What You Need to Know About Bail Bonds

When someone is arrested and charged of a crime, he will be taken by the police or law enforcement to jail for booking, fingerprinting, mug shots taking, and his statement will be obtained. A bail bond can be provided to release a defendant from jail while he is awaiting trial on his criminal charges. A bail bondsperson, bail bondsman, bail bond agent, or a bond is a person, agency, or a corporation that will be acting as a surety and pledge money or property as bail for the appearance of the defendant in the court on the specified trial dates.

There are different ways so a person can be released from thecustody of law enforcement or jail including the use of a bondsman, the use of real estate property, posting a cash for the full amount fo the bond with the jail or court, and through the judge’s decision. The court sets the bail’s monetary value, and a bonding agency can act on behalf of the defendant so he will be released in exchange for money or colalteral in a form of either asset, bond, or cash. The bail agency or bail bondsman will ensure that the person will appear in court on the trial dates. If the person fails to appear in court, the bail agency can hire a bounty hunter so the defendant will be tracked. When a bail bondsman who is working in a bonding agency agrees to act on behalf of the defendant, he charges a fee which is about 10% of the total amount of the bail to the defendant. Even if the case has been dismissed after the suspect posts the bail, this fee is no longer refundable. The bail bondperson will take out a security against the assets of the defendant in order to cover the bail’s cost. In any event that the defendant will not have enough asset to cover the cost, the bondperson will take out securities against the defendant’s friends and relatives who are willing to shoulder the cost.

You need to be prepared to provide information to the bail agent so you can be helped such as the city, state, and the name of the jail, the booking number and the full name of the person in jail, and the amount of the bail. You should ask permission from the court and the bonding office if you have plans going abroad or to another state, otherwise, you might be subjected to arrest. The different forms of collateral accepted by bonding agencies, they include stocks, jewelry, bonds, bank accounts, credit cards, cars, real estate, and personal credits. Come and visit our homepage or website to find out more info about bail bonds today.

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