(Aka: Supersedeas Bond, Defendants Appeal Bond, Appellants Bond)
An Appeal Bond serves to protect the court from frivolous appeals that can cost the court time and money. The Appeal Bond is required of a defendant who is appealing a court's judgment. The bond allows for the plaintiff to delay payment of a judgment until the appeal has been decided. The bond amount is typically the amount of the judgment but may also include interest. The bond is required to be in place while an appeal is being decided.
The typical items required to process an Appeal Surety Bond are the Original Complaint, the Original Judgment, the Notice of Appeal, a Financial Statement, along with a credit report that we pull and the bond application. Often, Appeal Bonds are collateralized.