Somebody I know was charged for murder, first degree felony but was bailed out the next day and is currently on house arrest. What happens now?
The district attorney will review all of the evidence collected against the person and if he/she determines it's sufficient to support the murder charge the DA will present the case to a grand jury for a true bill of indictment. This is the formal charge against the person that they will be tried on. Depending on the case, this could take weeks, months, or even years. Once the case is indicted, the defendant will be required to appear in court to answer to the charge.
Before that happens, however, the person who was arrested and charged should try and hire a defense attorney to help put together their defense. Defense attorneys will often hire their own investigators to make sure that the police have done a thorough job and to identify evidence that can be used to defend the person accused.
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