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North Carolina Injunction Bond

The North Carolina injunction bond is required of a plaintiff on behalf of and in favor of a defendant on whom a legal restraint has been placed. Please call AmeriPro Surety Bonds at: 844-589-9732.

North Carolina Injunction Bond |

AmeriPro Surety Bonds | 844-589-9732

 

 

Injunction Bond – North Carolina

 

 

 

An injunction bond is also referred to as a “temporary restraining order” or “preliminary injunction”.

The bond is required of a Plaintiff in a legal proceeding, who purchases it on order of the court, on behalf of a Defendant.

The court will determine the amount of surety bond required. In order for us to complete your injunction bond, our agency will need a copy of the court’s order stating the amount of bond required. This order will also provide us with other needed information (i.e. the name of the presiding court and their address).

 

 

 

Qualifying and the Premium

 

 

 

For a North Carolina injunction bond up to and inclusive of a $25,000 surety bond amount, our agency offers the bond to you immediately, and without a credit check inquiry. We will need the following from you:

  • A completed application, which we can take from you over the phone (it need not be signed by you);
  • A copy of the court order;
  • Payment of the premium.

The premium for the bond is 2% of the bond’s amount, with a minimum $100 premium.

For an injunction surety bond greater than $25,000, the following are required:

  • A completed application, which must be signed and witnessed;
  • A copy of the court order;
  • Consent to undergo a credit inquiry (good credit will be required in order to be approved);
  • Payment of the premium.

The premium, upon approval with good credit will be 2% of the bond’s amount, annually.

 

 

 

Premium Payment; Annual Renewal

 

 

 

The premium payment associated with a North Carolina injunction bond is not a onetime payment; instead, it renews annually on the anniversary of the bond’s issuance.

Options exist for all amounts to prepay your bond for up to 3 years. What this does for you besides lengthening the time between renewals is that it offers you a savings over annual renewal of your bond’s premium.

You should bear in mind, however, that should your bond be exonerated after payment of any premium amount, no refunds will be offered.

 

 

 

Purpose of Your Injunction Bond Requirement

 

 

 

The bond is required of you (or your client) as Plaintiff in case it is eventually determined by the presiding court that the Plaintiff’s actions caused the Defendant some undue harm. The bond exists to compensate the Defendant up to the bond’s amount. Please see Rule 65 for more details.

However, the bond is not insurance; it is a financial guarantee which is more akin to an extension of credit. Any payment made by the surety must be reimbursed by the Principal.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds provides court injunction bonds throughout the country. We also provide license and permit bonds of all types nationwide.

Please call our agency today at:

 

844-589-9732

 

Or, you may fill out the form below and an agent will contact you…

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

 

 

 

 

Request a Callback

  • Date Format: MM slash DD slash YYYY
  • Please note: We do not share or rent your address to anyone, except for underwriting purposes associated with your bond.
  • This helps us to find exactly the surety bond that you require. By the way, it's perfectly OK to not know the type of surety bond you need; that's why we're here!
  • This field is for validation purposes and should be left unchanged.

 

 

 

AmeriPro Surety Bonds

Our focus is exclusively surety bonds. We have two areas of concentration: YOU, our customer; and providing you with the surety bond that you need. Whether the bond is an "instant issue"; is for a contractor; a court bond; or one for a client with lower credit scores, AmeriPro Surety Bonds dedicates itself to providing our customers with a seamless, professional, and quick surety bond experience.

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