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Judicial Bonds

The Bond is a contract by which the obligations assumed by a person or company in a contract are guaranteed by an insurer, so that in the event of default or insolvency of the original obligor, the insurer enters as guarantor and compensates the loss caused to the affected by non-compliance.

  • Bail Bonds: guarantees that a person who is the subject of criminal proceedings with a custodial sentence, does not escape from the process and is presented to all his judicial appointments.
  • Lifting of Embargos or Oppositions: these bonds are used when a client receives an impediment to use its bank accounts and the funds are frozen or immobilized or also for a payment opposition to a debtor of the client.
  • Bond to Appeal Court Sentences: in different legal matters (such as labor) when a person or company loses in a court in the first degree and wishes to appeal to a higher court, the judge can suspend the sentence provisionally upon presentation of a bond that guarantees to the party who obtained profit from cause, the convictions in case the convicted person does not fulfil the same when the case is definitive and final.