Order Setting Bond With Court
Description
How to fill out Order Setting Bond?
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FAQ
Bonds are issued by governments and corporations when they want to raise money. By buying a bond, you're giving the issuer a loan, and they agree to pay you back the face value of the loan on a specific date, and to pay you periodic interest payments along the way, usually twice a year.
N. an order of a court in a criminal case allowing an accused defendant to be freed pending trial if he/she posts bail (deposits either cash or a bond) in an amount set by the court.
Judges may set either a percentage bond, allowing the defendant to get out if they pay 10 percent of it, or a personal recognizance bond, allowing the defendant to be released on a ?promise to pay? based upon their own signature. Bail bondsmen are not used in the State of Nebraska as they are in other states.
Full cash bonds are fully refundable. In most cases the courts allow for 10% of the bond to be posted. For example; if the bond amount is $1000, only $100 is needed to post bond. In these cases, 90% of the bond is returned, or $90 in this example.
