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Can a bail bondsman re bond out the person that forfeited on them?
Wiki User
∙ 12y ago
no
Wiki User
∙ 12y ago
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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.
How much does bail bondsman pay court?
Nothing. the court gets no money from bondsman. At least not here in california. We only pay the court for summary judgments. When the bond is forfeited and we must pay the bond. And usual court fees, but that's it.
How do bail and bail bonds work?
You put up property or pay the amount of cash required. If you show up for your court date, you get your money returned to you. If you have to hire a bailbondsman, he keeps a certain percentage of the amount as his fee. If you do not appear your bail is forfeited and you are arrested.
Can a bondsman revoke a bond for no reason?
A bail bondsman can ask the court to revoke a bond, but the judge alone has the final say whether a bail bond may be revoked.
Do you get money back from bail bondsman?
No. When posting bail (bond) you pay a bondsman an amount negotiated usually 10% of the total bail amount. Example $50,000 bail, you pay the bondsman $5,000 then put up co-lateral worth $50,000 and the bondsman is the one to pay the State/Court the balance. If the person on bail forfeits (skips out) on the bail then the collateral becomes property of the bondsman. The original $5,000 is how the bondsman earns his living.
How can you avoid losing your money if you post bail for someone and they jump bail?
You can't, it is forfeited to the court - that's what bail is all about. The mone is put up to guarantee the defendants appearance. If he doesn't appear,..... bye-bye bond money. Unless you've already experienced this betrayal by the person you posted for, it is always best to engage the services of a bail bondsman.
Can a soldier bond out a person with a drug and firearm charge?
Same as any other person- yes, if they post their bond. You need to talk to a lawyer and a bail bondsman.
If a person has a bail amount of 30 thousand dollars and a bond is 10 percent which is 3 thousand dollars how much does the person paying the bond get back if the acussed is found not guilty?
The person paying the bond does not get anything back. The purpose of paying a bond is so you don't have to come up with the full amount of the bail. The 10% that you pay a bondsman it what he earns for guarnteeing you will appear in court. If you don't appear then the bondsman loses the full amount of the bail.
How does a bail bondsman earn money?
In much the same way as an insurance company earns money. A bail bond is basically an insurance contract paid for by an arrested person to get out of jail before trial. The person pays a premium for the bond based on the amount of the bond. If the person shows up for trial, the bondsman keeps the premium. But, if the person skips town the bondsman will have to forfeit the entire amount of the bond to the state of federal government. It works like life insurance only instead of the insurer/bondsman paying the face amount of the policy on the death of the insured, the bondsman pays it on the faiure of the person to show for trial.
Is bondsman responsible for refunding your money if person to be released is not?
Bondsmen do not return your funds. Bond, or bail, is a sum of money put up to secure a person's appearance in court. Often if a person does not have adequate funds to put up the full amount of bond, a person will hire a bondsman. The bondsman will require the person to pay a small portion of the bond (usually about 10%), and the bondsman will guarantee the appearance for the court, and will put up the full sum of the bond. When the person appears for trial, the bond is returned to the bondsman. The bondsman then retains the percentage collected as payment. If you retained the services of a bondsman instead of posting the full bond, you are not due anything returned when the defendant appears.
Can a bail bondsman revoke your bond after you have been sentenced?
Yes. He put his moneyup for you, didn't he? In simple terms you 'rented' his money for your cash bond, for which he is entitled to payment for the length of time he had it 'at risk.'
Can the bail bondsman sue the bonding person for the total of the bail bond?
I believe that the terminology used in the question is mixed up. The bailbondsman IS the bonding person. If the defendant he has posted bail for absconds on him, the bond he posted is forfeited to the court, and he certainly CAN sue both the defendant AND anyone else who signed the bail contract, for the recovery of his lost bond.Another alternative is for him to send a "bail-agent" (bounty hunter) after the defendant. If he returns the absconding defendant to the court, that is the only way he can recover his money from the court, but he still may sue to recover his costs of hiring the bail agent out to recover the absconder..
