Supercedeas Bond

[h2o]

What is a supercedeas bond?

[lifeisgood]

A supersedeas bond is a type of surety bond that a court requires from an appellant who wants to delay payment of a judgment until the appeal is over.

[h2o]

Originally Posted by lifeisgood

A supersedeas bond is a type of surety bond that a court requires from an appellant who wants to delay payment of a judgment until the appeal is over.

Is there a difference between a Supercedeas Bond and an Appeal Bond? Or are they the same thing?

[lifeisgood]

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.