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Old 12-04-2008, 09:55 AM
lifeisgood lifeisgood is offline
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Join Date: Sep 2008
Posts: 109
Default Appeal Bond

An Appeal Bond is guarantee of payment of the original judgment of a court. When a judgment is appealed, a bond is usually required to guarantee that if the appeal is unsuccessful, funds would be available to pay the original judgment as well as costs of the appeal. This serves to discourage an individual from appealing merely to stall for time or for frivolous reasons.
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