When a person is arrested and taken to jail, one of the first things they typically worry about is their loved ones. Will they be able to take care of themselves? Will they be sad? Will they be safe?
In many cases, family members may co-sign a bail bond to ensure their loved one’s release from jail. This can be a way to show support and get your loved one back home as soon as possible.
However, what happens if the defendant can’t make bail? They may be forced to surrender the bond. What does this mean exactly? And what are the consequences?
In this blog post, we will answer all your questions and help you understand the process better!
Bond Surrender Meaning
Surrendering a bond means you are giving up your rights to that bond. This can happen in two ways – by surety or voluntarily.
When a bond surrender happens by surety, it means the bail agent has given up the bond and is now responsible for bringing the defendant to court.
If the defendant does not show up for their court date, the bail agent will be held liable. In a bond surrender by surety, the bail agent will make every effort to bring the defendant to court. They will use their own resources and may turn to bounty hunters if needed.
When a bond surrender happens voluntarily, it means the person who posted the bond (the indemnitor) has decided to give up their rights to the bond. This can happen for a few reasons- the defendant may have been released from jail, they may have found another way to post bail, or they may have chosen to remain in jail.
As an indemnitor, if you no longer feel comfortable being a co-signer on a bond, you may choose to surrender your rights. Talk with the bail agent before making this decision as it could have serious consequences for both parties.
What Happens In A Bond Surrender?
In a bond surrender case, the bail agent will notify the court and the prosecutor that the bond is being surrendered. The bond will then be turned over to the court and removed from the bond schedule.
The indemnitor (the person who originally posted the bond) is no longer responsible for making any future payments on the bond, and they are released from any liability associated with it.
If you are an indemnitor, you may be required to pay a surrender fee if your co-signer has fled or skipped bail. This is because you have agreed to help cover any additional fees associated with the bond when you signed as an indemnitor on behalf of someone else.
Contact Us To Learn More
If you are involved in a bond surrender case or want to learn more about the process, please contact us at your earliest convenience. We’ll be happy to answer any questions you may have and help you get started with posting a bond today.