Bail Exoneration Bond Form Ny In Nevada
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FAQ
A bail bond is exonerated when the legal process/trial has finished. It does not matter whether the defendant is found guilty/innocent or if the case has been dismissed. At this point, the bail bond is discharged. However, any unpaid premium, fees or other amounts charged by the bail service provider are still owed.
Consequences of a Revoked Bail Bond A warrant will likely be issued for your arrest, and you may be taken into custody until your case is resolved. If you fail to appear in court, the bail amount may be forfeited, and you or your cosigner may be responsible for paying the total amount to the bail bond company.
In general, an exoneration occurs when a person who has been convicted of a crime is officially cleared after new evidence of innocence becomes available.
Exoneration of a surety bond takes place when the principal's obligations to the obligee are completely satisfied. In simple terms, once the terms of the bond have been met and there are no outstanding claims, the bond is considered exonerated, freeing the surety from any further responsibility.
No - if you signed the bond it doesn't matter whether you have a job or not - or whether the bondsman asked you if you did. You are liable as surety on the bond - having a job or not has nothing to do with your liability. Sorry.
