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What else can I help you with?
Is the person who hires a bail bondsman responsible for the whole bail amount if the defendant fails their obligation?
When a Bail Bond Company writes a bond, they are responsible for the bond amount if the defendant fails to appear. The indemnitor (person who gives collateral for the bond) is responsible to the extent that they will lose whatever they gave the bondsman for collateral if the bond is forfeited. That is why bond agencies try to find the defendant and bring him to jail before the bond forfeiture hearing, so they do not have to pay the courts the amount of the bond. Bond companies pay the courts in CASH regardless of what type of collateral was used for the bond.
Can bail bondsman take my property?
Bail bondsmen cannot take your property unless you have agreed to use it as collateral for the bail bond. If you fail to appear in court and the bond is forfeited, the bail bondsman may seek to recover the amount from the collateral you provided. However, they cannot unilaterally seize your property without a legal process. Always read the terms of your bail agreement carefully to understand your rights and obligations.
Can you pay ten percent of bond to get out of jail if no detainer?
yes, ten percent and collateral that is worth the amount of the bail.
How can you get a bail bondsman to work with you if you don't have all the money needed?
You can get a bail bondsman to work with you if you don't have all the money needed by offering up collateral. Collateral such as a home or car can be used to make up the difference of the bond in most cases.
Can the indemnitor of a bail bond revoke the bail bond?
An indemnitor has no standing as fare as the bond is concerned. His main responsibility is to guarantee that the defendant will appear in court and if that individual does not appear the indemnitor will then become the primary guarantor for the face value of the bond. If the indemnitor wants to withdraw from such responsibility he could contact the bail agency and request to be removed as guarantor on the bond. The bail agency at that point can choose to revoke the bond since the indemnitor is no longer willing take responsibility. The indemnitor will have to pay the cost involved with surrendering the defendant. What you need to remember is that the indemnitor is like the collateral on the bond if such collateral doesn't exists then the bond agency has no choice but to revoke the bond. for more information on surety bail bonds go to http://www.bailbondslocal.com/What-Bail.php Thank you, Andrew Sterling Sterling Bail Bonds
Do you need a bail bondsman for an unsecured bond?
No, you do not need a bail bondsman for an unsecured bond. An unsecured bond means that the defendant is released without having to pay upfront, although they are still responsible for the full amount if they fail to appear in court. Since no cash or collateral is required initially, a bail bondsman is not involved in the process.
What is a collateral bond?
"What is a collateral bond?"
Your husband has a 200000.00 bail bond no one will help what else can you do?
If no one is able to help with the bail bond, there are a few potential options. You could look into hiring a bail bondsman who can pay the bond for a fee. Alternatively, you could try to negotiate with the court for a lower bail amount or explore the possibility of a property bond if you have assets that can be used as collateral. Finally, you can seek legal advice from an attorney who may have other strategies or suggestions.
How do you pay bail money when someone is arrested?
When someone is arrested, bail money can be paid in cash, through a bail bond company, or by using property as collateral. Bail is a set amount of money that allows the arrested person to be released from jail until their court date.
What is property bond?
A property bond is a type of bail bond where the value of real estate is used as collateral to secure a defendant's release from custody. If the defendant fails to appear in court, the property may be forfeited to cover the bond amount.
What types of bail bonds are there?
Collateral or cash bond (actual cash posted or pledged) -Surety or Bail bond where the bond is furnished by a third party who (usually for a fee) pledges their own assets to cover the cost - and,Property bond where assets (e.g.: property - business - vehicle - anything of value which can be converted to cash) is liened by the court for the defendant's release.
What is the difference between a secured and unsecured bond when posting a bond to get out of jail?
A secured bond requires collateral to be pledged to cover the bond amount if the defendant fails to appear in court. An unsecured bond does not require collateral, but the defendant may owe the full amount if they do not appear in court as required.
