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Facts and Benefits of Bail Bonds

When a person is suspected of a crime and is arrested, that person will be brought to jail for fingerprinting, mug shots taking, and to get his statement. While awaiting his day in court, he will be held in jail unless the person is released on bail. If a defendant fails to appear before the court on a specified date, his bail bondsperson, bail bondsman, bail bond agent, or a bond dealer becomes liable to the court to pay the full amount of the bail.

There are four ways in which a defendant can be released from custody including the use of a bondsman, posting a cash for the full amount fo the bond with the jail or court, use of real estate property, and through the judge’s decision. The court sets the bail’s monetary value, and a bonding agency can act on behalf of the defendant so he will be released in exchange for money or colalteral in a form of either asset, bond, or cash. The bail agency or bail bondsman will ensure that the person will appear in court on the trial dates. If the person fails to appear in court, the bail agency can hire a bounty hunter so the defendant will be tracked. When a bail bondsman who is working in a bonding agency agrees to act on behalf of the defendant, he charges a fee which is about 10% of the total amount of the bail to the defendant. This is often not refundable, even if the case is dismissed after the suspect posts the bail. The bail bondsman takes out a security against the defendant’s assets to cover the cost of the bail. The bondsman will take out securities against the defendant’s friends and relatives if ever that the defendant doesn’t have enough assets.

It is important to provide the needed basic information tot he bail bondsman such as the full name of the person in jail, city, state, and the name of the jail, the booking number, and the amount of the bail. If you have plans leaving the state or the country, you need to ask permission from the bonding office and the court. The different forms of collateral accepted by bonding agencies, they include stocks, jewelry, bonds, bank accounts, credit cards, cars, real estate, and personal credits. Find out more about bail bonds by visiting our website or homepage now.

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