Bail In Money Laundering Cases In Riverside

Category:
State:
Multi-State
County:
Riverside
Control #:
US-00006DR
Format:
Word; 
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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

Can You Bail Someone Out of Jail Anytime? Yes! In California, bonds can be posted twenty-four hours a day, seven days per week. But whether you can bail someone out of jail at any time depends on their situation.

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.

Common Bail Amounts Driving under the influence of alcohol and drugs: $2,500 for a 1st offense, $10,000 for a 2nd offense, and $15,000 for a 3rd offense. Resisting an officer: $5,000. Burglary: $5,000. Hit and run with injury: $10,000. Battery: $8,000 for a 1st offense, $10,000 for a 2nd offense. Grand theft: $5,000.

For misdemeanors, bail amounts are as low as $1,000 for 2023, with the highest amount at $15,000. However, for felonies, bail amounts start at $20,000 and reach as high as $5 million. Actual bail amounts can be higher or lower than these figures, depending on different factors and the opinion of the judge.

Why would someone have a million-dollar bond? A court judge may order a bail bond of one million dollars if they deem the defendant has access to sufficient funds to afford bail, thereby allowing them to remain in their area until trial.

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Bail In Money Laundering Cases In Riverside