Bail Bond Services : Everything You Need To Know
If you find yourself in jail, the first thing you'll need to think about is how to be released. Bail bond companies are here to assist. Bail bond agents can get you out of the jail quickly and easily to allow you to focus on your case.
In this article, we'll discuss the bail bond process, and how they can assist you in getting out of jail faster. We will also offer some tips on selecting the most suitable bail bond company for your needs!
What is Bail Bond?
A bail bond is surety bonds that is placed on behalf of a defendant in order to guarantee their release from prison. A bail bond is a contract between a bail agency, the court and the defendant. The bail agent is responsible for the forfeiture of the entire amount of the bond in the event that the defendant is not present at their court date.
Most people find that bail bonds are not an option since it involves a significant sum of money to be paid upfront. Bail bonds can be the answer. Bail bonds are like insurance policies that will cover the cost of your bail in the event that you are unable to pay it on your own.
How Do Bail Bond Services Work?
When you sign up for a bail bond service and pay a fee that is non-refundable (usually about 10% of the total bail amount) and the bail bond company will post bail for you.
You are responsible for your court appearances.
If you fail to appear in court then the bail bond company is on the hook for the total amount of bail and typically will hire an investigator to find you and take you back to custody.
How Is A Bailbonds Man Different From The Bail Agent?
A bail bondsman is a business or individual who can act as a surety and pledge money or property as bail for the person accused of being present in court.
Anyone or any company who accepts to act as a bail agent for a person or entity is subject to the requirement that the defendant does not appear before the magistrate or court.
In essence, a bail bondsman posts bail on behalf of you while an agent for bail is accountable to make the court appearances.
What are the risks of Using a Bail Bond Service?
The primary risk is that should you not show up for your court date and the bail agency will forfeit the funds they set up for your bail. It is also possible that you will be required to pay a fine if you use a bail bonds service.
The fee is usually an amount of the bail amount and is paid upfront to the bail agency. For example, if your bail is set at $2000, you could be obliged to pay a $200 fee to the bail agency.
If you are present for all of your court dates, the money is given back to you at close of your trial. The bail may be forfeited in the event that you do not appear in courtor breach any rules or conditions imposed by the bail officer or court.
The court keeps the funds and can issue an arrest warrant. You may be required to pay additional fees for the bail agent in certain instances.
Conclusion
While bail bonds can be an effective way to quickly get out of jail, it is important that you understand the risks before using them. Before signing any contract be sure to understand the terms you're signing and ask many questions. If you are unsure, it is always best to consult with an attorney beforehand.
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