Bail Bond Facts

Bail Bond Facts

Bail Bond process

 

What Bail Bonds Mean

The judge in charge of a defendant’s case will determine the bail amount required for their release from jail.

According to state law, a bail bond can be given by a company to ensure that the entire bail amount will get paid to the court in the event that the defendant fails to appear in his court hearings.

When a person is brought into custody on criminal charges, they are detained in prison to await their trials or until they are able to get released on bail.

Bail is the amount of money that a judge sets for a person accused of a crime to serve as security for the court to get released from jail pending his trials.

Bail can be set to amounts that can be quite expensive, this is why a defendant may want to seek the help of a surety bond company which is a kind of lender that deals with payments needed to release people from jail.

Surety bond companies get a bond agent to post the defendant’s bail bond.

For the service of the bondsman, they usually require a fee which is a percentage of the total amount of bail.

Sometimes, a surety bond agent may also require some collateral from the defendant such as property liens and statements of credit so that they can pay for the bail to release the person from jail.

 

Bail bond Information

 

Bail Bonds and Their Meaning

A type of surety bond called a bail bond is offered by a bond company through bond agents to get a defendant’s release from jail. There are two options for bail bonds that you can choose from.

A surety bond like a bail bond is needed to obtain the release of a person from custody pending court trials.

Bail bonds are really there to ensure that a person released from jail still shows up for their court appointed schedules.

A legal bond called a bail bond is what allows a person to get a bail release from jail.

One way you can get a person out of jail to wait for his or her court hearings is a bail bond.

Bail is what our legal system offers a person to be able to get temporary release from jail before they have to appear in front of court.

 

A bail bond is financial insurance for the court made by or on behalf of a person incarcerated to make sure that they show up during their trials once released from custody.

Bail bonds are written promises and insurance for the court that a person will show up at their scheduled court appearances after their release from jail.

 

Options for bonds

 

Varieties of Bonds

Understanding surety bonds

The most common bond that you can get is a surety bond.

A surety bond agent may require some collateral like property, cars, or anthing else of value to be sold in the event a defendant does not appear in court.

Depending on the case, a bond agent may be able to provide a bond with just a signature.

A bail agent’s surety company will secure the bond thats why they are called surety bonds.

 

What is a cash bond

When a family member, friend, or the defendant themselves pay for the full amount of bail set by the court, this is called a Cash bond.

 

Info on Appeals Bonds

When choosing to a appeal a guilty verdict for the crime a person is accused of, a defendant’s lawyer has the option to request bail so that they don’t have to stay in jail while the appeals process is ongoing.

Appeals bonds differ from surety bonds since they usually need a cash collateral for the full bail amount in the form of cashier’s checks or deposit slips.

 

What is an immigration bond

A much more complicated version of surety bonds are immigration bonds.

Immigration bonds are not posted to the jail the defendant is in but to the Immigration and Naturalization Service.

To be able to actually handle immigration cases, a bail bond agent must first have special licenses like a property or casualty insurance license.

With immigration bonds, bail is immediately forfeited if a defendant fails to make his court appearances. This is unlike surety bonds where there is a bit of time for the defendant to surrender before bail is lost.

 

How you can pay for a bail bond

 

How can I pay for a bail bond?

Paying in Cash

Cash bonds are accepted by our bail bonds company, although this can be hard for some families to get a hold of.

 

Using Credit Cards

The most useful and easiest way to pay for a bail bond is with a credit card.

Making a payment with a credit card over the phone is the fastest way that you can make get the bail process going so that a person can get out of jail.

 

Using money order for payments

If you have enough cash to pay for the bail bond but don’t prefer to bring it along with you, you can always use money order.

 

What are wire transfers

You can also pay bail through a money transfer so that you don’t have to go into our office.

 

Using checks to pay

There are times that you can pay a bail bond with a check.

 

About property liens

Serious crimes call for serious amounts of bail. This is why a bond may require some collateral to get the finances for the bail.

