What is a surety bond in court?

A surety bond is a legal instrument used in court as a form of guarantee or insurance that the terms of a contract or court order will be fulfilled. This type of bond is typically issued by a surety company and is designed to protect the interests of the party that requires it, such as a plaintiff in a lawsuit. The bond ensures that in the event that the defendant fails to fulfill their obligations, the surety company will step in and pay the required amount to the affected party. This helps to ensure that the affected party is not left without recourse if the defendant fails to fulfill their obligations. Surety bonds are often required in a variety of legal proceedings, including civil lawsuits, criminal cases, and appeals.