A Counter-Replevin Court Bond is necessary when a defendant wishes to regain or retain property that has been replevied. These bonds are harder to place because the property becomes the defendants property to do with as s/he wishes. This bond ensures that the property will be maintained during the time of court action.
A surety bond protects the party requesting the bond, the Obligee, against any financial losses as a result of poor financial decisions, damages, unethical decisions, or a failure to follow state and local laws on the part of you, the Principal. The Counter-Replevin Court Bond holds you accountable for your decisions.
By possessing a Counter-Replevin Court Bond, you are telling your Obligee that you can be trusted as a Principal and that you stand behind your decisions.