Litigation Financier Bond

A Litigation Financier Bond is required for businesses in Tennessee that provide funding to people involved in lawsuits. These companies give money to plaintiffs while their case is ongoing, in exchange for a portion of any settlement or judgment. The state requires this $50,000 bond to protect consumers from unethica…

Bond amount$50,000
State or jurisdictionTennessee
ObligeeState of Tennessee

Essential point: 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.

Overview

What it is.

A Litigation Financier Bond is required for businesses in Tennessee that provide funding to people involved in lawsuits. These companies give money to plaintiffs while their case is ongoing, in exchange for a portion of any settlement or judgment. The state requires this $50,000 bond to protect consumers from unethica…

Who usually needs it

Litigation financiers in Tennessee—individuals or businesses that provide non-recourse cash advances to consumers in exchange for a percentage interest in pending lawsuit settlements—must obtain this bond as required under the Tennessee Litigation Financing Consumer Protection Act (TCA § 47-16-103) to protect consumers from unfair or deceptive practices.

Pricing & timing

What to expect.

Generic pricing

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 requirements override standard pricing logic — upfront estimates are not reliable. Each appeal bond must be individually underwritten and approved by the court.

Your quote determines the actual premium.

Typical timeframe

Court application — expedited service available

Timing can change when underwriting needs more information.
Application details

How it works.

  1. Start the application

    Confirm the bond and provide applicant and business details.

  2. Review the quote

    See the terms and premium before deciding to continue.

  3. Pay and sign

    Complete the required payment and signatures.

  4. Receive the bond

    Get the issued bond and filing or delivery instructions.

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Next step

Ready to move forward?

Start the secure application with this bond already selected, or ask Ava a question before you begin.