Ad
related to: difference between fine and bail bond funds in virginia form 500 due date
Search results
Results from the WOW.Com Content Network
This means that bail funds that post bail receive the money back (minus fees) when the individual bailed out returns to court and completes their case, enabling the bail fund to reuse the money for another bail. [6] Bail funds are differentiated from other methods of paying bail in that they are often unconnected to the individuals who receive ...
Fines can also be used as a form of tax. Money for bail may be applied toward a fine. A day-fine is a fine that, above a minimum, is based on personal income (similar to progressive taxation), [7] as opposed to a fine of a fixed amount. Day-fines are often implemented to alleviate some of the burden on people experiencing poverty, who might ...
For example, a motorway construction contract may have an estimated finish date with a "penalty clause" for every day late; but provided that this date is realistic and the "penalty" is a reasonable approximation of loss, the clause will be valid. The validity of the clause will be advanced if there is an equivalent bonus for finishing early.
Sep. 14—A local judge's explanation of the process for determining bail and bonds shows it's pretty tedious and time-consuming. A bail is a set amount of money defendants must pay to the court ...
For premium support please call: 800-290-4726 more ways to reach us more ways to reach us
Within this time frame, there are short-term bonds (1-3 years), medium-term bonds (4-10 years) and long-term bonds (10 years or more). At the end of this term, known as the maturity date, the full ...
CJFOs are permitted by law in all 50 states; however, the amounts permitted may vary greatly. As of 2016, the maximum fines assessed for felony convictions ranged from $500 in Massachusetts to $500,000 in Alaska. [15] Behind Alaska, the highest maximum fines permitted were $200,000 by New Jersey, and $100,000 by Colorado and New York. [15]
Discover the latest breaking news in the U.S. and around the world — politics, weather, entertainment, lifestyle, finance, sports and much more.
Ad
related to: difference between fine and bail bond funds in virginia form 500 due date