Court or Judicial Bonds
When someone is pursuing an action in court, court bonds or judicial bonds may be required of either a plaintiff or defendant in judicial proceedings. These bonds may be used to reserve the rights of the opposing litigant or other interested parties and ensure costs related to the lawsuit or legal action can be paid. These bonds include, but are not limited to, bail bonds, appeal bonds, attachment bonds, injunction bonds and replevin bonds (which deal with possession of assets and return of assets based on court decisions).