
Once received by you in the mail, it is your responsibility to see that these items are signed and filed in a timely manner with the Kansas court.
Our agency will not need a copy of your signed surety bond.
Annual Renewal of the Premium
The premium for your Kansas garnishment surety bond is subject to annual renewals for as long as the court requires surety.
When the liability on your bond has been released (i.e. exoneration of your bond) please provide us with the documents demonstrating its release.
Premiums paid are earned in full; there is no refund.
AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, probate, court, and other surety bonds in Kansas and all 50 states.
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