Your Guide To Understanding Bail Bonds
We can be surprised how our own stupidity has placed us in unwanted circumstances or situations as regularly as a queen bee lays her eggs. And those actions have seven out of ten chances in getting a proper warrant.
If you find yourself in a sticky and “not so pleasing” situation, may it be intentionally or being accused of something you clearly have nothing to do with (like being in a position where you got arrested for some unknown random reason) which you know is not even a proper excuse, because you can’t get imprisoned without being a potential suspect of the case. Now, if this is the case, you can stay out of jail until your next trial or hearing is set out, in the form of paying bail.
What Is Bail?
When an arrested person or a criminal defendant charged with alleged offenses appears before the court, bail is usually set out. Bail is generally a significant amount of money established by the judge during the defendant’s hearing. When paid, the defendant who is currently under police custody can be released from jail to travel back home, to standby until his next trial or hearing is dated. Check this out: https://money.howstuffworks.com/bail.htm.
However, it is important to note that this is not intended to penalize the defendant. The sole purpose of this agreement is to ensure that all the necessary court appearances will be attended and certain constraints and conditions are confirmed by the criminal defendant while his or her case is still ongoing. Seeing it in this light makes it appear more of collateral or assurance of the court.
Once the criminal defendant has kept his side of the bargain, the money will be returned after the case has been resolved in trial and certain papers have been processed. However, when the defendant neglected his or her obligation, such as failing to show up to a court hearing, or has breached any of the restrictions given to him, the defendant will forfeit the money to the court.
This System is nearly limited to operate in two countries:
- United States of America
The defendant has the choice of whether to pay the amount in full cash, to opt for a bond, or to remain behind bars until one can prove innocence in court. Since bail is commonly put out in a substantial amount of cash, not all are privileged enough to have a huge sum of money at hand, and cannot easily acquire cash is such a short period of time. This is where bail bonds come in handy. One can hire a Bluestar Bail Bondsman, bond agent, bonds person or dealer, to post a bail when the defendant is financially incapable. I mean you can go for staying in jail, but as far as I know, nobody wants to hang around in prison.
Bail is generally set out in a high amount by the court to guarantee the defendant’s return. This amount is usually way beyond the financial means of the defendant. In this case, when a defendant himself cannot offer payment, he or she can arrange for a bond. A bail bond is carried out by a bondsman or agent.
A bondsman can be hired by the criminal defendant to post the surety money on his behalf. There are certain businesses in the field that offers or caters bail bond services, such as bond agencies or companies. A bonds person imposes a non-refundable fee, ranging from 10% to 20% of the total amount (read more). The portion varies depending on how much the company has agreed upon. When the company has already signed the formed contract, the company then will act as surety money before a court and will be held liable of for the remaining amount, given any situation does the defendant fail to recognize the requirement of his presence in court.
Concerning the amount the company has to forfeit to the court, bondsmen will often require some sort of collateral or security from the defendant, other than the signed, terms of agreement of the contract. This collateral could be in the form of jewelry, assets, or properties, like homes or vehicles. This is then used to push through the payment of the 90% of the bail, in a situation where the criminal defendant has fled or disappeared.