As a Plaintiff (or, legal counsel for the same) in a civil litigation proceeding, the presiding Tennessee court may agree that your case is likely to prevail, based on the evidence presented thus far.
Consequently, the court may allow you to seize and take possession of the disputed property held by the adverse party (that is, the Defendant), before a final judgement is rendered in the underlying case. This is known as an attachment.
But for the attachment order to take effect, you must obtain a surety bond. And while the Plaintiff’s bond is required of you pursuant to Chapter 29-6-115 of the state’s statutes, as amended, the surety bond serves as a financial guarantee for the benefit of the Defendant; namely, that you’ll prosecute your case “...with effect…”
The 4 conditions which determine the amount of surety required, are laid out in Chapter 29-6-11 of Tennessee's statutes, as amended. Ultimately, the court may order the amount of the attachment bond required of you.
Our agency offers you the Tennessee attachment bond up to a $100,000 surety bond requirement, without a credit check.
An amount 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, good credit will also be required.
But for any Tennessee attachment bond order, our agency will need the following from you:
Your attachment bond and a Power of Attorney (POA) form are issued to you upon payment of the premium. We will sign your bond as Surety; upon receipt, the owner of the bond will sign as Principal.
It will be your responsibility to ensure that the completed surety bond is filed with the presiding court.
Your Tennessee plaintiff’s attachment surety bond is subject to annual renewal of the premiums for as long as the court requires surety. Premiums paid are earned in full.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit, court, probate, and other surety bonds in Tennessee and all 50 states.
Please call our agency today at:
Or, you may fill out the form below and a Surety Agent will contact you.