North Carolina Attachment Bond
AmeriPro Surety Bonds | 844-589-9732
Surety Bond; Purpose and Amount
A North Carolina attachment bond may alternately be referred to as a ‘plaintiff’s attachment bond’ or a ‘writ of attachment bond’.
As the name suggests, an attachment allows the Plaintiff, prejudgement, to seize the disputed assets of the Defendant.
According to North Carolina attachment statutes, the surety bond is required of the Plaintiff on behalf of and in favor of the Defendant, in case the presiding North Carolina court determines:
- That the attachment order should be dissolved or set aside;
- That the Plaintiff fails to prevail in the final court decision on the underlying case. The Defendant then is guaranteed compensation for the loss or harm caused by a wrongly issued attachment order.
There is no predetermined amount of the attachment bond; it will ultimately be at the discretion of the presiding North Carolina court.
Qualifying and the Premium
Our agency offers you the North Carolina attachment bond in the amount that the court requires of you. Up to a $100,000 surety bond requirement, we offer this bond without a credit check inquiry.
A North Carolina writ of attachment order greater than $100,000 is subject to further review by a surety bond underwriter. This review will include a credit check inquiry. To be approved at these higher amounts, good credit will also be required.
For any attachment bond, our agency will need the following from you to begin the process of issuing your bond:
- A copy of the North Carolina court order stating that an attachment surety bond is required along with the amount of the attachment;
- A completed application from you. Our agency will typically provide this application via Docusign. Docusign will allow you to complete, sign, and return the application to our agency electronically;
- Review of your surety bond application according to, in part, the amount of the surety bond required;
- Upon approval of your application, payment of the premium.
Issuing Your Attachment Bond; Filing of Your Bond in North Carolina
Our agency issues your attachment bond immediately upon payment of the premium. Your surety bond and an accompanying Power of Attorney form are sent to you by mail.
Upon receipt, you will sign your bond as Principal, and thereafter either you or legal counsel will need to see that it is filed in a timely manner with the presiding North Carolina court.
Our agency does not need a copy of the signed surety bond.
Annual Premium of the Premium
The premium for your North Carolina writ of attachment bond is subject to annual renewals of the premium for as long as the court requires surety. Premiums paid are earned in full; refunds, either in whole or in part, are not offered.
AmeriPro Surety Bonds is a surety bonds-only agency which provides non-construction contract surety bonds, license and permit bonds, and other surety bonds in North Carolina and all 50 states.
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