Platinum Bonds Insurance Agency
Research before you apply.An Indiana Appeal Bond (also called a supersedeas bond) allows you to pause the enforcement of a court judgment while you appeal the decision. The bond guarantees that if your appeal fails, you'll pay the judgment amount plus interest, costs, and damages for delay. Bond amounts vary based on the judgment but are cappe…
An Indiana Appeal Bond (also called a supersedeas bond) allows you to pause the enforcement of a court judgment while you appeal the decision. The bond guarantees that if your appeal fails, you'll pay the judgment amount plus interest, costs, and damages for delay. Bond amounts vary based on the judgment but are cappe…
Individuals or entities who lose a court case in Indiana and wish to appeal the judgment while suspending enforcement of that judgment during the appeal process
Appeal bonds (supersedeas bonds) are required to stay execution of a judgment while an appeal is pending. Pricing Information:. Court bonds are reviewed case-by-case and must be approved before pricing can be provided. • Bond amount: Typically 100–150% of the judgment amount. • What affects pricing: Case amount, type of appeal, credit and financial strength. • Collateral: Often required (ILOC or cash collateral). • Expedited service: Available for time-sensitive appeals</…
Court application — expedited service available
Under Indiana Code § 34-49-5-3, appeal bonds in Indiana are capped at $25 million regardless of the total judgment amount. However, if the court finds that an appellant is dissipating assets outside the ordinary course of business to avoid paying the judgment, the court may require a bond equal to the full judgment amount without the cap.
No, you do not need an appeal bond to file an appeal in Indiana. However, you do need an appeal bond (also called a supersedeas bond) if you want to stay (suspend) enforcement of the judgment while your appeal is pending. Without the bond, the winning party can begin collecting on the judgment immediately through wage garnishment, bank levies, or property liens.
An Indiana appeal bond must cover the full amount of the judgment remaining unsatisfied, plus costs on appeal, interest accrued during the appeal, and damages for delay. The bond guarantees that if the appeal fails or is dismissed, the appellee (winning party) will be paid the full judgment amount along with these additional expenses.
Pin down whether this is your bond, then start the application. Ava can confirm the right state and license type if you are not sure.