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Does a Plaintiff Attachment Bond Protect Assets?

Lawyers sit in a courtroom

A Plaintiff Attachment Bond is required during lawsuit when a plaintiff wants to secure the defendant's assets before a final judgement.

This keeps the defendant from selling or hiding personal property that could be used to pay damages if the court rules in the plaintiff's favor. If the court rules in the defendant's favor, the defendant will be paid any damages that may have incurred as a result of the attachment.

Each state has its own laws that determine what property is allowed to be attached, the defendant's rights to be notified of the attachment proceedings and the procedure for the attachment.

How Much Will This Bond Cost?

The premium that you pay for a Plaintiff Attachment Bond is dependent on the court determined amount for the attachment

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