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Do you get your money back at the end of a bond?

You will get your bail money back if you paid cash bail and made all your required court appearances. You will not get your bail money back if you paid cash bail and missed a court date. You also will not get any money back if you posted bail by means of a bail bond.

How does a surety bond work in KY?

In Kentucky, surety bonds act as a form of insurance in that they protect a hiring company or organization from the possibility of poor performance or non-compliance with the specifications of a particular job or project.

Can you leave the state on bond in Kentucky?

You are not allowed to leave the state without permission. If you are required to leave the state as a condition of your defense, you may be allowed to do so, but you need to docHub out to the prosecutor to get approval, You are required to show up to all of your court hearings.

What does unsecured bond mean in KY?

Unsecured Release. Requires only the defendants signature and their promise to appear in court as scheduled and abide by any conditions that may be imposed by the court.

Do you get bond money back in Kentucky?

1. Payor will only receive bond money back if they sign as surety on the bond form. 2. Bond is only returned WHEN DEFENDANTS CASE IS DISPOSED OF IN COURT, FINE AND ALL COSTS ARE PAID IN FULL, OR UPON ORDER OF THE JUDGE.

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What happens at a bond hearing in Kentucky?

If the Grand Jury issues an indictment, you will be brought before the Circuit Court Judge. Prior to your arraignment, the Circuit Court judge will review your bond. The bond may go up, or down. If you are out of custody, this may mean that you will be placed back in custody on a higher bond.

What is the difference between a bond and a secured bond?

Secured bonds are secured with collateral, e.g. by an asset or assets of commensurate value. Unsecured bonds are not secured with collateral, but investors who buy these bonds put their faith in the creditworthiness of the issuing company.

How do bail bonds work in Kentucky?

Requires a percentage of the cash amount set as bail, which is usually 10% but the amount can vary. For example, if bail is set at 10% of $500, then $50 would be required to have the defendant released. There is also a 10% processing fee for this type of bail.

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