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What is the synonym of bail?
A synonym for bail is bond.
What is the role of a bail bondsman?
A bail bondsman or bail bond company is an individual or company that is licensed by the state to provide corporate surety bail bonds in criminal cases. 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.
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 does cash only bond mean?
It means that the arrested person may only bail themselves out with cash. They cannot seek a bondsmen to assist in their bail. In this situation the 10% option is discarded and bail will only happen if the defendant pays the full cash value of the bond.
What is the difference between bearer bonds and bail bonds?
A "bearer bond" is financial instrument that can be converted into money. A "bail bond" is a sum of money that has to be put up as surety against someone turning up for a court appearance. If they fail to appear the bond is forfeit.
Which bail system requires the defendant to pay a percentage of the bond to a bonding agent who then posts the full bail amount?
Surety bail system
Money to guarantee appearance in court?
Bail bond Surety bond. Bail
What reasons would you not have a possibility for bail or bond?
Reasons for denial of bail or bond are:Bail is not permissible for a specific charge such as murder.The defendant represents a substantial flight risk.The defendant represents a significant risk to public safety.
What is the synonym of bail?
A synonym for bail is bond.
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.
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.
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
If you sign a bond for someone to get out of jail can the bail bondsmen issue a warrant for you if they jump bail?
No, but you will become liable for the full amount of the bail jumpers bond.
What is the difference between bail and bond?
Bail is the amount of money a defendant pays to be released from jail before their trial. A bond is a type of financial guarantee provided by a bail bond company to ensure the defendant appears in court.
What is a HG bail bond?
Hearing
How do you get an order to reduce a bail bond?
The amount of a bail bond and conditions of pretrial release are set by the court. If an incarcerated defendant wishes to have the the bail bond amount reduced, the court should be petitioned for a hearing where evidence pertaining to what would be an appropriate amount can be introduced and considered by the court. The court may then reduce the amount of the bail bond.
Where can one get immigration bail bonds?
"A person can find out about immigration bail bonds from an immigration bail bond company,from a bail bond agent, from a courthouse or from a government office."
