How to Secure a Bail Bond
We’ll need some information from you, such as, what is your relation to the person in jail, how long have you lived in your current place of residence, and how long have you been at your present job? This gives us a good understanding of you – the potential co- signer for the defendant in jail. A bondsman guarantees to the court that the person will appear to face his or her charge.
Basic Structure of a Bond
There are two parts to a bond. The fee, which is the fee charged to the customer and is based on the full bond amount of the bond. This can be paid with cash, credit card, check, or if necessary we will let you pay out the balance interest free. In most cases we can do a signature bond, which means that no collateral is taken; we will base our decision on all of the merits of the bond and the financial strength of the co-signer. As a co-signer on the bond you are accepting full financial responsibility for the defendant should they not appear in court.
What Happens to the Person Who Just Got Arrested?
First, the defendant is taken to a holding facility and the person is ‘booked in’. This booking process involves fingerprinting, mug-shot, and a search to find if any outstanding warrants exist. This process may take a several hours. Most defendants are eligible for bail and it is set by a Judge.
What is a Forfeiture?
What Happens When a Forfeiture Occurs? The action of forfeiture is when a person does not make their court appearance. Although it can compromise the bail agreement and the court’s view of the defendant. So, if defendant fails to go to court, please inform us immediately. The defendant must be brought back to court immediately in order to protect the bail bond company and the co-signers.
When Am I Released from My Financial Responsibility?
This is also referred to as “exoneration” or “discharge” of the bail bond. The liability of a bail bond is removed once all of the terms have been satisfied, which includes attendance at all court proceedings. The defendant is still responsible for any fines or penalties associated with the case. Upon court verification of the discharge of the bail bond, the bail agent will typically return items that were pledged as collateral, unless outstanding premium or other payments are due.