Exoneration Form Document With Name
Description
How to fill out Release And Exoneration Of Executor On Distribution To Beneficiary Of Will And Waiver Of Citation Of Final Settlement?
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FAQ
When the Court exonerates a bond, it releases the bond poster of his financial responsibility of making sure the Defendant appears to his Court hearings. If a Surety Bond was posted, the bond is returned to the Surety company. If cash was posted, then cash will be returned to the one who posted it.
All orders should be presented to the Criminal Filing Counter, located in the South Court Tower, 175 West Madison Avenue ? 12th Floor, Phoenix AZ 85003. Orders of release are processed within 24-48 hours. Funds are released only in the form of a Clerk of the Superior Court check.
A cash bond is exactly what it sounds like: you must put up the full amount of the bond in cash in order to secure your release from custody.
As long as the defendant shows up when they're summoned, the bail bond will be dissolved when the case ends. All collateral will be given back (except for the bond agent's fee). If the defendant fails to appear in court, such action results in the forfeiture of the bail bond.
When bail is exonerated, it means the defendant has reached the conclusion of their case and that the court will release their bail bond. This frees the guarantor from any danger of forfeiting the bond to the court. In most cases, this guarantor is a member of the defendant's family or a bail bondsman.