Bail And Bond In Kenya In Bronx

Category:
State:
Multi-State
County:
Bronx
Control #:
US-00006DR
Format:
Word; 
Rich Text
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Description

A bail bond is a bond provided by an insurance company through a bail bondsman acting as agent for the company, to allow an accused defendant to be released before trial. A bail bond is designed to ensure the appearance of the defendant in court at the scheduled time. Prior to the posting of a bail bond, the defendant or a co-signer must guarantee that they will pay the full amount of bail if the defendant does not appear in court. The bail bond company usually charges 10 percent of the amount of the bond and often requires the defendant to put up some collateral like a seconded of trust or mortgage on one's house.


When the case is concluded, the bail bond is "exonerated" and returned to the insurance company. If the defendant disappears and fails to appearing court (skips bail), the bond money will be forfeited unless the defendants found and returned. The bond may be forfeited, by order of the court, upon the partys failure to appear or to comply with the conditions of the bond. If the defendant is located and arrested by the bail agent the cosigner is responsible for all expenses the bail agent incurs while looking for the defendant.

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FAQ

Security-Treasury Bonds are units of Government Debt meaning you are investing I the Kenyan Government. This makes the asset a secure investment for both retail and institutional investors.

The bail bond agent will need you to sign some paperwork in order for you to secure their services. This usually means paying an amount to the agent, usually a percentage of the total bail amount, and signing off on any collateral for the bond.

With most bonds, investors will receive interest payments every six months throughout that period of time, and at the end of that period they receive the face value amount that they invested.

Hourly Rates The rates can range from Ksh 5,000 to Ksh 20,000 per hour, depending on the lawyer's experience and the complexity of the case.

To check the status of your claim, please call the Settlement Administrator at 833-472-1994.

To request a Certificate of Disposition bring the following items to the Central Clerk's Office in the court in which your case was processed: Defendant's full name and date of birth • Docket Number (if you know it) • Picture I.D. $10.00 (exact change only). If you are receiving public benefits, present your valid N.Y.

A bond is an undertaking entered into by an accused person to comply with conditions set by the court as a condition for his/her release while awaiting or continuing with trial.

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Bail And Bond In Kenya In Bronx