An injunction bond is a court-ordered surety bond required by the Plaintiff on behalf of a Defendant. The bond is a financial guarantee that should the Plaintiff’s lawsuit be subsequently determined to have been without merit or foundation, the Defendant can be compensated for the loss caused by the Plaintiff’s legal action.
Chapter 25, 25-1064 (6) of Nebraska’s statutes states that at the time the temporary restraining order is being undertaken, the court will decide the amount of surety bond required.
For amounts up to and including a $25,000 surety bond requirement, our agency offers you the Nebraska temporary injunction bond with streamlined processing.
What this means for you is that after providing us with a copy of the court order mandating stating the surety bond amount and completing a short surety bond application, our agency provides this bond to you immediately after payment of the premium.
Note that there is no credit check nor underwriter review for the amount up to $25,000.
Your premium will be 2% of the amount required, with a $250 minimum.
Amounts greater than $25,000 (yes – even if by $1) will have the same level of premium pricing of 2%; however, there is also a credit check review.
To be approved for this bond with a credit inquiry, an applicant will need to have good credit. Once premium is paid and the bond is issued, our agency can email a copy of your injunction surety bond. The original will be sent in the mail, and overnight delivery for an additional charge is also available upon request.
The premium associated with a Nebraska injunction bond is not a onetime payment, but renews on the anniversary of the bond’s issuance for as long as the underlying matter is active in court.
If you choose, options exist to prepay your surety bond for up to 3 years. Doing so allows for a savings over annual renewal of your premium. Bear in mind, however, that should your case be resolved before the end of the term, refunds or a prorated refund is not offered.
AmeriPro Surety Bonds is a surety bonds-only agency which provides surety bonds throughout Nebraska.
Our agency also provides court and license and permit bonds nationwide.
Please call our agency today at:
Or, you may fill out the form below and an agent will contact you...