Monday, October 20, 2014

what is a p.i. bond, and why would someone qualify for it?

Question

what is a p.i. bond, and why would someone qualify for it?



Answer

You are probably talking about a PR bond. PR in an abbreviation for personal recognizance. Essentially this is a bond to appear in court that has no security or surety. It is usually granted to first time defendants accused of low level offenses..



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