What is a bail bond indemnitor?
A bail bond indemnitor is the co-signer for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendants bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent’s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendants bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail bond company when the bail bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated. In the event of forfeiture, the indemnitor is liable until the full amount
A bail bond indemnitor is the co-signer for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant’s bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent’s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendant’s bond when the defendant has completes all of his/her court appearances, and when all premiums have been paid. It is best to contact the bail bond company when the bail bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated. In the event of forfeiture, the indemnitor is liable until the full amou
A bail bond indemnitor is the co-signer for the bail bond. The indemnitor is responsible for seeing that all premiums are paid for a defendant s bail bond. Bail bonds are normally good for one year. If the case continues for longer than a year, additional premiums will be due and collected for each year the case goes on. Bail bond premiums are not refundable, as they are used for the bail agent`s expenses, etc. The indemnitor is also responsible for additional expenses incurred by the bail agent in the transaction of a bail bond, such as long distance calls, travel, etc. An indemnitor is no longer liable for the defendent`s bond when the defendant has completes all of his/her court appearences, and when all premiums have been paid. It is best to contact the bail agent when the bond is exonerated by the court, for the expedient return of any collateral pledged and to confirm that the bond is exonerated. In the event of forfeiture, the indemnitor is liable until the full amount of the ba
