Friday, December 31, 2010

Bond Exoneration Document Defined, By Bail Bondsman in Long Beach

It has come to our attention at All American Bail Bonds that there are many terms in the bail industry that people are unclear on, such as “bond exonerated.”

The following information was put together to help clear up those questions, please enjoy!

When you bail someone out through a licensed and accredited bail bondsman there will be certain things required of you to present to the bonding company once the defendants case has been concluded. The most important item you will be required to produce will be the bail bond exoneration certificate. The bond exoneration form may have more than one name. For example, some may call it “a certificate of discharge” as well as bond exoneration document, or you may be able to get a certified copy of the minute order. Whichever one of these forms you choose to get it needs to be certified by the court clerk, and it has to include the bond number, name of the bonding company as well as the surety. This form is the official court document that shows that the liability of the surety and the bonding company for the bond written has ended.

Please note: It is common practice for bail bonding companies to charge a fee of up to $250 for sending an agent to pick up the document from court. Every company that we have spoken with has told us that they have some fee written into the contract for those individuals who fail to obtain the document themselves. It should be mentioned that if you have hired private council (attorney) they themselves may obtain all necessary document from the court clerk’s office.

Below are some common questions that we have received in a recent focus group:

Q.
Why do we (client) have to produce the document?

A.
Bail Bonding companies are in an essence using someone else’s money (surety or insurance company) to guarantee the full face value of the bond. When the bond gets exonerated the surety requires the bonding company to send in the certificate of exoneration to remove the liability from their name. Especially, when you have collateral, the surety will not release the collateral until they receive the exoneration of bond.

Q.
Where do we (client) get the exoneration of bond document?

A.
The exoneration of bond document should be obtained from the criminal clerk’s window in the courthouse to which the case was heard.

Q.
If we (client) are willing to pay the additional fees can we just let the bonding company pick up the required document for us?

A.
Yes! The document required is a public document and anyone can pick it up, including your bail bondsman.

Q.
What if I (client) don’t pick it up what will happen to me?

A.
You will be charged a fee and if you fail to pay, then your file will go into collections.

Please Note:
If there is collateral for the bail bond, it will not be returned until the exoneration has been received, and of course all fees have been paid.

“Because You Have the Right to Bail”

For General Information on Bail Bonds and how Bail Bonds work or a Bail Bonds Service near you please visit:

http://www.allamericanbailbonds.net/

For information on jails and courts throughout Los Angeles, Orange, Riverside, San Bernardino and Ventura counties please visit http://www.citiesweserve.com/

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ALL AMERICAN BAIL BONDS
Lakewood Ca based Bail Bondsman with offices in Lakewood, Palmdale, Van Nuys, Long Beach, and Orange County