A court bond is nothing but the bond necessary of a
party in a lawsuit (litigant) as a state for the litigant
to pursue his or her rights in court. Court Bonds are
necessary in numerous court proceedings to make certain
that one protected from possible loss because of the
result or the outcome of the proceeding. This court
bond lends a hand to find out different remedies from
the law and protect the party against the loss suffered
under litigation or the court case. Court bonds are
requisite for judicial proceedings to look for firm
remedies from the court of state and federal. It is
of two types namely: Judicial (Plaintiffs, Replevin,
Attachment, Costs on Appeal, and Indemnity to Sheriff)
and Probate (Administrators, Executors). The plaintiff
and the defendant broadly use the court bonds.