Judge exonerated bail, will i get my money back
3 attorney answers
If you have a bail bond you have not put up any money. You have paid the bonding company a fee to put up the bond on your behalf and you will not get that money back. That is how they stay in business.
Once the have notice that the bond is exonerated they will release any collateral they took for the value of the bond, such as a mortgage against your home etc.
Once the court orders the bond exonerated it will return the bail amount to the bail bonds company (so the bail bond company will receive the necessary paperwork from the court). The bail bond company will release any collateral that was used as a deposit for the bond to you, but it is not required to release any percentage of funds you paid as a premium for the bond. In a nutshell, you will get your collateral back, but cash funds you may have paid will be returned minus a fee for the service of the company posting the bond.
I am licensed in Nevada. The above information should be construed as legal recommendations only and not legal advice.
If you used a bondsman, you don't get your money back.
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