In order to secure a bond, a judge may sometimes approve property bonds as collateral. The Judge will generally require the Defendant or Surety to provide evidence of ownership of the property, as well as a value assessment and a list of any existing claims or other charges against the property.Learn more about us at Reidsville bail bondsman
The bail may be released or returned once the conditions of bail have been satisfied. It is important to remember, however, that this does not automatically happen. The Surety, the Defendant or the Attorney of the Defendant will normally have to file a motion or take some other action to recover the money or property that secures the bail. So always check your case with the procedures and make sure that the appropriate steps are followed to return the bail to the appropriate person. During a formal procedure called a bail hearing, bail bonds are generally set. This is when the Judge meets the accused individual (Defendant) and hears information about whether bail is appropriate or not. When certain types of bail bonds are considered, such as a secured bond or property bond, the Judge will consider information about the financial resources of the defendant and will use the sources of any property or funds as collateral for the bail bond. If someone else is posting bail for the defendant, they are regarded as a guarantee and their financial situation will also be taken into account.
If a Surety is involved in providing bail, together with the defendant, he must be present at the bail hearing, and the Judge will inform both of them about their different responsibilities and responsibilities. It is very important to note that the bail may be revoked and forfeited if the defendant fails to fulfil his responsibilities and appears for subsequent hearings and court dates, or if he violates any conditions of his release. It is therefore very essential that before posting bail, the Surety has confidence in the Defendant.