Bail??? Federal Property Bonds Bail???
What is a property bond?
A property bond is a bond that posts the value of tangible property, such as real estate, in order to obtain a pre-trial release from jail. In some cases, the value of the property may need to be twice as high as the bail amount in order for a property bond to be accepted. A property bond is not allowed in every state.
How is a property bond obtained?
PBA can assist you in obtaining a property bond at a fraction of the cost of a bail bond company or bail agent. Depending on the law of the particular state, a court-appointed appraiser may need to asses the value of the property being used to post the bond. In other states, the value of the property as declared on tax documents may be considered adequate proof of its worth.What happens if more than one person owns the property?
If the warranty deed or tax statement relating to the property indicates that there is more than one owner, then each owner must sign an agreement indicating that the property may be used to finance a bond.What happens if I fail to appear in court?
When a property bond is issued, the court secures a lien against the property for the amount of the bail. If you fail to appear in court, a foreclosure action may be brought against the property. The court may then, after the foreclosure proceeding, collect on the bail amount that is owed. The court may also seek to recover, from the accused, the difference between any amount received in the foreclosure sale and the amount of the bail that was secured by the property.What is a Nebbia Hearing?
Most Federal Courts add a bail sufficiency requirement to the bond, also known as a "Nebbia, Nebia Hearing, bail source Hearing or 1275 bail sufficiency hearing". Basically the burden of proof is on the defendant and his/her family to show that the collateral and money paying the bond is from a legitimate source. A Nebia hearing is the process where the bail defendant demonstrates thru a motion that is presented prior to the writing or posting a of Federal bail bond that this proof has been met. The requires the defendant and the co-signers of the bond to satisfactorily prove to the governments prosecutors the origin of all collateral and premium monies paid on the bond. At Bail Yes we have over 30 years experience in writing Federal bail bonds. We have many years of experience in handling bail source Nebbia hearings and our agents have years of experience in presentation and testimony before the courts. We do all the background work for you and supply your attorney with the information.. We present a Nebbia Proffer on your behalf to the AUSA prosecutor and Judge. We supply your defense attorney with copies and a stipulation agreement. We attend the court hearing and if required give expert testimony as to the facts of your bond collateral, premium sources ETC as submitted in the Nebbia Proffer.
