The 4 Most Unanswered Questions about Options

The 4 Most Unanswered Questions about Options

Things We Need to Know About Bail Bonds Getting arrested and having to spend some time in jail can be quite an unfamiliar feeling. Fortunately, anyone charged with a penal offence has the right to be presumed innocent until proven guilty, thus, he may be allowed to plead for provisional liberty. Fortunately, in some cases, you may be released temporarily until your trial. However, you may be required to agree to a set of conditions to ensure that you will not run away, and still attend the proceedings against your charges. This type of assurance or security is what we know as “bail bonds”. Bail bonds are a form of contract between the judge and the defendant that will be turned over to the court. Bail hearings are conducted to determine and agree on the type of bail. A special proceeding is conducted to decide on the bail bond. Cash, property, and signature bonds are among the usual types. A surety company may also get involved. In such cases, the presence of the defendant and surety are required in the legal proceedings. The financial sources of the defendant are considered in cases of other possible bail bond. It is necessary to know and understand the various kinds and forms of bail available, once bail has been set. Cash, checks, and money orders obtained or earned by legal and lawful means are qualified forms of cash bail. Real estate and legal assets are among the considered forms of property bonds which the defendant presents as collateral or substitute for the total bail amount. When a defendant is unable to financially comply to the conditions of the bail, this is when dependent pays 10% of the total bail amount to a bail bond agent and a third party surety company functions and legally takes the responsibility to pay for the bail amount. There are also cases where the judge agrees to waive the bail amount; the defendant need not to pay for the bail in cash or collateral, but to only sign a few legal documents and agree to the stipulated instructions and conditions stated in exchange for the temporary release.
Why not learn more about Resources?
The defendant is obliged to attend all court trials and legal proceedings after the bail has been approved. In the event that the defendant fails to attend a trial, the bail bond is said to be in default. However, there is no need to worry yet since there are a number of ways in which you can solve the problem and prevent your bail bond from being forfeited. However, if all options fail, the bond will be forfeited to the court no matter what the circumstances may be.Why not learn more about Resources?

Comments are closed.