Texas Writ of Sequestration Bond
What is a Texas sequestration bond?
A Texas sequestration bond is a type of court bond required when a plaintiff requests that the court seize disputed property before a final judgment is rendered.
In Texas, this writ allows the plaintiff to take possession of the property while the case is ongoing, provided they post a bond that protects the defendant from wrongful seizure. If the court later rules against the plaintiff, the bond ensures that the defendant is compensated for damages or losses.
Get Your Texas Sequestration Bond:
When is a sequestration bond required in Texas?
Texas has some of the clearest statutes in the country governing sequestration. A bond is typically required when one party requests the court’s help in taking possession of property that’s the subject of a dispute.
Common situations include:
- Creditor claims: A lender wants to seize collateral from a borrower who has defaulted.
- Property disputes: Two parties claim ownership of the same property.
- Repossession cases: A creditor or seller attempts to reclaim goods or equipment.
- Foreclosure actions: Sequestration may be requested while a foreclosure is in process.
- Court orders: Any time a Texas court grants a writ of sequestration, a bond is required before the property can be seized.
In each case, the bond serves as a safeguard to protect the opposing party if the court later determines that the seizure was unjustified.
How much does a sequestration bond cost?
In Texas, the court generally sets the bond amount, which is often equal to the value of the property being seized. For example, if the disputed property is worth $50,000, the court may require a sequestration bond for the same amount.
The amount you pay to obtain the bond can range from 1–10% of the total bond amount, depending on factors like your credit score, financial standing, and case details.
- Example: If the court requires a $50,000 bond and your premium rate is 3%, your cost would be $1,500.
ZipBonds can issue sequestration bonds for rates as low as 1% of the bond amount.
How to Get a Sequestration Bond in Texas
To obtain a sequestration bond in Texas, you’ll generally need to:
- File a sworn application with the court explaining why sequestration is necessary.
- Provide a bond (through a surety company like ZipBonds) in the amount set by the court. Here’s an example from Dallas County: Plaintiff’s Application and Affidavit for Writ of Sequestration.
- Submit any supporting documents required under Texas law before the writ is issued.
For full details on filing requirements, see the Texas Civil Practice & Remedies Code, Chapter 62.
Why choose ZipBonds for your Texas sequestration bond needs?
- Speed: Many sequestration cases are time-sensitive. We offer same-day service when possible.
- Expertise: We specialize in court and probate bonds.
- Trusted nationwide: Attorneys, contractors, and businesses rely on us for fast, reliable bonding.
- Dedicated support: Our friendly team is ready to guide you through every step.
Frequently Asked Questions About Texas Sequestration Bonds
What is a sequestration bond in Texas?
A Texas sequestration bond is a court-required bond that allows a plaintiff to take possession of disputed property before the case is resolved. The bond ensures that the defendant is protected from losses if the court later rules in favor of the plaintiff.
How much does a sequestration bond cost in Texas?
The court sets the bond amount, often equal to the value of the property. Premiums typically range from 1% to 10% of that amount, depending on the applicant’s credit and financial profile.
How quickly can I get a sequestration bond approved?
With ZipBonds, many applicants are approved the same day they apply. If a business requires a large number of these, we can set up a program where they are issued almost instantly. Courts often move fast in sequestration cases, so we prioritize speed and responsiveness.
Do I need a lawyer to obtain a sequestration bond?
While you don’t need a lawyer to apply for the bond itself, sequestration bonds are always tied to active court cases. Most applicants work with an attorney to request the writ of sequestration, then apply for the bond through us.
What’s the difference between a sequestration bond and a replevin bond in Texas?
Both bonds deal with disputed property, but there’s a distinction.
- A sequestration bond allows property to be seized and held while the case is in progress.
- A replevin bond (sometimes referred to as a writ of replevin) is used when a party seeks to recover property they claim to have rightful ownership of.
Texas courts may require either, depending on the case.
Apply for Your Writ of Sequestration Bond Today
To apply for a sequestration bond, start by completing our online application. You may be asked to provide financial documents, a copy of the court order, a plaintiff’s affidavit, or other required information.
Begin your application online or call us at (888) 435-4191. One of our agents will be happy to walk you through the process over the phone!
About ZipBonds.com
Founders Ryan Swalve and Zach Mefferd formed the vision for ZipBonds.com when they realized how overly complicated it was to help clients place surety. The frustration of being unable to incorporate the technology they’d used in other insurance-focused projects left them thinking “there has to be a better way.”
Fast forward a couple of years, and that better way is the impetus of everything we do at ZipBonds. We constantly look for innovative ways to improve the bonding process for our clients and agents. Our team comprises individuals who understand all angles of surety – for companies, agencies, and individuals. Incorporating everyone’s point of view to improve the process while simultaneously integrating cutting-edge technology is what sets our business apart.