
A Minnesota attachment bond allows a Plaintiff to seize and take possession of the disputed property held by a Defendant, prejudgment. Up to a $100,000 surety bond requirement, our agency offers this bond without a credit check inquiry. Please call AmeriPro Surety Bonds at:
844-589-9732
A Minnesota plaintiff’’s attachment bond allows this party, prejudgment, to seize the disputed assets or property of the Defendant.
As a condition of the attachment order taking effect, you must procure an attachment surety bond in the amount ordered by the court.
According to Section 570.041of Minnesota state’s statutes, as amended, the court will consider the following factors in determining the amount of the attachment surety bond required:
So, while the attachment bond is required of you, the Plaintiff (or, for legal counsel, your client), the potential benefit is for the Defendant in case the court subsequently determines that the attachment order should not have been issued.
In such a determination, the bond would have already occurred to the Defendant; the surety bond, therefore, exists as a remedy --- even if only potentially -- to such damages.
Our agency offers you the Minnesota plaintiff’s attachment bond up to a $100,000 surety bond requirement without a credit check.
An attachment bond greater than $100,000 is subject to further underwriter review of your application. This review will include a credit check. To be approved, good credit will be required.
But for a MN attachment bond in any amount, our agency will need the following from you:
Our agency issues your attachment bond and a Power of Attorney form to you for filing upon payment of the first annual premium.
These items are then mailed to you. Before filing, you as Principal must sign your surety bond. Thereafter, either you or legal counsel may file your bond to the Minnesota court. Our agency will not need a signed copy of your surety bond.
The premium associated with your Minnesota attachment bond is subject to annual renewals for as long as the court requires surety.
Premiums paid are earned in full. Refunds are not offered.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, non-construction contract surety, probate, and other surety bonds in Minnesota and all 50 states.
Please call our agency today at:
844-589-9732
Or, you may fill out the form below and a Surety Producer will contact you.