Lessons Learned About Bonds
A Helpful Guide to Bail Bonds
If you are arrested, the court sets the bail amount that is the money you need to get out of jail as you wait for your court date. Depending on the seriousness of the crime, you’re accused of, the bail might be of a low or higher amount. The most important reason for the bail bond is to ensure that you turn up when the time comes to go to court.
The court may sometimes establish a low enough amount so that you can cover your bail. However, you may have to call a bond company in case the sum is large. You could pay them a percent of the bond and a bail bondsman from the company, as they are normally called, or a bonds person will post the bail on your behalf so that you could get out of jail.
For example, in case your bond is $100,000, then this could be rather high an amount for most folks to cover. A greater bond is normally earmarked for felonies rather than the misdemeanors. Most likely, you would have to pay about 10% of the amount to the bonding company which will be $10,000, and the company does not refund you this money.
Misdemeanor charges do not attract high bond amounts, and the bonding firms charge approximately 20 percent of their bond for this type of charge. In case your bail is set at $1000, you might only have to pay the company $200 instead of the $1000. The bonding firm also retains the cash as a charge for submitting your bond.
Locating a bail bondsman is easy. They are listed online, in the telephone book, and most law enforcement officers can direct you towards one in case you are arrested. Lots of law enforcement officers know them personally since they are often at the jail bonding people out. There are generally bulletin boards near the phone with business cards from a some and their telephone numbers, which most take some time be it night or day.
Sometimes, especially in the event of a felony, the bail bond business will need you to have a co-signer who confirms that they will give up collateral if you don’t appear for court. This might be a vehicle, house or boat that is well worth the amount of the bond or not as the cash you’ve paid the bond firm.
A bail guarantor will most probably take a photo of you and note down any crucial information. This will include your place of residence, work, the make of your car, model, and license number. He’ll also note down contacts of buddies as well as the areas which you frequent.