If you’ve received an unfavorable judgment in a Michigan court and are considering an appeal, you may be required to obtain a Michigan Appeal Bond, also known as a Supersedeas Bond. This bond ensures that the original judgment will be honored if the appeal is unsuccessful, effectively staying the enforcement of the judgment during the appellate process.
Colonial is the easy choice.
Now offering three ways to post collateral (only on required court bonds):
1. Morgan Stanley Account: We partner with Morgan Stanley to provide clients with the opportunity to generate interest on their collateral, which effectively covers the bond as annual premium payments.
2. Wire Transfer: A Wire Transfer is an electronic transfer of funds from one party to another, typically initiated by a bank or other financial institution.
3. Letter of Credit: A Letter of Credit is a document issued by a bank or other financial institution to guarantee payment from one party to another.
Colonial Surety Company is a leading provider of appeal bonds, also known as supersedeas bonds. We’re licensed in all 50 states and U.S. territories.
Watch our video to learn why you may need this bond.