If you are an indemnitor and want to withdraw from a bail bond I would read your indemnitor agreement contract very carefully so you understand your agreement.
In almost all cases you will be required to, in writing, request to be removed as indemnitor of a bail bond and send this certified to your bail bond agent. Be forewarned though, in many agreements you will be required to compensate the bail agent and his team for their time in apprehending the defendant.
In a lot of cases you must put down an expected deposit before they even begin and they will itemize all expenses to be paid by you once the defendant is returned to the custody of the courts.
Many agreements which I have seen charge $150 per person plus expenses (mileage, hotel, food). A 3 man team (minimum) will rack up at $450 an hour. Your cooperation in locating the defendant for the bail agent will go a long way but still expect to be asked for a deposit and the remainder of the money before they return the defendant to the courts.
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
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.
You can approach the court and (usually via the office of the Clerk of Court) and ask about the procedure to withdraw a bond. Once it is postedm you are not required to continue to bond somone who you do not honestly feel will honor the requirements of the bail program.
One can petition the court to withdrawl from the bail bond, but it will be the judge who makes the decision. The court will be looking for reasons that impact the defendant's to appear in court, violations of court ordered conditions as well as public safety issues
Most of the time the indemnitor pays the bail bondsman. Here's how it works. Someone is arrested. Say for domestic violence. This is a very popular charge in California and the bail is usually $20,000 or $50,000. $20,000 if its a normal verbal fight with maybe a push or just verbal threats. $50,000 if there are marks such as bruises or scrapes. The cost of the bail bond goes up when there is more damage or multiple offenses over time. So we'll deal with the $20,000 domestic violence charge. The bail bonds is now $20,000, the defendant is in jail awaiting their court date. The defendant now has two choices. 1. Wait in jail until their court date. 2. Bail themself out. Normally the defendant bail's them self out by calling a friend or family member and the friend or family member calls a bail bonds company. This is where you find out who is paying the bail bondsman. When the friend or family member receives a call from the defendant, they call a bail bondsman and tell them what happened. The bail bondsman looks up the charges and the cost of the bail bonds in the computer. For this example its $20,000. A bail bondsman is regulated by the California Department of Insurance and is told to take 10% of the overall bail bond cost for their premium. This would then be $2000. At this point the friend pays the bail bondsman and signs for their responsibility also. Meaning, the signor or indemnitor is stating that they will be responsible for the defendant to go to all of their court dates until the case is over. After the defendant get's bailed out, the defendant usually pays back the indemnitor for helping them out. Only in rare scenarios does the defendant actually bail themself out and pay for their own bail bonds. For more information: visit http://www.shbailbonds.com
Bail bond Surety bond. Bail
A "secured" bail bond is one in which the ENTIRE cash amount of bail money was put up -or- the bail bond is secured in it's entire amount by the pledging of property of equal value.
Exoneration of a bail bond simply means that the defendant has been adjudicated and the bail liability has been released from the bail bond agent.When a bail bond is posted and a fee is charged by the bail agent that fee is non-refundable no matter if the charges are never filed, the defendant gets parole revoked and put back into custody, or the defendant is adjudicated.
There are nearly 12 bail bond companies in Anchorage,AK .Some of them are Break out Bail,Big fish bail,Alaska Bail Bonds etc
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.
No, but you will become liable for the full amount of the bail jumpers bond.
The indemnitor is the one that agrees to repay all costs back to the surety should the bond goes into default. The bond goes into default if you fail to perform as agreed in a contract. Since the suerty knows where all your assets are, i highly recommend that the contract be completed according to the contract that you signed.