ASAP Bail Bonds works hard to ensure that you receive the best services at this unprecedented time. We understand that this may be a confusing time for you but we are here to fully support you! All of our services are available to you 24 hours a day 7 days a week. To learn more about all we have to offer contact us at (281) 232-7277. Read further to learn more about tips like bond forfeiture.
Learning About Bond Forfeiture
When dealing with bail bonds, the process can get pretty confusing. Therefore, when it comes to terms like bond forfeiture, it is definitely something that you want to avoid.
In many cases, a bail bond requires the signature of a cosigner. Therefore, they become personally responsible for ensuring the accused appears in court.
Forfeiture takes place when the accused fails to appear in court which will then shift the financial burden of paying the rest of the bail.
There are times when a defendant will have a sound reason for missing their court date. If someone is out on bail and fails to appear in court the judge will most likely schedule a forfeiture hearing. There the judge will consider whether or not the accused had a legit reason for failure to appear.
If the judge decides there is not one, they will then issue an arrest for the defendant. The judge will set a date the defendant needs to be brought in by and will continue to move forward with a forfeiture if they are not brought in by that set date.
Typically, collateral is used in these types of cases. Therefore, if the accused has already put up something as collateral to get the bond, the bail bonding agency will most likely sell it to pay off the bail.
Technically, since it is the responsibility of the bail bond company to cover the remaining cost an unpaid bond, they must find a way to cover the cost. However, if there is a cosigner, they will be responsible for covering the forfeited bond.