premium is paid. A bail Bond is an apperance bond and is good for one year. If the case continues longer than a year, an addional premium is due and is collected for each addional year. These premiums are not refundable and upon the release of the defendant are fully earned. Any expences incurred in the transaction of a bail bond. Such as long distance calls, travel, or posting fees are to be paid by the indemnitor to supply accurate information.
IF THE DEFENDANT DOES NOT APPEAR...
The defendant is obligated by the bail agreement to appear at each and every court appearance required by the court. The failure to do so will resault in the forfeiture of the bond. Fai
WHAT IS BAIL...
Traditionaly, Bail is some form of property deposited or pledged to a court in order to persuade them to release a defendant from jail, on the understanding that the defendant will return for trial or forfeit the bail ("skipping" bail" or "jumping bail" is also illegal).
A Bail Bond is a type of surety bond used to secure the release from custody of a person charged with a criminal offence. Under such a contract, the principal is the accused, the obligee is the govermant, and the surety is the bail bondsman.
A Bail Bondsman is any person or corporation that will act as a surety and pledge money or property as bail for the apperance of a criminal defendant in court.
WHAT YOU SHOULD KNOW WHEN SIGNING AS A BAIL BOND INDEMNITOR...
It is the responsibility of the indemnitor (co-signer) to see that the
lure to act immediately can add up expence, such as tracing fees, court cost, and attorney fees if legal action is taken. The indemnitor is liable.
GETTING OFF BOND LIABILITY...
You are no longer liabl for the defendants bond when he/she completes all of their court appearances, and when all premiums have been paid. It is best to contact the agent when the bond is exonerated by the court, for the fast return of any collateral pledged and to confirm that the bond is exonerated. In the event of forfeiture, the indemnitor is liable untill the full amount of the bail has been paid, plus any expences inccured or until the court exonerates the bond. The bond then becomes void.
