What Is A Bail Bond Indemnitor?
A bail bond indemnitor is the cosigner for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant`s bail bond.
Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on.
Bail bond premiums are not refundable, as they are used for the bail agent`s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc.
An indemnitor is no longer liable for the defendent`s bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail agent when the bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated.
In the event of forfeiture, the indemnitor is liable until the full amount of the bail has been paid, plus any expenses incurred, or until the court exonerates the bond. The bond then becomes void.
Other Bail Specifics FAQs
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Q:
How Much Does A Bail Bond Cost?
A: Federal Courts 15% of the bond amount Immigration Bond 20% of the bond amount State Courts Anywhere between 10% and 15% of the bond amount, depending on the state in … More -
Q:
What Is Bail?
A: The term Bail is used in several distinct senses: (1) It may mean the securitycash or bondgiven for the appearance of the prisoner. (2) It may mean the … More -
Q:
When Talking About Bail, What Do You Mean By The Term Undertaking?
A: An undertaking is a permissible type of bail security. The taking of bail consists of a competent court accepting an undertaking of sufficient security for the … More -
Q:
Must You Always Use A Bail Bondsman?
A: The defendant, or any other person, may deposit the sum mentioned in the bail order or bail schedule. Cash is accepted, and it is the practice for each court to adopt … More -
Q:
What If Someone Believes That The Money To Be Used To Bail Someone Out Is The Product Of Criminal Activity?
A: The judge or a magistrate may stay the release of a defendant if a peace officer or prosecutor files a sworn declaration demonstrating probable cause to believe the … More -
Q:
What Is The Purpose Of Bail?
A: The purpose of bail is to assure the attendance of the defendant, when his or her presence is required in court, whether before or after conviction. Bail is not a … More -
Q:
Is Bail A Matter Of Right?
A: Although the right to bail has constitutional recognition in the prohibition against excessive bail, bail is not always a matter of right. However, with certain … More -
Q:
Is The Public Safety Considered In The Decision To Admit A Defendant To Bail, Or To Deny Bail?
A: Bail can be denied in certain noncapital cases based upon a finding of substantial likelihood of harm to others. When the facts are evident or the presumption … More -
Q:
What Is Considered By The Court In Fixing The Amount Of The Bail?
A: The amount of the bail is primarily within the discretion of the judge or magistrate, with only two general limitations: First: The purpose of bail is not to punish, … More -
Q:
Does The Bail Bond Continue Forever, Can You Get It Back?
A: When the bail has served its purpose, the surety will be exonerated (i.e., released from the obligation). Exoneration normally occurs when the proceeding is terminated … More
Can an Attorney Help With Bail?
Can an Attorney Help With Bail?
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