The process may become overwhelming when a person one cares about is arrested. Bail bonds business assists the family in overcoming this difficult situation, whereas numerous individuals are curious about the way the working process is organized.
What Exactly Is a Bail Bond?
Bail bond is a financial arrangement where an arrested person is free on bail until the trial is done. In the cases where a judge puts bail, the entire amount should be placed on release. Nevertheless, the majority of the population is not able to pay thousands or even tens of thousands of money upfront. It is at this point that bail bonds services come in to rescue.
A bail bondsman makes the entire amount of bail to the court on behalf of the defendant. You, in turn, pay a non-refundable premium fee, usually 10 percent in California and 15 percent in Nevada. To give an example, when the bond is set at $20,000, you would pay to the bondsman $2,000 to 3,000 as opposed to the entire amount. The 24houronlinebailbonds.com services are available 24 hours a day to assist families to ensure that their loved one is released within a short time even during nights, weekends and holidays.
What Is the Speed of Release?
The timing is one of the most general questions that families use to ask. With a bail bond posted the time of release is dependent on the processing speed of the jail, ususually between 30 minutes and a few hours. Bustling offices or those where paperwork is done manually might be time consuming. Skilled bail bondmen know how things work in the area and are effective to help the victim fast track the process.
Do I Need Collateral?
The amount of collateral taken is subject to a number of factors which include the bail amount and the perceived flight risk of the defendant. In the smaller bail bonds, a lot of collateral is not necessary by the bailmen except in terms of the premium fee. Nonetheless, to have larger bail, some collateral like property, vehicles or other valuable things might be required. The collateral is given to the bondsman as a security so that the bondsman can be in a position to claim his money in case the defendant does not show up in court.
What Do You Do When You Miss Court Dates?
Failure to attend a court date is no laughing matter. The defendant will be arrested on the warrant of the court and will forfeit the bail. The bondsman will be losing their money and this implies that they will recover the money using the collateral or by employing a bounty hunter to track down the defendant. Moreover, the individual, who co-signed the bond, will have to pay in full the bail. In order to prevent such issues, the defendants should not skip any of the court proceedings.
Can I Get My Money Back?
The bail money paid to a bail bondsman is not refunded even in case of the dismissal of charges or on acquittal of the defendant. This money is used to pay the bondsperson the service and money risk he takes. But in the event that you have bailed the cash directly with the court and not through bondsman, then the money is usually returned to you once the case is closed, minus the court costs.
These are the basic aspects of bail bonds services that should be understood by the families to make informed choices during the tough moments. Professional guidance through the process is by engaging a reputed licensed bail bondsman.