Glossary Definitions

/Glossary Definitions

Withdrawal of Bail

The Definition of Withdrawal of Bail The withdrawal of bail is when a judge or court decides to remove the possibility of bail for a defendant, even if bail was granted in the beginning. Normally, this happens when the defendant fails to comply with the court, tries to flee the country, is deemed a threat to society, or continues to commit crimes while out on bail. How Withdrawal of Bail Works Depending on the case, the possibility of being released from incarceration by posting bail can be granted for defendants who have been accused of a crime. Once the defendant is arraigned in front of a judge, the court will decide how much that bail will be considering the seriousness of the crime. However, sometimes, after the defendant is released from custody by posting a premium payment for bail, they could take actions that would cause the court to withdraw

By | 2016-08-08T13:48:05+00:00 August 25th, 2016|Categories: Glossary Definitions|0 Comments

Removing Bond Liabilities

The Definition of Removing Bond Liabilities Removing bond liabilities is another way of releasing the individual who posted bond from needed to pay any more money to the bond company. Normally, this happens when the defendant appears to all court proceedings, and all terms and agreements have been met and satisfied between the bond company and the individual. Other names of this are “exoneration” or “discharge” of a bail bond. How Removing Bond Liabilities Works Any time bond is posted by an individual on behalf of a defendant, they are liable to pay the bond, pay all premiums, or provide collateral to the bond company. The bond company promises to release the individual from those liabilities once the case ends, or once all agreements have been met and accomplished by the individual and defendant who posted the bond. If everything runs smoothly, goes as planned, and is met in accordance

By | 2016-08-08T13:44:35+00:00 August 22nd, 2016|Categories: Glossary Definitions|0 Comments

Collateral

The Definition of Collateral Collateral is a term used to define anything of value that can be resold, and is used to secure the premium payment of a bail bond. A bail bond company often requires individuals who are trying to post bail to offer up some sort of collateral, whether that be a car, home equity, jewelry, weapons, boats, or computers. These type of valuable possessions are used as collateral in case the individual fails to pay the bond amount to the bail bond company, but it also secures the possession of the bail agent until the case against the defendant is closed. How Collateral Works In most cases, collateral possessions are placed in the hands of the bond company, or the bond company is given authority over that possession, until the amount is paid or until the case is finally closed. This is used as motivation to follow

By | 2017-01-02T09:12:39+00:00 August 18th, 2016|Categories: Glossary Definitions|0 Comments

Own Recognizance

The Definition of Own Recognizance Own recognizance is when a defendant promises that he or she will appear at all court dates and appearances. However, individuals under own recognizance do not post bond. This type of individual is released from jail by court decision, has been intensely interviewed, and the recommendation to allow this person to be released has been made to the court. This term is also referred to as ROR, or Release on Own Recognizance. How it Works When a person is apprehended, arrested, and booked into jail, sometimes the court will release them without the individual posting bail. Under this type of circumstance, the individual provides written statements promising to appear at all court appearances. Most of the time, when someone is under ROR, they have to also promise that they will not leave their designated area while court proceedings are still underway and ongoing. Sometimes, the

By | 2017-01-02T09:12:39+00:00 August 15th, 2016|Categories: Glossary Definitions|0 Comments

Cash Bonds

The Definition - An cash bond is a specific amount of cash or a money order. With a cash bond, it is paid by the individual or by a family member or friend on their behalf. With this money, it is used to cover the entire amount of the bail bond set for that individual’s criminal case. What a Cash Bond Entails When someone posts a cash bond, the court will hold that money for the individual until their case has been completed in full. Once the case is over with, the money will be returned to the individual, or to the person who posted the cash bond. Because of this, posting a full cash bond is a great incentive for them to show up at all court proceedings and to abide by all rules and regulations set for their case. Otherwise, they would lose that entire amount of money

By | 2017-01-02T09:12:40+00:00 August 11th, 2016|Categories: Glossary Definitions|0 Comments

