What Exactly Are Bail Bonds?

What is a Bail Bond?

When you are charged a judge will decide the bail number. That is the sum of money you’ll use to bail out of prison and preparing on your court date. Based on the severity of the felony in which you are convicted, the bail can be a large or a low sum. The main reason for a bail bond is to ensure that when the time comes to go to court you’ll be around.Caswell bail bonds service to read more.

Bail incentive numbers slightly

Often the bail payment imposed by the judge is small enough to encourage you to fund your own bond; but, if it is very large you may need to call a bail bond service. They should give them a portion of the bond and a bonding firm agent, a bail bondman as they’ve been usually named, or a bondsperson can post the bond and you can stay out of prison.

Of eg, if the bond were $50,000, that will be a relatively significant sum payable for certain individuals. A larger bail is usually set for felonies rather than misdemeanors. More possibly you ‘d give the bonding firm 10 percent of the number, which would be $5000, and they’d post the $50,000. The $5000 you give to the lending firm won’t bring you out.

Misdemeanor charges usually do not have high bonds, and bonding firms charge about 20 per cent of the bond for this type of charge. If your bail is set at $1000 you would only have to pay $200 instead of $1000 to the bonding company. The bail bond company keeps this as a fee for posting your bond, too.

Want a Bail Bondsman?

It’s not difficult to hire a bail bondman. They ‘re mentioned in the phone book, online and if you’re detained, several law enforcement officers will lead you to one. Since they are also helping individuals together of the jail, many law enforcement agents know them personally. There are typically bulletin boards near the telephone with multiple business cards and their telephone numbers, which by the way most take day or night calls.

Often the bail bond firm would allow you to get a co-signer who signatures that they will offer up security if you don’t turn up for trial, especially in the case of a misdemeanor. This could be a home, boat, or car worth the amount of the bond less the amount that you paid to the bonding firm.

Very certainly a bail bondsman would take a snapshot of you and write down all important detail. It will involve where you work, where you sleep, where you build your vehicle, model number and license number. He’ll also take note of your friends and places to hang out. Your co-signer might even have their picture taken.