How Bail Bonds Work?

Information on Bail Bonds

Details About Bail Bonds

It is up to the court to set exactly how much bail a person arrested for a crime has to pay to get released from jail.

Companies are legally allowed to offer bail bonds as a security to that court that a person’s entire bail amount will be paid if they do not show up during their court appointed appearances.

From the moment a person is arrested for a crime, they will be held in jail until they appear in court or they can get out on bail.

A bail hearing is when a judge sets a defendant’s bail which is the amount of money that is a security for the court for the defendant to show up when he is needed in court.

If a defendant can’t afford the high amounts of bail set for them, they can get the assistance of surety bond companies that offer deals to help people get released from prison.

It is a bondsman from the bail bond company that posts the bail bond for the person held in prison.

Usually, the bond agent takes around 10-20% of the entire bail amount as a fee for the services that they do.

For the bondsman to be able to post the bail for the release of a person from prison, they may need some collateral like properties and other valuable assets to afford the bail bond amount.

 

The Deal with Bail Bonds

All About Bail Bonds

Bail bonds are what a person can get through surety bond companies who appoint bondsmen to release a defendant from prison. There are two kinds of bail bonds you can choose from and they are also both surety bonds.

Bail bonds are surety bonds that one gets to secure their release from prison.

The main purpose of a bail bond is to act as a security for the court that a defendant will still appear during his court trials after he or she is released from jail.

A person gets out of jail with a bail release through a bail bond which is a type of legal bond.

A person who is arrested and held in jail can be able to get released before their trials through a bail bond.

Our legal system provides bail so that a person who is accused of a crime can get out of jail before their court trials begin.

 

A bail bond is financial security that ensures a defendant’s appearance in court once they obtain release from prison.

A bail bond is a contract and surety to guarantee a defendant shows up in their court hearings when they are released from prison.

 

Bonds: Know the main types

The Different Bond Types

Definition of surety bonds

Surety bonds are the most frequent bonds used.

The bail bondsman requires collateral like property liens, cash, or any other valuable asset that can be used to pay the bail in the event a defendant does not appear in court when they are called for.

It can happen that you are able to get a bond from a bail bond agent with just a contract.

It is called a surety bond because the bondsman’s surety company will guarantee the bonds given.

 

Know about cash bonds

Cash bonds happen when the entire bail amount that the judge sets is paid for by the defendant or their representative.

 

Understanding Appeals Bonds

A person’s lawyer can always request for bail in the instance that they are found guilty and they choose to appeal this verdict. This is so that they are not kept in custody while the motions for the appeal are going through.

An appeals bond is unlike a surety bond based on the fact that they require collateral for the entire bail amount. This can be offered in the form of checks, deposits, cash, or credit.

 

Understanding immigration bonds

Immigration bonds and surety bonds work the same way but immigration bonds are more complicated to obtain.

Instead of being posted to the jail where a person is detained, immigration bonds are posted to the Immigration and Naturalization Service.

A bondsman must first have specific licenses to be able to handle immigration cases.

Bail is immediately forfeited for immigration bonds the moment the defendant fails to appear in court whereas surety bonds allow some time for them to bring themselves in before taking back the bond.

 

Ways to pay for bail bonds.

What are the ways to pay a bail bond?

A Cash Payment

Our bail bonds company does accept cash for our services, although it is understandable if families find it hard to afford at such a short amount of time.

 

Paying with a credit card

The easiest and fastest form of payment that you can make for a bail bond is through a credit card.

The best way to make a person’s bail process go faster so that they can get out of jail is to pay the bail bond with the use of a credit card over the phone.

 

Money Order payments

Money order is a great way to pay for a bail bond if you have the cash but don’t want to carry that much along with you.

 

Pay with a wire transfer

You don’t have to come to our office altogether if you choose to pay for bail through wire transfer.

 

Writing a check

Checks are also an acceptable mode of payment for bail bonds.