Appeal Bonds

The Definition - An appeal bond is also commonly known as a supersedeas bond. It is a type of bond that is given to an individual who is going through an appeal process, but would rather wait to pay the bond until after the appeal is over. The Purpose of an Appeal Bond With an appeal bond, it caters to an individual who would rather wait to pay the bond until after the appeal process is over and completed. With these cases, appeal bonds can show up after an individual was sentenced as guilty for a crime. However, if they decide to appeal the ruling, an appeal bond can support their case. In these cases, they use appeal bonds to delay payment in case they are successful with their appeal, so they do not have to pay bond money for a crime if they were ultimately found innocent. Every state

By | 2016-07-29T16:16:18+00:00 August 8th, 2016|Categories: Glossary Definitions|0 Comments

Immigration Bonds

The Definition - An immigration bond is a type of federal bond. Immigration bonds are used for detainees or other individuals who are being held by the Immigration and Customs Enforcement, also known as ICE. What Immigration Bonds Entail This type of bond is similar to a state and federal bond, mainly because they are set and used as a way to enforce and guarantee the individual’s appearance to the courts on their scheduled court date and all other necessary court hearings and proceedings. If the individual refuses to appear in court when they are supposed to, the immigration charges could also be subject to being immediately forfeited. However, unlike state and federal bonds, immigration bonds do have some differences. The only way an individual can be released from custody is if the immigration bond is posted with cash bonds only through ICE. Any surety bonds that can be attached

By | 2016-07-29T16:13:49+00:00 August 5th, 2016|Categories: Glossary Definitions|0 Comments

Federal Bonds

The Definition -Federal bonds are bonds given to those who commit crimes on a federal level. These are in contrast to corporate and municipal bonds. Most times, crimes that are given federal bonds are cases that are judged within U.S. District Courts. However, federal bonds can also be issued in interstate crimes as well. On top of that, federal bonds can also be used to finance projects that are done on a federal level, as well as any sort of projects being done by investors who receive special tax incentives. What Federal Bonds Entail In criminal settings, once a crime is committed and deemed appropriate for a federal bond, a federal judge would be the one to determine the bond amount considering the type of crime and the severity of it committed by the individual. The federal judge is able to do this, since there are no schedules of any

By | 2016-07-29T16:11:27+00:00 August 1st, 2016|Categories: Glossary Definitions|0 Comments

Skipping Bail

The Definition Skipping bail is a phrase referring to the act of a previously incarcerated individual. Once the individual is released from jail after a family member or friend posts bail on the individual’s behalf, sometimes the individual refuses to appear to any scheduled court dates after they are released from jail. When this happens, it is considered skipping bail. Consequences of Skipping Bail Skipping bail can potentially land that individual back behind bars if they choose to not show up on their assigned court dates after they’ve been released on bail. If this does happen, the courts will issue a warrant for the individual’s arrest. Once the person is apprehended, arrested, and put back behind bars, their opportunities for bail can be forfeited, and they will face additional charges for failure to appear in court. Example of Skipping Bail After being bailed out of jail by his mother, John

By | 2017-01-02T09:12:40+00:00 July 31st, 2016|Categories: Glossary Definitions|0 Comments

Surety Bonds

The Definition of Surety Bonds A surety bond is a contract between three people, or parties. Those included in the contract are the bail bond company, the government agency requiring and regulating the bond itself, and the person paying the bond or bailing the defendant out of jail. In this contract, it guarantees to the governing agency over the bond that the person paying the bond will act in accordance to every term outlined in the contract, and every requirement established in the contract as well. How Surety Bonds Work Simply put, surety bonds simply guarantee that things will be done, and specific requirements will be fulfilled and accomplished. Because of this, all three parties have specific roles they promise to fulfill in this contract. The first party involved in a surety bond is the principal. This is the person or business that purchases the bond from the bail bond

By | 2017-01-02T09:12:42+00:00 June 23rd, 2016|Categories: Bail Bonds Process, Glossary Definitions|0 Comments