When you’re accused of a criminal offence, getting arrested and spending time in prison can be an uncomfortable and frightening experience. Thankfully, as you are constitutionally innocent until proven guilty, in many circumstances a judge can require you to be free before your hearing or court. Though, before you can be released from custody, the prosecutor will force you to give a guarantee that you will come back to face the allegations against you. Such policy is called a Bail Bond, typically in the form of cash, assets, a signature bond, a safe bond through a security company, or a variety of forms, to be signed over to the judge.Interested readers can find more information about them at Connecticut Bail Bonds Group.
In general, bail conditions are provided during a structured bail trial process. This is when the Judge sees the convicted (Defendant) and gets evidence as to whether bailing is required or not. If certain types of bail bonds, such as a protective bond or land bond, are needed, the Court may demand information on the defendant’s financial resources, and the roots of whatever properties or assets will be used as collateral for bail. If anyone else forms bail for the suspect, they are considered a guard and their financial situation will be taken into consideration as well.
If a Surety is interested with bail payment, he and the Convict must be present at the bail hearing and both of them will be told by the Judge of their different responsibilities and duties. It is very important to note that if the prisoner fails to fulfill his commitments and appears for future trials and court dates or if he violates the terms of his parole, the bail may be revoked and forfeited. So it is really necessary that the Surety support the Convict until they post bail.
Once a bail has been established it is important to understand the various bail choices. “Cash” bail may include cash but typically can also be compensated by approved checks, cashier checks or money orders. For anyone requesting the cash bail, it’s very important to keep the document they get so that they can claim a reimbursement once the bail terms have been fulfilled. The Plaintiff or Surety may also need to fill out tax forms such as IRS Form W-9, depending on the amount of the cash bail. Unlike cash bail, signature guarantees indicate a criminal must not post any funds or properties as defense. Usually the convict simply needs to sign the proper forms to transfer him to the court clerk. But to be sure the Defendant understands exactly what he must do in order not to withdraw his parole, it is very important to pay close attention to any terms or orders given by the Court.
Corporate Surety Bonds are bail bonds securitised from buyers of Bail bonds. The complainant or the guarantor usually pays 10 percent of the total bail amount to the bondman, and the claimant or the guarantor must have adequate financial assets to pay the remainder of the bond if the bail is revoked or the defendant refuses to meet the terms of his bail. Even if the prisoner complies with all of his bail conditions, the 10 per cent remains the responsibility of the bail bondman and is not returned to the defendant. Often, a judge can accept property bonds as leverage to secure a loan. Typically, the Judge may ask the Claimant or Surety to provide evidence of property ownership, as well as a valuation estimate, and a description of any pending lawsuits or other obligations against the house.
Once the bail conditions have been met, the bond can either be released or returned. However, it’s important to remember this doesn’t happen automatically. The insurance company, the criminal or the defendant’s lawyers would typically have to file a motion or take some other step to reclaim the bail money or assets. So always consult with the protocols in your case and make sure that you take the appropriate steps to get the bail back to the person in question.