Each county will have its own bail schedule that is chosen by the court. It’s a guide for the judge to choose the right bail amount.
Bail bond agents can make the bail process go faster and post bail while they get their fee for doing do which is a small sum of the total bail amount, they also tell you what the court dates are.
A bond agent charges a premium that is regulated by the state. This will work based on your charges. If the charges are at $1000 or more, they will charge 10%. If it is below $1000, then a minimum $100 is the fee. If the bail bond is for a federal case, it’s 15%.
The indemnitor is someone who’ll be in charge of the contract for the bail bond and will give collateral for the securing of the bail bond and the defendant’s presence.
It takes about 15 minutes to finish up all of the paperwork by the bail agent, but the release itself will vary on the jail and state.
The bail bond is valid during the court proceedings.
Something that has value to be placed down for a bond in case it gets forfeited is called collateral.
Selling collateral is the way that the bail gets paid for and given to the court.
Once the case has finished, collateral will be returned to the cosigner.
After the court discharges the bond and the case is over, the collateral will be given back right away.
Premium is a fee for the work that a bail agent does, so it is non refundable.
You can post a bail bond at either the court or the jail and it is accepted at any day and any time.
People get arrested at anytime of the day, so a bond agency will also be open all the time.