Bail Exoneration Bond Form Ny In Pima

Category:
State:
Multi-State
County:
Pima
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

When bail is exonerated it means you or the bail bondsman gets their deposit back from the court clerk. When the defendant is exonerated, it means the charges are dropped and the defendant is no longer suspected of any wrongdoing. Last but not least, it is possible for bail exonerations to be denied.

Your New York bail lawyer will counter the prosecutor's arguments by giving reasons that you should be released without having to post bail (ROR), or that you should have to post a low bail. Ultimately, the judge will decide whether or not bail is required and if so, the amount.

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.

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.

Bonds are exonerated, or discharged, when the case against the defendant is over. In other words, there are no further court dates scheduled and the case is closed. It doesn't matter if the defendant is found guilty or innocent. When proceedings end, so do the defendant's financial obligations to the court.

Termination of the obligation of bail has become known as “exoneration.” Once the criminal case is resolved (criminal proceedings terminated or the surrender of the defendant into custody), the depositor or surety is relieved of their obligation and is entitled to return of the deposit.

: to relieve of a responsibility, obligation, or hardship. 2. : to clear from accusation or blame. exoneration. ig-ˌzä-nə-ˈrā-shən.

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.

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Bail Exoneration Bond Form Ny In Pima