Bail (or Bond money) question

[Qtip]

What is the name of your state? IN
If someone is put in jail, bails out, and then found innocent does is that person entitled to the money back? Is it something you have to ask for or do they automatically give it back?

 

[fairisfair]

I am not an expert at being thrown in jail, but I believe that they are entitled to most of the money back, whether they are found innocent or guilty. The bond is to insure that they show up for court. Not a bet on whether they are innocent or guilty.

 

[Qtip]

Thanks, fairisfair, you did just fine.

 

[fairisfair]

why, thank you, and you're welcome.

PS. Yes, ask for it back. If they haven't given it.

 

[justalayman]

just to make a clarification, if you paid a "bail" you, or the payee are entitled to the money back. I don't know if they can legally withold the administrative fees and such they usually do when a suspect is found guilty though.

If you paid a "bond", you aren't getting anything back. A bond is effectively an insurance policy you purchased for a % of the actual bail amount. The bondsman gets to keep the bond purchase price. That is how they make money.