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People also ask
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What is a superseding bond?
A new bond that replaces another bond is called a superseding bond. The proprietor must replace an existing bond with a superseding bond in any of the following circumstances: (1) Surety company no longer acceptable.
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What is the purpose of a supersedeas bond?
A supersedeas bond (often shortened to supersedeas), also known as a defendant's appeal bond, is a type of surety bond that a court requires from an appellant who wants to delay payment of a judgment until an appeal is over. This is a feature of common law, and in particular the American legal system.
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How long does it take to get a supersedeas bond?
Sureties typically require a property appraisal, title insurance, and will discount the value of the property to account for market fluctuations. Using real estate as collateral can be a lengthy process, usually 30 to 60 days, depending on the size of the bond and type of property.
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What happens after you file an appeal for eviction in Texas?
Upon perfection of the appeal, the justice court will send all relevant documentation and money in the court registry to the county court for a "trial de novo." Unless you filed the Statement of Inability to Afford Payment of Court Costs, the county clerk will then notify you that you must pay court costs for the trial ...
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How to pay off an eviction judgement?
Once you find the landlord and get a verbal agreement on the amount owed to satisfy the judgment, make a money order for the exact amount made payable to the landlord and agree to meet to exchange your money order for a "signed and signNowd Satisfaction of Judgment" that references the exact information from your ...
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What is a supersedeas bond Texas eviction?
Obtaining a supersedeas bond (this may be referred to as an appeal bond in certain Texas cities) should be done before a ruling is made. This way the defendant is able to immediately stay the judgment and move forward with their appeal.
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How much is a supersedeas bond in Texas?
Texas requires the amount of the supersedeas bond to be equal to the judgment, interest, and court costs, but cannot exceed 50% of the judgment debtor's net worth or $25 million, whichever is less.
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How do I get help with eviction in Dallas County?
Eligible Dallas residential tenants can apply for assistance by calling the Legal Aid of NorthWest Texas Eviction Defense Line 1-855-548-8457 or by visiting Legal Aid of NorthWest Texas' website https://legalaidtx.org/.
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