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A better way to buy legal bonds

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Bond Issued
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24 hours* later, get an email with a payment link to secure your bond.
(see FAQ for details on turnaround times)

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Nearly every legal bond is issued under 24 hours.

Easy

No back and forth, one application, one email back to pay and issue the bond.

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A better way to buy legal bonds

An executor bond is a type of probate bond frequently mandated by courts. It ensures that an appointed estate administrator manages a deceased’s assets and debts responsibly and legally. This safeguards beneficiaries against potential executor negligence or misconduct. Executor bonds are typically required unless they are waived in the will and the cost of this bond is usually a small annual premium (based on a percentage of the estate’s value). Eligibility generally requires the executor to be a legal adult, a U.S. resident, and without felony convictions or legal incapacitations.

Administrator bonds are probate surety bonds mandated by courts to ensure that an appointed administrator manages a deceased person’s estate responsibly. This is especially important when there’s no will or the executor can’t serve. This bond guarantees that the administrator will properly handle assets, debts, taxes, and distribution to heirs. This protects beneficiaries and creditors from misconduct. Administrator bonds are typically required unless waived by all heirs or if a financial institution is appointed. The bond amount is usually equal to or greater than the estate’s value (with a premium cost generally between 0.5% and 1% of the bond amount) and is often reimbursable from the estate. To be eligible for this bond, an individual must be at least 18 years old, a U.S. resident, not have felony convictions, and not be legally incapacitated.

Appeal bonds, or supersedeas bonds, are a necessary court bond when someone appeals a judgment and seeks to postpone payment. This assures that the winning party will receive payment if the appeal fails. A key aspect includes guaranteeing payment upon an unsuccessful appeal, with a cost typically ranging from 1% to 10% of the judgment. However, this is based on various factors, including potential collateral requirements matching the bond amount, an underwriting process evaluating the appellant’s financial standing, and outcome scenarios where the bond is discharged if the appeal succeeds or the surety pays if it fails, with the appellant then responsible for reimbursement.

Guardianship bonds are a type of court-required insurance that protects someone who can’t manage their own affairs, like a child or elderly person. When a person is court-appointed to care for this individual (the “ward”), the court often requires they get a guardianship bond. This bond is a promise that the guardian will do their job properly and look out for the ward’s best interests. If the guardian fails in their duties, the bond can help cover any financial losses for the ward. The cost of this bond usually ranges from 0.5% to 3% of the bond amount and usually takes into consideration the guardian’s financial situation.

Release of Lien bonds, also known as a mechanic’s lien bond or lien discharge bond, is a surety bond primarily used in the construction industry to allow property owners or contractors to remove a mechanic’s lien by replacing it with the bond. This enables a property transaction while making sure that the lienholder can still seek compensation from the surety. Key aspects include the bond’s purpose of freeing the property from the lien, the involved parties (principal, obligee, and surety), the cost (which is typically a percentage of up to 200% of the lien’s value), and the requirement of court and financial documents for the bond application.

Notary public bonds serve as a financial safeguard for the public against notary errors or misconduct and ensure the ethical and legal performance of notarial duties. They function through a three-party agreement between the notary, the state, and a surety company. They are mandated in most U.S. states as part of the notary licensing process. Notary public bonds are generally affordable bonds, often around $100 for multi-year terms.

Replevin bonds are surety bonds used in legal proceedings when a plaintiff seeks the return of personal property they believe is wrongfully held. This bond ensures that the plaintiff will return the property in its original condition if the court rules in favor of the defendant. This allows the defendant to claim against the bond for compensation if the plaintiff fails to do so. The key parties involved are the principal (the plaintiff), the obligee (the court), and the surety (the bond issuer). Typically, the bond amount is set by the court to equal the property’s value, and the plaintiff pays a premium based on factors like creditworthiness.

Injunction bonds are a type of court bond that may be required of a plaintiff before a court issues an injunction to protect the defendant should the injunction later be deemed unwarranted. The purpose of this bond is to safeguard the defendant from financial losses resulting from an unjust injunction. Injunctions can be temporary, preliminary, or permanent, each serving a distinct purpose in legal proceedings. An injunction bond is a three-party agreement involving the plaintiff (principal), the defendant (obligee), and the surety company. If the defendant incurs damages due to an unjustified injunction, they can file a claim against the bond, the surety compensates them, and the plaintiff is responsible for reimbursing the surety. The cost of the bond, determined by the court, involves the plaintiff paying a premium, determined by their creditworthiness and the specifics of the injunction. To obtain this bond, plaintiffs typically need to provide a copy of the motion or complaint, the court order approving the injunction, financial documents, and possibly collateral.

Court and probate bonds are financial guarantees mandated by courts to ensure that individuals meet their legal duties and to safeguard parties involved in legal proceedings. These bonds provide a form of security against potential financial losses resulting from non-compliance or misconduct. Court bonds are typically required during litigation like appeals or injunctions. It can help ensure adherence to court decisions and coverage of associated costs. Probate bonds, also known as fiduciary bonds, are necessary when someone is appointed to manage an estate or another person’s affairs, guaranteeing they will act in the best interests of the represented party. Ultimately, these bonds play a crucial role in the legal system by promoting accountability and offering financial protection when appointed individuals fail to uphold their legal responsibilities.

FAQ:

Are all bonds issued within 24 hours?

The vast majority of bonds are issued within 24 hours, with many being issued in a matter of minutes. For a few bonds, e.g., higher value bonds, it may be necessary to go through a more in-depth underwriting analysis. Even in those instances, we can often issue the bond within 24 hours of receiving the additional underwriting responses.

What types of bonds do you issue?

If it is related to a legal proceeding, we most likely can locate and issue a bond. For a complete list, please see [the landing page with the bonds]

Who is backing these bonds?

The surety company backing these bonds will likely be different every time depending on the size and type of bond. We only use companies that are A- or better AM Best rating to back these bonds.

Why Legal Bonds?

Our founder is an attorney who became an insurance agent and recognized a need to streamline what is often a cumbersome and time consuming activity.

Resources on info of each individual bond - What legal bond do I need?

Refer to the Legal Bond Reference Guide

Do you need a bond Tomorrow?

No more back and forth with insurance agents. Nearly universal legal bonds issued in 24 hours.

Trusted By so many people

A better way to buy legal bonds​

Traditional Providers

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Benefits of BuyLegalBonds.com:

FAST

Easy

Strong

A better way to buy legal bonds​

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A better way to buy legal bonds

A better way to buy legal bonds