It means that the defendant was released on a cash (or property) bailbond and the person for whom the bail was posted fled from prosecution. The amount of money (or property) that was posted with the court to insure his freedom is then forfeited to the court.
Bail forfeiture means the defendant has failed to appear in court and whatever has been put up for bail is eligible to be seized by the court.
Morgan swafford
When a Defendant fails to appear for court on a plea or trial date. The judge can issue an orderconditionallyforfeiting the bond and issuing a capias warrant for the Defendant's arrest.
Bond is an amount set by the court, in either cash or property, that is posted to ensure the arrestee/defendants appearance for court actions. Use of the word "FORFEITURE" implies that the court seized (i.e.- forfeited) the bond due to the fugitive's failing to abide by the provisions of their release on bond - usually fleeing the jurisdiction and becoming a fugitive, or by committing another crime and eluding capture.
How do I fill out this seciton of bail bond forfeiture? Power of Attorney No.__________________________, posted in the above action on behalf of the above named defendant in the sum of $__________________ , and to ______________________________ the said bond.
You forfeit anything in question by police.
From the abbreviations being used - it sounds very much like the defendant in the case, while released on bailbond, failed to appear in court to answer the charges and the court is holding a Bond Estreatment Review hearing.If the defendant defaults on his bond by failing to appear at trial after proper notice or otherwise violates the terms or conditions of his release, there is a "forfeiture" and the bond may be estreated by the court.
Failure of call money for share holder its calld"forfeiture of shares"
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.
His poor management of the business caused the forfeiture of the building and all the merchandise to his creations.
Forefiture of shares issued at par:-Share capital A/c Dr.To share allotment A/cTo Share Call A/cTo share forfeiture A/c(Forfeiture of shares issued at par)
waiting for the bond man to pay the the bond.
yes there are.
Gene L Dodaro has written: 'Asset forfeiture programs' -- subject(s): Forfeiture