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North Carolina Replevin Bond

November 5, 2020

A North Carolina replevin bond is a surety bond required of a Plaintiff by order of the court. Our agency provides this bond in the amount required of you, and up to $50,000, we also do so without a credit check inquiry. Please call our agency at:         844-589-9732.

North Carolina Replevin Bond

AmeriPro Surety Bonds | 844-589-9732

 

 

 

Replevin Order Bond; Amount and Purpose

 

 

 

An order of replevin or writ of attachment takes place in a civil litigation proceeding.  The action of replevin occurs when the court permits the Plaintiff, prior to a final judgment being rendered in the underlying case, to seize and take possession of the property of the Defendant.

In North Carolina, according to Article 36, §I-475, the Plaintiff, in order to have the order of replevin take effect, must obtain a surety bond that is twice the value of the property as stated in the affidavit.

While required of a Plaintiff, the purpose of the replevin bond is to guarantee that if the court subsequently determines that the action of replevin was wrongly issued, the Defendant will have the property returned to them.  

Moreover, the surety bond allows the Defendant to be compensated for the loss and harm caused by a wrongly issued order of replevin.

 

 

 

Qualifying and the Premium

 

 

 

Our agency can provide you with the North Carolina surety bond in the amount that the court requires of you.

If you require a replevin surety bond that is $50,000 or less, we can have you approved without a credit check inquiry.

If you require a replevin surety bond that is greater than $50,000, approval is granted after review by a surety bond underwriter.  The review includes a credit check inquiry.  Approval is based upon a determination of good credit, and providing any additional information requested.

For our agency to issue any replevin bond, all of the following are required:

  • A copy of the court order or the court minutes stating that a replevin surety bond is required;
  • A completed surety bond application.  The application can be sent to you via DocuSign to facilitate completion;
  • Upon approval of your application, typically subject to the amounts above, payment of the first annual premium.

Once your replevin bond premium is received, our agency issues your bond to you immediately for filing.  Included with your surety bond will be a Power of Attorney form.

Upon receipt by mail, you will both sign and file the replevin bond presiding court.

 

 

 

Annual Renewal of the Premium

 

 

 

The premium paid for your replevins surety bond is earned in full and is not refundable.  The premium renews annually on the anniversary of your bond’s issuance for as long as the court requires surety.

 

 

 

About Us

 

 

 

AmeriPro Surety Bonds is a surety bonds-only agency.  We provide license and permit, court, and other surety bonds in North Carolina and all 50 states.

We can be reached at:

 

844-589-9732

 

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

 

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