Delaware Order Refunding Bond
Description
How to fill out Order Refunding Bond?
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FAQ
The judicial officer may release a defendant on his/her own recognizance, also known as "OR" bail. The defendant is not required to pay any money, but must sign a bond guaranteeing their appearance for future court appearances.
When do I get my money back on a bond? Once the defendant's trial has concluded, the bail is returned to the individual who posted it.
Cash Bail is money that you pay as a deposit for the release of a person who has been arrested (also known as a defendant). The Department of Finance holds the money to help guarantee that the defendant will return to court for their trial.
By definition, the term ?refunding? means refinancing another debt obligation. It is not unheard of for municipalities to issue new bonds in order to raise funds to retire existing bonds. The bonds which are issued to refund older bonds are called refunding bonds or pre-refunding bonds.
