Earlier this month, it was reported that in 2015, a record-breaking number of people were exonerated, meaning they were finally freed after serving time in prison for crimes they were wrongly convicted for. This record-breaking number counts to 149 people, who each spent an average of 15 whooping years. These people who have been robbed […]
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Before you agree to a bail bond company and their payment plan they set you up on, you’re going to want to know and be very well versed with the following common terms that are associated with bail and Bail bonds. By knowing and understanding these following terms, understanding the bail process and how that […]
As soon as you finish your bail hearing, you are free to post bail as quickly as possible. You cannot post bail any time before your bail hearing because you will not know what amount you would have to pay. The judge at the bail hearing will tell you what your bail is. Your bail […]
In order to complete a bail bond application, collateral is required. Collateral is pledged as security for payment. If the original payment or agreement is broken, than the collateral is forfeited from the owner to the person it is then owed to. The most common forms of collateral are real estate, vehicles, electronics, and valuables. […]
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Yes You Can Pay For Someone Else’s Bail Bond With Your Tax Return
Although the IRS will issue your tax return made to your name, you can absolutely use this money towards a bail bond payment for another person. Your tax return is really money that was originally yours – you had overpaid taxes during the year so now the IRS is finally returning that money to you. […]