A seizure can have significant repercussions on your business, reputation, and financial stability. Whether it’s a bank account, movable property, or real estate being seized, the impact is immediate. In this context, a surety bond for lifting a seizure is a strategic solution.
This type of bond allows for the quick lifting of the seizure by replacing the seized assets with a financial guarantee. It provides you with time to contest or settle the dispute in court while retaining the use of your assets or funds.
Engaging the experts at J. Gérard Fortin & Associates ensures a swift, thorough, and legally compliant process. You protect your rights without compromising your operations or peace of mind.
The choice of surety bond depends on the type of seizure you are facing and the court’s requirements. In all cases, the goal is to guarantee the creditor that they will be compensated if the judgment is in their favor, without your assets being unnecessarily immobilized.
The experts at J. Gérard Fortin & Associates assist you in determining the most suitable bond for your situation and ensure its issuance promptly.
Used to lift a seizure when the dispute has not yet been resolved. It temporarily replaces the seized assets with an equivalent financial guarantee.
When a property is subject to seizure, this bond allows for regaining possession and avoiding prolonged immobilization of the asset pending judgment.
In a business context, this bond is often used to release bank accounts or essential equipment necessary for operations.
Sometimes, it’s necessary to adjust the bond’s amount or form according to the judge’s specific requirements. Our experts help navigate these tailored situations.
In most cases, a surety bond can be issued within 24 to 48 hours after receiving the required documents. The speed depends on the complexity of the file and the availability of supporting documents.
The bond must be approved by the judge. Our experts ensure that the document meets the required criteria, increasing the chances of acceptance without delay.
Yes. Even after a seizure has been executed, it’s possible to request a release by presenting a bond equivalent to the value of the seized assets, subject to judicial approval.