6 Facts About Businesses Everyone Thinks Are True
October 16, 2017
Some Helpful Information on Bail Bonds
In case you are arrested, the court sets the amount of your bail which is the money you require 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 might pay them a percentage of the bond and to get you out of jail, a bail bondsman from the firm, as they are usually known as or a bonds person will place the bond on your behalf.
For example, if your bond is $100,000, this might be quite high an amount for most individuals to pay. A bond which is higher is usually earmarked for felonies instead of the misdemeanors. Most probably, you may need to pay approximately ten percent of this sum to the bonding firm which is $10,000, and the organization doesn’t refund you that money.
Misdemeanor charges do not include high bond amounts, and the bonding companies charge about 20 percent of their bond for this sort of charge. You can pay the firm $200 in case your bail is set at $1000, 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 in the phone book, online, and many law enforcement officers may guide you towards one in the event you’re detained. As they are frequently at the jail bonding individuals out, most law enforcement officers know them in person. 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 could be a home, boat or automobile which is the value of the amount of the bond or less than money you’ve paid the bond business.
A bail guarantor will most probably take a photo of you and note down any crucial information. This may include your home, workplace, make your vehicle, license number, and model. He will also write down contacts of friends and also the places where you hang out.