The process of securing a property bond involves several steps, including: Property Valuation. The court requires an appraisal of the property to verify its value and ensure it meets the required equity threshold. Lien Placement. Legal Documentation. Court Approval. Defendant's Release.
You can withdrawl your agreement by calling the bondsman and telling them that you no longer want to be on the bond as you feel the ``criminal'' will not show up to court. You can sign off of the bail but they may arrest your friend.
Contact the Bail Bond Company: Inform the bail bond company of your intention to remove your name from the bond. They will provide you with the necessary steps and paperwork required for the process. Notify the Court: In some cases, you may need to file a motion with the court to remove your name from the bail bond.
You'll need to check in with your bail bond agency to check that you meet certain criteria to revoke your signature. After you have done that, your agency will advise you on the required paperwork through their contract management software and what evidence you need to give in order to be released from your agreement.
Voluntary Bond Revocation – Sometimes, the person who posted the bail (often a family member or friend) may choose to revoke the bond voluntarily. This usually happens if the defendant is not adhering to the conditions of their release or if the person posting bail feels that the defendant is a flight risk.
Along with bail revocation, other penalties under the federal act for violating release conditions or failing to appear include bond forfeiture, fines, and additional prison time, which is tacked on to the end of any other prison time received by the defendant. (18 U.S.C. §§ 3141-3156 (2023).)
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.
In New York, defendants may be charged a percentage of the total bail amount ranging from 6% for bonds under $3,000 to 10% for bonds over $10,000. For example, bail on a $10,000 bond is typically 8% of the total or $800.
What Kind of Documentation Do You Need to Get Bonded? Application. The first step to getting bonded is completing the application or questionnaire that your agent provides you. Financials. Work In Progress Form. References. Resumes. Certificate of Insurance.
Before giving us a call, make sure you have the following information handy: The full name of the person who was arrested. Where is the person being held for custody (you should include the name of jail, city, and county) The person's booking number.