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What is bonds in court?

Court bonds are judicial surety bonds that ensure protection from any loss in a court proceeding. Court bonds are typically required for plaintiffs rather than defendants but on occasion can be required by a defendant and can be used for a company as a whole or an individuals protection.

Why is a bond important to a defendant?

Bail bonds are used to secure the freedom of defendants in between court appearances by putting up the money for bail, leaving money in the pockets of close friends and family.

What happens if you miss a payment on a bond?

Failing to pay a bond premium means that the defendant can go back to jail and you are still liable for the original premium. The bond company can open a civil suit for late payments. As a result, its important to make sure you can afford the bond premium payments before you sign the dotted line.

Whats the difference between bail and bond?

Bail is the money a defendant must pay in order to get out of jail. A bond is posted on a defendants behalf, usually by a bail bond company, to secure his or her release. Defendants with pending warrants are usually not eligible for bail.

What happens if cosigner does not pay bond?

This must be paid, or a payment arrangement made, prior to the bail being posted. Its also important to point out that if the defendant does skip bail, the bail bondsman may charge a recovery fee in order to find them and return them to jail. This fee may fall to you as the co-signer.

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