Do You Need Bail Bonds?
People who issue bail bonds are called bail bondsmen. There is a standard fee associated with receiving a bail bond. Sometimes, a bondsman will refuse to help; this typically happens if the fee that would be collected is not sizeable enough to make it worth his time. In this situation, the bail bondsman pay the fee to the court in cash, and the person accused must pay the bail bondsman back. Bail bonds, in essence, are loans. To secure payment, the bail bondsman will take collateral from the accused. Collateral most commonly is a mortgage placed against the defendant's property.
Bond is set high more often than not. This amount is always based on the type of crime committed, the history of the accused, and other factors. Only after you appear in court on your assigned day will your bail be refunded. Without doing this, the amount is forfeited.
A bail bond called a surety bond is one option. Courts prefer this bond over others because a friend or family member puts up the cost and will typically take steps to ensure the accused attends. Another bail bond is established when the courts hold property or real estate as collateral to release the accused; this is called a property bond. This bail bond is only an option if the accused has time to wait for the judge's approval and the appraisal of the property being held. For someone who has a clean history, a ROR bail bond may be an option. As long as the defendant is anchored in the community by a job or a business, family ties, or other reasons, this bond is an option. A final option for someone on bail may be an electronic monitoring bracelet. These allow the accused to continue to participate in daily functions such as work and errands. If they attempt to leave the designated area, however, the authorities are alerted.
There are many options available today for a person who requires a bail bond. It is important to always keep in mind that a bail bond is a type of loan.
The average citizen is unfamiliar with bail and bail bonds. Despite the lack of widespread knowledge, it is not complicated. After being arrested and locked up, a person can give the court money, or bail, to ensure a temporary release until an established court date. Bail is not a guarantee; depending on what the person is accused of and how risky it is that they may try to run away, a court may refuse bail. Bail bonds are promises to the court that allow for the accused person to be released from jail. Dependent upon an accused person's situation, a different type of bail bond may be used.
People who issue bail bonds are called bail bondsmen. There is a standard fee associated with receiving a bail bond. Sometimes, a bondsman will refuse to help; this typically happens if the fee that would be collected is not sizeable enough to make it worth his time. In this situation, the bail bondsman pay the fee to the court in cash, and the person accused must pay the bail bondsman back. Bail bonds, in essence, are loans. To secure payment, the bail bondsman will take collateral from the accused. Collateral most commonly is a mortgage placed against the defendant's property.
Bond is set high more often than not. This amount is always based on the type of crime committed, the history of the accused, and other factors. Only after you appear in court on your assigned day will your bail be refunded. Without doing this, the amount is forfeited.
A bail bond called a surety bond is one option. Courts prefer this bond over others because a friend or family member puts up the cost and will typically take steps to ensure the accused attends. Another bail bond is established when the courts hold property or real estate as collateral to release the accused; this is called a property bond. This bail bond is only an option if the accused has time to wait for the judge's approval and the appraisal of the property being held. For someone who has a clean history, a ROR bail bond may be an option. As long as the defendant is anchored in the community by a job or a business, family ties, or other reasons, this bond is an option. A final option for someone on bail may be an electronic monitoring bracelet. These allow the accused to continue to participate in daily functions such as work and errands. If they attempt to leave the designated area, however, the authorities are alerted.
There are many options available today for a person who requires a bail bond. It is important to always keep in mind that a bail bond is a type of loan.
The average citizen is unfamiliar with bail and bail bonds. Despite the lack of widespread knowledge, it is not complicated. After being arrested and locked up, a person can give the court money, or bail, to ensure a temporary release until an established court date. Bail is not a guarantee; depending on what the person is accused of and how risky it is that they may try to run away, a court may refuse bail. Bail bonds are promises to the court that allow for the accused person to be released from jail. Dependent upon an accused person's situation, a different type of bail bond may be used.
