Bail Bonds- A Closer Look

What are Bail Bonds?

It is basically a type of bond used in order to achieve the release of someone who is incarcerated, and has been ordered to give bail in order to be released pending trial. Once it have been posted on behalf of the suspect, the accused is then released from police custody pending the final outcome of the trial. If the person does not return to court for his/her trial, the ordered amount is then forfeited, as well as any other collateral filed with the court as part of the bail bonds.Do you want to learn more? Visit bail

Who Issues Bail Bonds?

It is most commonly issued by licensed bail bondsmen. These agencies specialize in the field of issuing bail bonds, and seeing that their clients do show up in court when their trial begins, they must be licensed by the state.

How Much Do Bail Bonds Agencies Charge for Their Services?

The average cost of hiring them to get someone out of jail until closure of their criminal case is right around 10 percent of the actual bond cost. This does not include actual expenses agencies, which include any necessary and reasonable expense incurred with the association of the transaction. Agencies do not determine the cost of the bonds. That is up to the court to determine.

What Do Bail Bonds Agencies Do For Their Clients?

They will commonly provide their clients with:

receipts for any monies spent

copies of all signed documentation

information regarding the status of the bond, as well as status on any changes

prompt return of any and all collateral upon exoneration of the bond

If you have been arrested, or if you are ever arrested, the first thing you should do is consult an attorney before making any sort of arrangements. Although sometimes hiring an agency is your only feasible option, your attorney may be able to help you explore possible alternatives.

Bail Bonds- An Overview

The bail bond process requires a contractual agreement, which is enforced by a bail agent and the individual bail deposit. In such a case, the bail agent gives the court a promise that the defendant will appear in court any time the judge so needs. Consequently, a bail bond is an promise signed by those convicted of a crime to ensure their attendance at court when they are called. Do you want to learn more? Visit bail

For this service the bail agent charges a percentage of the defendant’s bail sum. So, one advantage of bail bond is that this duty means that if the accused will not appear for trial, the accused will lose money. The defendant or someone close to the defendant visits the bail agent to arrange for the post bail, which results in the defendant’s release. Typically a defendant’s relative or close friend post bail and co-sign. However, if the defendant refuses to appear in court until the bail bond can be issued, the co-signer or the person calling the bail bond agent must promise to pay the full amount of bail.

The bail agent often doesn’t need a collateral to post the bail. A individual can be bailed out of jail by a friend or relative’s signature. Usually, however, co-signers must be working, and for some time they must either own or rent a home in the same location. The bail agent posts a bond for the bail sum after the agreement is signed to ensure the defendant’s return to trial.

When entering into an agreement with the bail agent, the co-signer has a lot of responsibility, so that if the defendant refuses to appear, the co-signer is automatically responsible for the entire amount of the bail. And, if the bail agent looks for the defendant and never finds him, the cosigner is again responsible for all costs incurred by the bail agent in the process.

In certain cases , the court requires convicted to be released by paying ten per cent of the bail bond payment directly to the nearest prison or court. But this is only in certain cases where the defendant can not lift the full amount of bail at one time. In other states, however, defendants will pay the entire bail sum through a bail bondman.

Although in this case a collateral must be signed by the defendant or the co-signatory. The operation then resembles that of the other bail officers. After the court order is over the collateral is returned to the defendant and the case is dismissed. This suggests discharging of the bail bond.