How do bail bonds work?

A Bail bond is an insurance policy and it is a very important part of judicial system. Bail bonds are crucial pledges to be financially accountable for the bail set by the court.  It helps to minimize jail overfilling. The bond will be posted and the indemnities will be directed on how & approximately when the defendant will be released. The judge typically set a bail and a bond.

Portrait of successful businesswoman and colleagues on background, at office

Portrait of successful businesswoman and colleagues on background, at office

Once bailed the suspect should be abide by certain laws until his case is heard before judge. It ensures the presence of the defendant until the final hearing of his/her case. The suspect is expected to follow some laws and restriction until his case is heard before judge. When someone is arrested on suspicion of a crime, that person will be taken to jail and he/she can be asked for statement and fingerprints.

What is Bail?

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Bail is basically a financial process that bail bond agency makes on behalf of their clients.  Arrested persons can obtain bail but it totally depends upon the jurisdiction and the nature of the crime. It is possible that he or she can get bail within few hours. The amount of bail can vary from small amount to large figure. The fiscal value of bail is set by the court.  When a person fails to obey all the conditions set forth in the bail procedure then it leads to loss of the bail money and the person can be immediately return to the jail. Scheduled visits and electronic monitoring with law officials should be done during the provisional period of defendant. Bail can be directly paid to the jail in order to ensure defendant release trial. The amount of bail money that is required by the court is around one tenth of the total bail amount. It is basically a release of a person who is charged with an offence and he will appear in the court to answer the charge. Travelling outside the jurisdiction of court is prohibited in some cases or only possible with consent of court.

Role of Bail Bondsman

Bail bondsmen are professional agent who specializes in providing bail bond to the people who are charged with an offence. A bondsman charges a non-refundable fee from defendant for posting a bail. Bail bondsmen act as a third party in obtaining the temporary release and operates in many locations. A bail bonding agency helps the defendant to get bail in exchange for money which may be assets and cash.

Conclusion

Being arrested is very stressful and perplexing and it is imperative to choose right bail bond agency to protect yourself from mental trauma and financial hardships.

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A Quick Look on the Types of Bail Bonds

What is Bail Bond?

Meeting

A bail bond is a financial arrangement made by a bail bonding agency on behalf of the criminal defendant.

After the petition of bail bonding agency, the court agrees to release the suspect on the condition that he would show up at all court dates.

The suspect gets bail in exchange for money, assets or a bond and the monetary value of the bail is set by the court. The bond ensures the full payment of the bail amount. The court either accepts the full bond or a 10% cash down payment for the release of a convict.

The bail bonding agency safeguards that the accused arrives in court on the day of trial. Incidentally, if the suspect fails to come, the agency hires a bounty hunter for tracking the individual.

Types of Bonds

Unsecured Bond

Unsecured Bond is a bond which doesn’t require upfront money. The accused signs a contract and agrees to show up at all court dates. He also confirms that a particular bail bond amount would be paid by him if he fails to appear in court.

Cash Bond

Unlike Unsecured Bond, Cash Bond is issued when the bail is paid to the court in cash. The amount is returned after the defendant appears in court. Any person can issue Cash Bond on behalf of the defendant with the help of a professional bail bondsman.

Property Bond

Also known as secured bond, a property bond involves a pledge of real property. The defendant or anybody on behalf of defendant, willing to give his or her property as security can issue property bond with the help of agent. The court has the right to acquire the property if the defendant fails to appear in court. In most cases the value of the property (or the equity therein) must be at least double the amount of the bond.

Surety Bond

The Surety Bond is issued by the bail bondsman on the behalf of defendant. A bail bondsman charges a non-refundable fee and gets collateral from the defendant to reduce the risk of loss. However, if the suspect fails to appear in the court, the bondsman is accountable to the court. Similarly, a person accused of a federal crime needs to post a federal bond.

Bottom Line

Select the suitable bail bond very wisely. You should ask the bail bond agent to explain his charges through an itemized summary. Don’t forget to collect the receipts for each task and keep them carefully. State laws may be different from federal laws. Hence, do check your references carefully before selecting bail bonds San Bernardino.