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1) 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. 2) The application is then forwarded to the Cashier, who then writes to the High Court requesting for a refund of the said money.
In most cases, a defendant can work with a bail bond agent to settle their bail amount. With a bail bond agency, a defendant is typically only required to pay a percentage of the bail amount. However, in some cases, an individual might be asked to pay their bail amount in cash.
When the Debt Management Center receives your forms, it will process your refund (amount paid plus any interest earned) by mail. This process generally takes about four weeks.
Bond assignments is where your bail is assigned to be released to someone else at the close of the case. For example, if your bail was set at $50,000, you would have to post $5,000 to be released. You hire an attorney who agrees to take a bond assignment for the $5,000.
If your total interest isn't more than $1500 for the year, and you're not otherwise required to report interest income on Schedule B, report the savings bond interest with your other interest on the "Interest" line of your tax return. For more information, see the Instructions for Schedule B (Form 1040).