For which purpose is an attachment bond specifically required?

An attachment bond is specifically required to seize a person's property to secure a judgment. This type of bond ensures that if the court allows a party to take possession of the property before the final judgment in a legal action, the bonded party will be liable for any damages that might result from that seizure. It acts as a guarantee to the defendant that they will be compensated for any losses if the court ultimately rules in their favor. By requiring an attachment bond, the court balances the right of one party to protect their interest while also safeguarding the rights of the property owner.

This concept directly aligns with the function of an attachment bond, which is to facilitate the pre-judgment seizure of property while ensuring that the plaintiff (who seeks the attachment) will be responsible if it turns out that the attachment was unjustified. Thus, the focus is primarily on securing a judgment rather than solely on collecting debts, securing collateral, or preventing property loss in a more general sense.