Louisiana Notice of Satisfaction of Bail Bond Lien on Real Estate

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Multi-State
Control #:
US-00991-BZ
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Word; 
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Description

This form is a Notice of Satisfaction of Bail Bond Lien on Real Estate. To be filed by the lienholder when lien is satisfied. Adapt to fit your circumstances.

How to fill out Notice Of Satisfaction Of Bail Bond Lien On Real Estate?

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FAQ

Section 331 - Discharge of bail obligation A. (1) Upon conviction in any case, the bail undertaking shall cease and the surety shall be relieved of all obligations under the bail undertaking.

Bond forfeiture is the enforcement of a guarantee. This can apply to any bond but the best example is the bail bond. Most commonly, bail bonds are forfeited when a defendant misses a court date. The bail bondsman or bondswoman must then pay the outstanding bail.

Virtually all bail bond contracts will explain up front that there are no refunds, and Louisiana law backs these policies. If your case is dropped, you will not be on the hook for bail, but you will still be obligated to pay any bond fees to which you agreed.

If you cannot make bond, then the district attorney has 45 days on misdemeanors and 90 days on felonies to decide whether to accept your case. The period can be longer for certain offenses such as murder or aggravated rape.

Property Bond: A defendant or a co-signer needs to put up a piece of property to cover the cost of bail. Personal Surety Bond Undertaking: A third party is brought in who pledges to guarantee the bail amount.

The Bond Forfeiture Division forfeits a criminal defendant's bond based on his/her failure to appear. There are five types of bonds: Commercial (Insurance Company/Bondsman), Cash, Property, Personal Surety and Release on Own Recognizance.

[Provided that where such penalty is not paid and cannot be recovered in the manner aforesaid, the person so bound as surety shall be liable, by order of the Court ordering the recovery of the penalty, to imprisonment in civil jail for a term which may extend to six months.]

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Louisiana Notice of Satisfaction of Bail Bond Lien on Real Estate