Re: What Does It All Mean and What Can I Do
First of all, the above advice is more than just sound. However, I will answer your question about the bond.
A XC bond is a type of split bond employed by the Marion County Indiana Superior Courts. The XC bond is a hybrid composed of two distinct bail bond types: surety and cash.
The surety portion of the XC bond is posted by a bail bondsman. The bondsman charges 10% of the amount of the surety bond set by the court.
The cash bond portion of the XC bond may be posted by anyone in tandem with the surety bond portion. The cash bond is the entire amount as set by the court.
Both portions of the XC bond must be posted together at the same time and location..
Even if the defendant attends all court appearances, The Marion County Superior courts may retain all or a part of the cash bond for costs and/or fees related to the case. Any remaining part of the cash bond deposit is then refunded. The premium paid to the bail bondsman, by law, may not refunded.
In this instance the bail bond expense would be $1000. $500 as a cash bond to the court and $500 for the posting of the $5000 surety bond.
Please take care.