Bail Surety Bond

When someone is arrested and needs to be released from prison, they often need to post bail. Although bail amounts differ depending on the severity of the crime committed, the majority of people have to pay a specific amount in order to let the suspect out. In some cases the defendant might not have enough money to pay for bail.

A surety bond is the solution. A surety bond can be described as a form of insurance policy that promises that the person who is in court will appear at their court appearance. If they don't show on time, the insurance company will take the blame. We will be discussing what a bail surety bond is and how to get one.

What is the Best Way to Find a Surety bond?

There are a variety of options available to get a surety bond. The first is to use an insurance company. The other option is to go through a bail bond company.

The third and probably the easiest way, is to use an online bail bond company. The online bail bond service allows you to quickly get approved for bail bonds and get money delivered directly to the prison where your beloved ones are being held.

What are the prerequisites to get an insurance bond?

There are a few requirements you must be able to meet before you can get an insurance policy called a surety bond. You must be at minimum 18 years old. You will also need cosigners who are at or above 18 and has good credit.

The third requirement is to have sufficient funds to cover the bond's premium. The fee is typically 10 percent of the total bail amount. Fourthly, you'll have to provide security to the bail bond firm.

Collateral can be anything which you must use to ensure the security of your bond. It can be used to pay the costs of the bail bonds company's refund if you do not pay or fail to make it to the court. Collateral may be money, jewelry or other property.

What role does Bailbonds Man Play?

A bail bondman is described as an individual who assists with the process of posting bail. Bail is the money that the defendant has to pay in order to get out of jail in the midst of their trial.

The amount of bail is decided by a judge in the arraignment which is the first court appearance following the arrest. A bail bondsman may be called when the defendant is in a position to pay the entire bail amount.

The bail bondsman will place the bond on their behalf, for an amount. The cost is typically 10 percent of the total bail amount.

FAQ's Regarding Bail Bonds

Do I require an attorney to obtain bail?

A: It is not necessary to engage an attorney. However, it can be helpful to have one.

Q: How long will it take to apply for a bail bond?

A: The process typically lasts between 30 and an hour.

Q: What is the cost of a bail bond cost?

A: The cost is typically around ten percent of the total bail amount.

Q What happens if miss my court date?

A In the event that you do not attend court and the judge fails to show up, the judge will issue you with a bench warrant for arrest. This will mean that you will be placed in custody. You'll need to pay bail once more in order to be released.

Q: Will I be able to get a refund if I post bail on my own?

A: You are not eligible for any refunds if your bail is deposited by yourself.

Q What happens if I leave the state when my case is pending?

A: If you leave the state while a case is pending, you may be declared a fugitive from the justice system, and be extradited to the state in which the case is pending. You could face additional charges.

Conclusion:

We would like to conclude by saying that a surety bond for bail is a good option to consider if you are facing criminal charges and require bail. A surety bond offers security that guarantees that you will show up for your court date. The company that guarantees the bond is accountable for the entire bail amount in the event that you don't appear on time.