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What does “forfeiture” mean?

forfeiture mean
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What does “forfeiture” mean?

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A forfeiture occurs if a defendant fails to appear in court as scheduled. In this event, the bail bonds company has approximately six months to surrender the defendant to the court with no financial consequences. If this does not happen, the bond is payable to the court by the Bail Bonds Company.

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A forfeiture occurs if a defendant fails to appear in court as scheduled. In this event, the Bail Bonds company has approximately sixty days (depends on county, some are as low as ten) to “surrender” the defendant to the court with no financial consequences. If this does not happen, the bond is payable to the court by the Bail Bonds company.

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