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If a bail bond is exonerated do you get a refund from the bail company where you posted bail with?
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.
If you have someones bail revoked will you get your money back?
If YOU put up the bond amount, you will have it refunded by the court. If you paid to have a bailbondsman put up the bond, they will still charge you for the use of their services.
What does th XC stand for on a 5500XC bond?
XC is a designation of a split bond used by the Marion County Indiana Superior Courts. The XC designation means the bond is composed of a cash bond and a surety bond. The cash bond component may be posted by anyone in the entire cash bond amount ordered by the court. The surety bond is posted by a commercial bail bondsman. The bail bondsman charges 10% of the surety bond amount set by the court. All or a portion of the cash bond deposit can be refunded by the court. By law, the amount paid to the bail bondsman may not be refunded. In this instance of a $5500 XC bond, the cash bond is $500 dollars and the surety bond is $5000. The total paid to post the bond would be $1000: $500 cash and $500 dollars to a commercial bail bondsman.
What's the difference between bail and bond when it comes to securing release from custody?
Bail is the amount of money set by the court to secure a defendant's release from custody, while a bond is a financial guarantee provided by a bail bondsman to secure the defendant's release. Bail is paid directly to the court and is refunded if the defendant appears for all court dates, while a bond requires a fee paid to the bail bondsman, who then assumes responsibility for the full bail amount if the defendant fails to appear in court.
What is an XC Bond?
A XC bond is a type of split bond employed by the Marion County Indiana Superior Courts. The XC bond is a hybrid composed of two distinct bail bond types: surety and cash. The surety portion of the XC bond is posted by a bail bondsman. The bondsman charges 10% of the amount of the surety bond set by the court. The cash bond portion of the XC bond may be posted by anyone in tandem with the surety bond portion. The cash bond is the entire amount as set by the court. Both portions of the XC bond must be posted together at the same time and location. Even if the defendant attends all court appearances, The Marion County Superior courts may retain all or a part of the cash bond for costs and/or fees related to the case. Any remaining part of the cash bond deposit is then refunded. The premium paid to the bail bondsman, by law, may not refunded.
Money to guarantee appearance in court?
Bail bond Surety bond. Bail
What if you only posted 10 percent of a bail and the person jumps bail what are the consequences for you?
You lose the ENTIRE bail amount (i.e.: if the bail was $10,000 and you put up $1,000. you will lose the entire $10,000.). The money bond was an insurance policy that the person show up in court. If they left you holding the bag..... too bad. Now you know why bailbondsmen hire bounty hunters. ------------------------- It depends on the type of bail the court requires the defendant to post. In most cases, the type of bail that requires a defendant to post 10--15% of the bond is called a corporate surety bail bond. In this case, the defendant pays the bail bond company 10--15% of the bond amount and, in return, the bail bond company insures the defendant's appearance in court for all hearings and trial. The bail bond company does not actually provide the court officials the amount of the bond; it merely guarantees the defendant's appearance. If the defendant "skips out" and fails to appear, the bail bond company will have to pay the bond amount to the court. Recently, courts have allowed some defendants to pay a percentage of the bond amount directly to the court in lieu of obtaining a corporate surety bond. So, if the bond amount set by the court is, say, $10,000 and the usual percentage is 10%, the court will accept $1000 cash in lieu of a corporate surety bond. If the defendant fails to appear, he or she loses the cash they provided as bail. If the defendant makes all required appearances, the money is usually refunded one the case is adjudicated.
Secured bail bond?
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.
What is the synonym of bail?
A synonym for bail is bond.
how many bail bond companies are there in Anchorage, AK?
There are nearly 12 bail bond companies in Anchorage,AK .Some of them are Break out Bail,Big fish bail,Alaska Bail Bonds etc
Is there a way i can get my bail bond back if my husband got out then ice arrested him when he was out of custody?
Typically, bail bonds are not refunded if the defendant is arrested again after being released. The bond is essentially a guarantee that the defendant will appear in court, and once the bond is posted, it is usually forfeited if the defendant fails to meet the conditions. However, you may want to consult with a legal professional for specific guidance regarding your situation and any potential options you may have.
Does anyone ever get money back, from the bail bond company, that they spent on bail bonds?
Yes. If the bailee absconds - the bailbondsman loses the full amount of the bond - UNLESS aned UNTIL he captures the absconder and returns him to custody. That's why they employ bounty hunters.
