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What is the failure to appear bond amount for the defendant in this case?
The failure to appear bond amount for the defendant in this case is 5,000.
In VA if the amount being sued exceeds the amount the auto insurance covers what will the defendant be responsible for paying if the defendant owns no real propery and has no assets but is employed?
Wages will be garnished.
What is the difference between the current balance and statement balance on a credit card?
The current balance on a credit card is the total amount you owe at any given time, including recent transactions. The statement balance is the amount due at the end of the billing cycle, which may not include recent purchases or payments.
Does a deficiency balance include interest?
A deficiency balance typically does not include interest unless specified by the terms of the loan or agreement. It generally refers to the amount owed after a collateral asset has been repossessed or sold, minus the amount received from the sale. However, if the agreement states that interest can be added to the deficiency balance, it may include accrued interest as well. Always check the specific terms of the contract for clarification.
What is Request of entry of default?
When a person (the plaintiff) sues someone (the defendant), the defendant gets a certain amount of time to respond to the lawsuit (times vary by state). If the defendant does not respond to the lawsuit within the time period prescribed or does not show up to court on the day he or she is supposed to, the plaintiff will ask for (and the court will usually give) a default judgment. Simply put, the plaintiff wins because the defendant did not make an effort to defend themselves. A request for entry of default is when the time has passed for the defendant to respond to a lawsuit and the plaintiff is asking for a default judgment. This only applies to civil cases, not criminal cases.
What is true about balance?
The amount on one side of the '=' must balance the amount on the other.
Why is the payoff amount of our mortgage more than our principal balance if we aren't supposed to have any prepayment penalties?
Because you owe interest. There may also be a negative amount in escrow if your taxes or insurance have recently been paid from escrow.
What if the defendant is to poor to pay then how does the plaintiff get his money?
If the defendant is too poor to pay a judgment, the plaintiff may face challenges in collecting the owed amount. The plaintiff can attempt to garnish the defendant's wages or bank accounts if they have any income or assets. Additionally, they may seek to enforce a lien against the defendant's property. However, if the defendant truly lacks the financial means, the plaintiff may ultimately be unable to recover the full amount owed.
A dependent will go free if a reasonable amount of this exist?
If a reasonable amount of doubt exists a defendant will go free.
What is the difference between the outstanding balance and the payoff amount on my account?
The outstanding balance is the amount you currently owe on your account, including any unpaid charges and fees. The payoff amount is the total amount needed to pay off your account in full, which may include additional fees or interest that have accrued since your last payment.
Does a bail bondsman pay the entire bond amount?
The bail bondsmand does not pay the full amount unless the defendant fails to appear at trial or any hearings that require his appearance. A licensed bail bond company enters into an agreement with the defendant and the court. The defendant pays the bail bond company a fee, usually 10--15% of the bond amount set by the court. The bail bond company agrees to pay the court the amount of the bond if the defendant fails to appear for trial at any point that he is out on bail. The bail bond company does not actually provide the bond amount unless the defendant fails to appear.Sometimes the court will require that a defendant obtain a corporate surety bail bond even if he has the assets to put up for bail. This is usually done when the defendant has access to a considerable amount of assets, say proceeds from an illegal activity, and the court wants a third party to guarantee the defendant's appearance. Bail bond companies don't like to pay bonds when their clients "skip" trial, and will pursue the defendant relentlessly. For that reason, some judges will order a defendant held pending establishment of a corporate surety bond.Also, most bail bond companies don't actually have the funds on hand. They are financed by finance companies who specialize in providing such bonds. If the defendant fails to appear and is declared a fugitive, the financing company is the one who actually provides the funds. However, the bail bond company is still obligated to the financing company. If the amount of bond is high, most bail bondsmen will require the defendant, or someone willing to assist the defendant, to put up an asset as collateral. This quite often is real estate, in which case the defendant mortgages his property to the bail bondsman.In some jurisdiction, the court will allow the defendant to pay to the court the usual percentage in lieu of obtaining a bond. So, if the court sets the bond amount at, say, $10,000, the defendant can pay the court $1000 cash in lieu of obtaining the bond. In most cases, the defendant receives a refund of the cash amount once his case has been adjudicated. This usually only happens when the risk-of-flight of the defendant is considered minimal
What is bail for PC 1551?
California Penal Code 1551 pertains to the conditions under which a defendant may be granted bail after being charged with a crime. Bail is typically set to ensure that the defendant appears in court for their hearings. The amount can vary based on factors such as the severity of the offense, the defendant's criminal history, and flight risk. Ultimately, the court has discretion over bail decisions, aiming to balance the rights of the accused with public safety.
