Washington DC Injunction Bond
AmeriPro Surety Bonds | 844-589-9732
Washington DC Preliminary Injunction
At a recent court appearance concerning your civil litigation, the phrases “temporary injunction” or “preliminary injunction” may have been stated or written on the Court Order.
As the Plaintiff in a civil proceeding, and as a further condition of enjoining or restraining a Defendant(s), you may have been ordered to obtain an injunction surety bond.
Accordingly, you were also likely provided a time frame in which the bond must be filed with the Court.
The injunction surety bond in a nutshell is this: It is a financial guarantee purchased by the Plaintiff, on behalf of a Defendant(s), in case it is subsequently determined that the Plaintiff’s cause of action was without merit or unjustifiable.
Since the Defendant(s) have been enjoined – or restrained — from some activity, if this enjoining should not have occurred (now, in hindsight), the Defendant(s) can be compensated for the loss that they suffered as a result of the injunction.
Qualifying and the Premium
Our agency offers the Washington DC injunction bond in any amount required. But up to and inclusive of a $25,000 surety bond requirement, we offer the bond to you without a credit inquiry and streamlined.
The premium for your injunction bond will be 2% of the bond’s amount, or $100, whichever amount is greater.
Regardless of the amount of your injunction Order, we’ll always need the following from you:
- A copy of the Court Order which states the amount of the injunction bond required. Providing us with this Order is crucial. Besides your bond amount, the order will provide other information which will appear on your bond (i.e. Case number, parties, Court venues, etc.);
- A completed surety bond application. Applicants for the injunction bond who require a bond amount less than $25,000 do not need to sign the application — we’ll take it from you over the phone. Applicants who require an amount greater than $25,000 must sign the application and submit to a credit check inquiry;
- For applicants who require an injunction bond greater than $25,000 good credit is crucial. It will be very hard to get your injunction surety bond approved without good credit, unless you choose to back your surety bond with full cash collateral—in which case you may be able to file your cash collateral directly with the Court. This latter option would bypass the need for a surety agency.
Applicants who are approved with favorable credit at an amount greater than $25,000 will pay the standard 2% rate.
Once your injunction bond is approved, issued, and paid for, our agency issues the bond to you immediately. Upon receipt of your original bond, you’ll sign it as Principal before filing with the Clerk of the Court.
Annual Renewal of Your Premium
The premium associated with your Washington DC injunction bond is not a onetime payment, but will renew annually on anniversary of your bond’s issuance for as long as the Court requires bond.
Although the Code of the District of Columbia, § 42-3603, states that the Mayor and housing provider are not required to obtain bond in an preliminary injunction proceeding, the unstated implication is that litigants who do not fall into either category will require bond.
AmeriPro Surety Bonds is a surety bonds-only agency. We provide license and permit and injunction surety bonds in Washington D.C.
Our agency also provides surety bonds in all 50 states.
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