A property lien is usually used to pay a bail bond especially if the amount reaches $100,000 and more.

 

What is a payment plan

Some people find it hard to get the funds for even 10% of the bail.

Some people don’t have credit cards to pay for the bail bond fee. And if they do, their credit line may be too low to cover the entire fee amount.

 

About a bail posting

 

Process of posting bail

When the court sets your bail amount, a percentage or the entire amount must be posted to the court.

You can often pay the bail in cash or through other forms of payment like money order or credit card.

A document or written order will be approved by the court once the bail is posted to state that you can be released from jail.

If you are not in a position where you can afford to pay your bail on your own, you can ask the services of a commercial surety bond agent to post and secure your bond.

A nonrefundable fee will be charged by the bail bond agent that usually amounts to 10-20% of the total bail amount.

The bondsman will be responsible for paying the rest of your bail amount if you fail to show up when your are needed in court.

 

If you don’t pay the bail bond

 

If you can’t pay the bail bond…

Your bail bond will be cancelled if you don’t pay what you owe to the bondsman.

If you are unable to pay your bondsman, this is violating a valid contract and you will be open to civil violation charges or the bondsman can cancel your bail.

A 10-20% nonrefundable service fee will be required by your bail bondsman. In the event you are not able to pay this amount, your bail bond may be cancelled winding you back in jail.

 

Bonds and Bail: the difference

 

What makes bonds different from bail

Bail is the entire amount of the bond order that a defendant pays for to the court.

As long as all court requirements are met and the trial has ended, the bail money will be returned.

A bond is a bondsman’s guarantee to pay for the bail if the defendant is absent when needed in court.

A bond needs a third party to accept responsibility for bail and what the defendant needs to do.

A bondsman’s service fee is nonrefundable.

The major distinction between a bond and a bail is where the money comes from.

Bail is the total amount of money a person must pay to get released from prison.

You forfeit the entire bail amount if you fail to appear in your court hearings.

When a person or their representative pays bail, they are released from prison.

But most people who are arrested for crimes can’t afford bail.

The good thing is there are bonds you can get.

Bonds are what a bail bond company pays for bail with.

A person gets a loan with the use of collateral like a property or vehicles.

A defendant also has to pay a fee to the bondsman, usually about 10% of the bail amount.

Then, the bond agent will pay the court a percentage of the bail amount while guaranteeing the rest will be paid if the defendant does not turn up in court.

The court system agrees to these terms since it means a loss of property for the defendant if they fail to make their court appearances.

 

Cost of bail bonds

 

What is the charge for a bail bond

A bond agent’s fee is a percentage of the total bail amount the court sets.

The percentage is usually 10% of the total bail amount, but this is depending on the circumstances.

There are cases that a personal guarantee or a signature is all it takes to obtain a bond.

Collateral may be needed to secure the bond until conditions by the bond agent are met.

At the end of the court case, the collateral is returned.

 

Can I take a cosigner out of a bail bond

 

Can I opt a cosigner out of a bail bond?

A guarantor is someone who will be personally and financially responsible for the defendant. This includes also guaranteeing the full amount of the bail bond.

 

Refunding bail money

 

How to get the cost of the bond returned

A bondsman earns his bail premium once the bail is posted and the defendant gets out of jail.

A premium is the fee that you pay to the bond agency for their obtaining a person’s release from jail.

This is why the premium is nonrefundable.

Once the court case is over, you can get your money or collateral back.

The time it takes for your money to be returned depends on state jurisdiction but it usually takes several weeks or more.

If the case is federal, your bail money won’t be released back automatically.

A petition must be filed first to ask the court for the release of your bail payment or collateral.

Either way, an administrative fee will be deducted from your bail money.

If a bondsman pays for the full bail, you will need to put up collateral and pay for a service fee.

Once you meet all the conditions of the bond, the money will be returned to the bond agent and the collateral will be released back to you but not the premium.