Finance & Tax

Appeal Bond

A financial guarantee required when appealing a divorce judgment, ensuring the appealing party can pay if the appeal fails.

Understanding Appeal Bond

An appeal bond (or supersedeas bond) may be required to stay (pause) enforcement of the trial court's judgment during the appeal process. For example, if a spouse is ordered to pay a large property equalization payment, posting an appeal bond ensures the money will be available if the appeal is denied. The bond amount is typically set at the judgment amount plus estimated interest and costs. Not all divorce appeals require bonds, and courts have discretion in setting the amount.

Real-World Examples

He posted a $200,000 appeal bond to stay the property division order while his appeal was pending.

Related Terms

Motion for Reconsideration

A formal request asking the same judge to review and change a recent ruling based on new evidence or a legal error.

Trial

A formal court proceeding where a judge hears evidence and arguments from both sides and makes final decisions on all unresolved divorce issues.

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This definition is provided for educational purposes only and does not constitute legal advice. Divorce laws and terminology may vary by state and jurisdiction.

Always consult a licensed attorney in your area for advice specific to your situation.