 

A real estate lien

Bond amounts, like in serious cases, can be extremely steep and collateral may be needed like real estate liens to cover the finances needed.

When it comes to bail bonds that amount to $100,000 and over, real estate liens are usually used as payments for the bonds.

 

Info about payment plans

Even 10% of the total bail amount can be financially difficult to attain for some families.

For others, it may be more difficult to pay the bail bond fees since they don’t have credit cards or enough in their credit line to cover the fee amount.

 

Info about posting bail

How to go about posting bail

Once a judge sets how much a person’s bail is, that full amount or a specific percentage must be paid to the court.

You can use cash, money order or other forms of payments to post the bail.

After you post bail, an order will be issued by the judge stating that you are approved to be released from custody.

If you aren’t able to gather enough funds to post your own bail, you can get the services of a bail bond agent to pay and secure your bond.

The bail bondsman will usually collect a service fee of 10-20% of the entire bail amount.

In the event that you are unable to attend your court hearings, your bond agent will take responsibility in paying the entire bail amount.

 

About not paying for the bail bond

What happens if bail bonds aren’t paid

The bail bond agent has the right to revoke your bond if you fail to give them what you owe them.

You can get charged with a civil violation or have your bail revoked if you violate your agreement with your bond agent by not paying them what is due.

You can have your bail bond taken away and find yourself back in prison if you fail to pay the 10-20% service fee required by your bondsman.

 

A bail as opposed to a bond

The variation of bails and bonds

Bail is the total amount of the bond order that a person posts to court.

You can get your bail money back when the court trials are over as long as all the court requirements are fulfilled.

Bonds are what a bond agent uses to insure payment for a defendant’s bail if they fail to meet their court appearances.

A third party is needed with a bond to guarantee the payment of bail and that the defendant shows up in court.

You can’t get back the service fee that you pay your bail bond agent.

You will know the difference of a bond and a bail if you look at the source of the money.

The amount of money that you need to pay to obtain your release from jail is what is called bail.

The moment you are absent from your court appointed appearances, you forfeit your bail.

Once the defendant or their family member pays for the bail, they are released from jail.

But paying for bail can be difficult for many who are brought into custody.

Bonds are there to help in these situations.

Bonds are the money that surety companies use to post bail.

Collateral like houses or cars can be used to secure loans for bail bonds.

A set fee of about 10% of the total bail must be paid to the bondsman.

The bail bond agent will pay a partial amount of the bail and will ensure the rest will be paid in the event a defendant fails to show up in court.

This is agreeable to the court due to the fact that the defendant will suffer a financial loss the moment they fail to show up in their court hearings.

 

How much bail bonds are

The amount you have to pay for a bond

The service fee for a bail bond agent is a percentage of the entire bail amount dictated by the judge.

Depending on the person accused and their case, the usual bond agent’s fee is about 10% of the bail amount.

A bond can be secured with just a signature in certain cases.

Collateral can be held unless all the conditions for the bond are fulfilled.

You can get your collateral back once the court trials are over.

 

Can cosigners be removed from bonds?

Can cosigners be taken out of bonds?

A co-signer is the person who not only is responsible for the defendant, but also ensures the payment of the full bail amount.

 

How to refund your bail money

How your money for the bond can get refunded

the moment the bail has been posted and a person is released from prison, this is when a bond agent earns his premium.

A premium is paid to the bail bond agency for facilitating a defendant’s release from prison.

Because of this, you won’t get your 10% fee back.

The person who pays for the bail can get their money or collateral back as soon as the court trials are over.

It can take several weeks or months before your money is returned also depending on your state’s jurisdiction.

Your bail money won’t be released right away if you are dealing with federal cases.

For the courts to release your bail payment or collateral, you must first file a petition.

The court often keeps a portion of your bail amount as administrative fees.

A premium and collateral will be needed if you go through a bail bond agent to pay the full amount of bail.

You will get the collateral back but not the premium once all the conditions of the bond are met and the money is returned to the bail bond agent.