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Generally, the bail bond agency pays the full amount of the bail if the defendant pays his/her share. If the defendant appears for all his/her court hearings, the court releases the amount that the bail bond agency paid into court. If the defendant doesn't show/skips out on the hearing, the court keeps the bail money.
In exchange for the capital, the company pays an interest coupon, which is the annual interest rate paid on a bond expressed as a percentage of the face value. The company pays the interest at predetermined intervals (usually annually or semiannually) and returns the principal on the maturity date, ending the loan.
Common bail conditions in Tennessee In addition to being required to appear at any court hearings, the defendant who is released on bail must: Keep his/her job. Submit to substance abuse testing. Check with court officials about his/her whereabouts.
Once an amount is set and you've contacted a bail bond agency for professional help, getting out of jail can then range anywhere from 30 minutes to 24 hours. This, of course, depends on the court system, how busy they are, what the details of your case are, and other factors.
If the defendant appears for all scheduled court dates, the bail money will be returned, sometimes less a small administrative fee. If the defendant does not appear for his or her scheduled court date, the court may keep the full bail amount and issue a warrant for the defendant's arrest.
Simply put, a source hearing is conducted for the purpose of proving that the funds being used to post the bond are not derived from criminal activity, such as drug deals or other crimes. If a source hearing is required, your attorney will file a motion to schedule such a hearing.
At a preliminary hearing, the Judge listens to witnesses and decides if the case should go to the Grand Jury. The defendant can send the case to the Grand Jury if he waives or gives up his right to a preliminary hearing.
Bail/Bond Hearing Once the defendant has been arrested, the Court may hold a bail hearing, sometimes called a ?bond hearing,? to determine whether the defendant should be held in the local jail until the trial is complete or can be released on bail.