Appeal Bond

An appeal bond is designed to be a sum of money supplied by the appellant in a court case that is put into holding while an appeal of a case is decided.

These bonds will generally require collateral.

The appellant is the party that is appealing the lower court’s decision to a higher court. A plaintiff is the person who, in a law suit or court case, files the suit and accuses the defendant of some sort of wrongdoing.

Appeal bonds are required when the appellant decides to appeal the lower court's judgment. The bond penalty (amount) can be equal to the original judgment; however, it is generally up to two times the amount of the original judgment. The final bond penalty (amount) is determined by the individual court.

The purpose of an appeal bond is to help the court avoid unnecessary appeals that cost the court valuable time and money.