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Supersedeas Bond Form Download

Supersedeas Bond Form Download

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When a defendant loses a court trial he might want to appeal the decision to a higher court. When he does this, he might need to get a supersedeas bond more commonly known as an appeal bond. The purpose of an appeal bond is to delay payment of a judgment until the appeal is over. The bond holds the defendant liable to the other party should the appeal be unsuccessful. For example if Joe and Barbara are in a court case and the court rules in favor of Barbara and rules Joe to pay Barbara $50,000. Joe could appeal the decision to a higher court, to do this he might need to get an appeal bond. He would need to get the appeal bond in the amount of at least fifty thousand dollars to prove to the court that if he loses appeal he would have the money to pay.

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