you got 3 ways to attack the money issue depending on what stage you are at.
1. before you are charged or right at the beginning within 72 hrs, make them certify the statute.
2. if you fail to do that, try to close escrow by tendering a negotiable instrument or accepting for value the charges after asking the da for the penal sum of the charge.
3. if you are already in jail, find your bond and have the holder release it back to you. the problem with tendering a instrument after the bond goes out is who are you gonna send it to? see, the bond is whats holding u, so, if you can find the bond holder, why tender a instrument? u may be giving the wrong person free credit to use. contacting the holder of the bond is the key for someone in jail, u have to find the cusip number of the bond and request they release it back to the surety. the person in jail is the surety AND the underwriter of the bond.
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Originally Posted by mystic one
also, since there are more than one way to skin a cat.. is it personal choice if one wants to use a cpn, peruvian silver bond, iboe, or letter of credit.
Im sure one wouldnt even need to craft a fancy check, as the simple letter of credit is establishing the same fact? the letter of credit is discharging the debt per hjr-192.
letter of credit is just another bond type payment in the toolbox? kgod was talking about something about the district attorney has to certify the statue applying to the person within 72 hours at the time of adjucation. it would be interesting to know if anyone has ever been relased from prison on a letter of credit that they wrote. rumor has that its been done. would like to see if this has ever been done, as this is a fairly new topic that is rarely discussed in the forum
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