How Do I Pay the Bond I Forfeited if I'm in Jail After Skipping Bail?
Full Question:
Answer:
In some cases, a defense may be raised if you didn't intentionally miss a court date, showed up on the wrong day, misunderstood the circumstances and believed that the matter was resolved, and whatever you failed to do was not required of you. I suggest consulting with a local attorney who can review all the facts and documents involved.
While a bondsman may back a surety bond if he has the liquid cash, these are usually backed by an insurance company. If a defendant has a high surety bond, the bondsman may also request that the defendant or a cosigner put up property as collateral to secure the bond. Should the defendant skip bail, the bondsman will have a lien on the home or other property used and may start foreclosure proceedings. The proceedings from the foreclosure sale will replace the bondsman’s cash. If an insurance company is involved, the bondsman pays the insurance company the balance due on the bond, then collects the amount due from the defendant or his cosigner. The answer will depend on any collateral or cosigners on the bond. Assets used as collateral may be attached, or other property may be attached to pay the debt.