(844) 589-9732

New Jersey Garnishment Bond

April 5, 2021

A New Jersey garnishment bond allows a plaintiff to seize the assets, wages, or accounts, of a defendant, prejudgment, which in turn, is held by a third party. Please call our agency today at:
844-589-9732.

 

New Jersey Garnishment Bond |

AmeriPro Surety Bonds | 844-589-9732

 

Surety Bond;  Purpose and Amount

 

A New Jersey garnishment order allows you as plaintiff to seize the assets, accounts, or wages of the defendant, prejudgment.  

Unlike an attachment surety bond, which allows you to take possession of the seized assets, with a garnishment order, the assets are held not by you the plaintiff, but instead by a third party.

A condition of the garnishment order going into effect is that you obtain a surety bond in the amount ordered by the New Jersey court.  

While the surety bond is obtained by the plaintiff, its benefit is for the defendant, in case the court subsequently determines that the garnishment order was wrongly issued. 

The presiding New Jersey court will determine the amount of surety bond required of you.

 

Qualifying and the Premium

 

Our agency offers you the NJ garnishment bond up to a $100,000 surety bond requirement, without a prior credit check inquiry.

A garnishment bond requirement greater than $100,000 is subject to the determination of “good credit” for approval.  Additionally, an underwriter may also ask you to provide supporting documentation or information.

For any garnishment surety bond, our agency needs all of the following from you:

  • A copy of the New Jersey court order stating that a garnishment surety bond is required;
  • A completed application from you.  The application can typically be sent to you via Docusign which will allow you to complete, sign, and return the application to our agency electronically; 
  • Review of your completed application according to, in part, the amount required of you;
  • Upon approval of your garnishment bond application, payment of the premium.

 

Issuing Your Bond

 

Your garnishment surety bond and a Power of Attorney form are issued to you upon payment of the first annual premium.

These items are then mailed to you.  As plaintiff, you are the principal for the bond, and therefore you’ll need to sign it before filing your bond and POA form with the New Jersey court.

Our agency does not need a copy of your signed surety bond. 

 

Annual Renewal of the Premium

 

The premium associated with your garnishment surety bond renews annually on the anniversary of your bond’s issuance for as long as the court requires surety.

Premiums paid are earned in full.

 

About Us

 

AmeriPro Surety Bonds is a surety bonds-only agency which provides license and permit, court, probate, and other surety bonds in New Jersey and all 50 states.

Please call us today at:

844-589-9732

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

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As of 2025, our minimum amount for any surety bonds is a $50,000 requirement.