- 1). File your appeal. When you do so, the judge will set the required bond amount. Under Oklahoma law, a bond executed by a licensed surety company shall be in an amount equal to the judgment amount. However, if you can show that substantial economic harm will arise from obtaining a bond of such size, the judge may choose to lower the bond accordingly. To show substantial economic harm, you must show that obtaining the bond will create a significant risk of bankruptcy.
- 2). Obtain a surety bond in the required amount. You can obtain such a bond from licensed surety companies across the state.
- 3). File the original surety bond, executed by the surety company, with the clerk in the trial court that entered the original judgment. Upon approval by the trial court, the stay will become effective and the judgment debtor must stop collections on the original judgment.
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