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Herman Bail Bonds Co-Signer's Information:
What you should know when signing for a Bail Bond
Indemnitor (CO-SIGNER):
It is the responsibility of the indemnitor (co-signer) to see that
the premium is paid. A bail bond is an appearance bond and is good
for one year. If the case continues longer than a year, and additional
premium is due and is collected for each additional year.
These
premiums are not refundable and upon the release of the defendant
are fully earned. Any expenses incurred in the transaction of a bail
bond, such as long distance calls, travel, or posting fees are to
be paid by the indemnitor to the bail agent. Most additional expenses
we incur. It is the responsibility of the defendent or indemnitor
to supply accurate information.
IF
THE DEFENDANT DOES NOT APPEAR:
The defendant is obligated by the bail agreement to appear at each
and every court appearance required by the court. The failure to do
so will result in the forfeiture of the bond. Failure to act immediately
can add up expense, such as tracing fees, court costs, and attorney
fees if legal action is taken. The indemnitor is liable. The law provides
that the associated expenses can not exceed the face amount of the
bond. (California Regular Code Title 10 Section 2081(d).
GETTING OFF BOND LIABILITY:
You are no longer liable for the defendant's bond when he/she has
completes all of their court appearances, and when all premiums have
been paid. It is best to contact the agent when the bond is exonerated
by the court, for the fast return of any collateral pledged and to
confirm that the bond is exonerated. In the event of forfeiture, the
indemnitor is liable until the full amount of the bail has been paid,
plus any expenses incurred or until the court exonerates the bond.
The bond then becomes void.
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