Obligees are most commonly local, state or federal government agencies. They can also be individuals or businesses wanting the principal to do work for them. In the case of a governmental obligee, the surety bond is typically guaranteeing the principal will follow laws and regulations established by the obligee.
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.
A bail bond is a surety bond, which is posted by a bail bond company to the court as a guarantee for an arrestee's appearance at all court dates. The court will release an arrestee from detention upon posting of the bail bond.
Personal Bond: The defendant is released upon signing a bond, which states that he or she will be liable for criminal, and in some cases civil, penalties if he or she fails to appear in court.
The principal is the defendant who is released on bail, the obligee is the court or the entity that requires the bond, ensuring the principal's future court appearances, and the surety is typically the bail bond company or agent who provides the bond, guaranteeing the principal's obligation to the obligee.
The principal is the defendant who is released on bail, the obligee is the court or the entity that requires the bond, ensuring the principal's future court appearances, and the surety is typically the bail bond company or agent who provides the bond, guaranteeing the principal's obligation to the obligee.
Under the old law, a defendant is released or detained based on their ability to post bail. Under the new law, there is no bail. The New Jersey court looks at whether or not the defendant will appear in court, the community is safe, and whether the defendant will obstruct the criminal justice process.
A person can remain on bail for the amount of time that their case is proceeding before the Court. What is a 'surety' in bail? A surety is a person who guarantees the defendant will attend their court date after being granted bail.