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Steps to claim back the money. The person who paid the Bail money should write an application to the Chief Magistrate of the Court seeking to have this money given back. The application is then forwarded to the Cashier, who then writes to the High Court requesting for a refund of the said money.More items...?27-Feb-2017
If the defendant shows up for their court date, the bondsman gets back the entire amount of the bail. The inmate won't get any money back since the 10% premium is payment for the bail bondsman's services.
Bonds are typically issued with a specific maturity date. The issuer agrees to pay interest on the bond through the maturity date, and to redeem the bond at its face value at that time. You can cash out any bond once it has reached its maturity date.
Once the case is resolved, a cash bond can be refunded if there are no fees, fines, and/or restitution owed. Example: Judge Jill orders a $500 cash bond, requiring a person to pay the full $500 to the court in order to post bail for another party.
Steps to claim back the money. The person who paid the Bail money should write an application to the Chief Magistrate of the Court seeking to have this money given back. The application is then forwarded to the Cashier, who then writes to the High Court requesting for a refund of the said money.More items...?