Bail bonds
In its essence, a bail bond is a kind of assurance that you are going to attend the trial at the specified date. In return, you are allowed to walk free even if you are still undergoing trial for a criminal or civil charge. Alternatively, you will sit in jail while waiting on the court to rule on either acquittal or conviction. A bonding company can post bail for you and get you released from jail.
Depending upon the allegation, the cost of bail can be steep. Not a lot of suspects can post the bail. There's a reason why the correctional system is overloaded. However, there's a legal way to earn your temporary release even while your lawsuit is still in progress. With our website you can locate a reputable bonding company in Floyd County.
Just what is a bail bond?
A bail bond is a surety bond that is supplied by a bonding company to help with the release of an apprehended individual so they can await their court hearing outside of jail.
There are 2 types of bail bond, particularly a criminal bail bond and a civil bail bond.
A criminal bail bond comes into play in criminal cases. It makes sure that the defendant shows up during the course of the trial and at the same time ensures that the offender will pay the fines and penalties required by the court.
Civil bail bonds are for civil cases. These use surety on the financial obligations, interests, and expenses imposed on the defendant.
Do I need to hire a bail bondsman?
When you can afford to pay bail by yourself, you certainly don't need to employ the services of a bail bondsman. For one, they require a fee for their service, not to mention the collateral you have to provide for what is certainly categorized as a loan.
In nearly all states, the bondsman will charge a fee of around 10-20% of the overall amount of the bond. You will not get this refunded even when you are cleared of the crime. On the upside, you do not need to bother with submitting the necessary documents or need to deal with court personnel because the bail bondsman will handle everything for you. Second, you will have a better prospect of getting your bail application approved by virtue of the reputation of the bail bondsman alone. Third, as a result of their experience with the process, you can possibly be released from jail in a couple of hours.
And lastly, the bonding company knows the value of a good impression while appearing in court. If you are committed to the local or federal prison, you will be hauled to the courthouse in the official inmate's uniform. On the other hand, if you are out on bail, you are able to dress smartly and ensure a good impression on the judge and jury.
How does the bail bonds process work?
To begin the bail bonds procedure, you first need to get a bonding comany. You can do that in person, over the phone and even online. Given the strict adherence to professionalism, a bail bondsman will happily walk you through the bail process and iron out any reservations that you may have.
Time is of the essence during this process. Once the bail agent addressed all of your questions to your satisfaction, the bail agent will deal with all of the formalities crucial to get you or your loved one released from prison.
To ensure all goes well, a bail bondsman needs to know the defendant's name, birthdate, and the location or city of the arrest. With this info, the bondsman will be able to gather extra details from the jail system needed to secure the release. After dealing with all the formalities, the bondsman will go over to the prison to get the accused released.
Using a bonding company to bail out yourself or someone you love is that simple, you can be out of jail and reunited with your loved ones in a matter of hours.
Preparing to meet with a bail bondsman?
You need to have the following relevant information handy when talking with the bondsman:
- The offender's name
- The prison, city, and county where the defendant is committed
- The accused's booking number
- The charges against the offender
- The amount of the bail bond
What is accepted as collateral?
In most cases, the bonding company will require collateral with the transaction. This is understandable, taking into consideration the risks that are involved. An offender is a possible flight risk, and there have been countless occasions where a bail bondsman needed to employ a bounty hunter to bring back the fleeing offender.
But what is acceptable as collateral? Essentially, if a bonding company considers something valuable, you are able to use it as collateral for the bail. Listed below are a couple of examples:
- Realty
- Vehicles
- Stocks
- Jewelry
- Electronics
- Bank accounts
- Credit cards
If you have trouble paying for the bail bond, bonding companies have payment plans that you can make use of. Just speak with the bail bondsman to determine what option is the best one when it comes to your situation.
You can use our site to find a bonding company that will be perfect for you. Almost all of them operate 24 hours a day, seven days a week, ready to assist you or a friend to spend the as little time as possible in jail.
