Demand Forfeiture Bond In Wake
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A payment required for not fulfilling a contract. the act of losing or surrendering something as a penalty for a mistake or fault or failure to perform etc. synonyms: forfeit, sacrifice.
A bail is forfeited when a defendant fails to appear, without sufficient excuse, for arraignment, trial, judgment, or any occasion prior to the pronouncement of judgment if the defendant's presence in court is legally required, or if the defendant fails to surrender in execution of the judgment after appeal.
Forfeit or forfeiture means losing a right, privilege, or property without compensation as a consequence of violating the law, breaching a legal obligation , failing to perform a contractual obligation or condition , or neglecting a legal duty .
Bond forfeiture means that the person loses the guarantee made by the bail bond company on their behalf. There are some circumstances in which the judge might excuse the accused for missing court and bail or bond can be reinstated.
A bond forfeiture occurs when a person is required to show up for court on either a personal bond or a surety bond, and they fail to show up for that court date. Some judges will give a bit of leeway, especially if that person has an attorney who can argue for them as to why they were not able to make it.
If a defendant's bond is forfeited, it means that they have failed to comply with the conditions of their release.
