Louisiana Attachment Bond

State:
Louisiana
Control #:
LA-SKU-0754
Format:
PDF
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Description

Attachment Bond A Louisiana Attachment Bond is a type of surety bond which is required by the court when a party to a civil lawsuit is seeking an attachment of property. This type of bond guarantees the defendant's payment of any judgment that may be awarded to the plaintiff. There are two types of Louisiana Attachment Bonds: the Statutory Attachment Bond and the Common Law Attachment Bond. A Statutory Attachment Bond is issued by a surety company and is required when a plaintiff seeks an attachment on real estate or certain personal property. The Common Law Attachment Bond is issued by the defendant, and is used when a plaintiff seeks an attachment on tangible personal property like cash, stocks, bonds, or other items. Both types of bonds guarantee that the plaintiff will be repaid if a judgment is awarded in their favor.

A Louisiana Attachment Bond is a type of surety bond which is required by the court when a party to a civil lawsuit is seeking an attachment of property. This type of bond guarantees the defendant's payment of any judgment that may be awarded to the plaintiff. There are two types of Louisiana Attachment Bonds: the Statutory Attachment Bond and the Common Law Attachment Bond. A Statutory Attachment Bond is issued by a surety company and is required when a plaintiff seeks an attachment on real estate or certain personal property. The Common Law Attachment Bond is issued by the defendant, and is used when a plaintiff seeks an attachment on tangible personal property like cash, stocks, bonds, or other items. Both types of bonds guarantee that the plaintiff will be repaid if a judgment is awarded in their favor.

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Louisiana Attachment Bond