Bail Bonds are a form of bail that is used to secure a person’s release after being arrested for a crime. Apex Bail Bonds of Graham, NC-Bail Bondsman Near Me offers excellent info on this. A bail bondsman, also known as a bail bond agent, acts as a surety by pledging money or property as bail. The agent will then work with the court to secure the person’s release.
Bail bonds are issued by the court, so when a person fails to appear in court, the court forfeits their bond. When this happens, the defendant must be returned to the jurisdiction of the court within the specified time. If a person fails to comply with these terms, they can lose any collateral that they may have, or face additional penalties. In many cases, the court will set the amount of bail at a bail hearing. The judge will consider the nature of the crimes and the details of the case to determine the bail amount.
To obtain bail, the defendant pays the Bail Bondsman 10% of the bail amount, and the Bail Bondsman secures the rest with collateral. If the defendant is too poor to pay the full amount, the Bail Bondsman may try to contact a family member to make up the difference. If the person fails to appear in court, a bail bondsman may also require additional cash to post the bail bond.
Bail bonds are the most popular way for defendants to post bail, letting them out of jail before their trial. While the defendant has to pay a certain percentage of the bail amount, this amount is not refundable if the defendant is found to have committed a new offense or fails to comply with pretrial release conditions.
Bail agents usually work with friends and family members of the defendant. They explain the bail process to them and seek co-signers. In many cases, a co-signer is required to guarantee payment of the premium and to make appearances on the defendant’s behalf. If the defendant is unable to repay the bail, the co-signer will be responsible for the costs of returning the defendant to court.
A bail bond agency is usually open twenty-four hours a day. It can accept payments online and offer electronic paperwork for your convenience. Make sure you read and understand all the paperwork carefully before signing up for bail. You should also understand all the terms and fees, as well as the collateral the bail bond agent will require.
Whether you choose a cash bail bond or a secured bail bond, you will need a premium for the service. This premium is not refundable, but you can request a discount if you know that you can afford it. Usually, the premium will be about 10% of the bail amount. In addition to the premium, you can also provide collateral, such as a deed of trust against real property, a car, or cash. In exchange for this money, the defendant agrees to return to the court on the date scheduled.
When you are arrested, it is important to be aware of the bail amount. It will allow you to make an informed decision. This will prevent unnecessary stress. You also need to determine if your bail bond will be approved. If you don’t know what the amount of the bail is, you may want to consult with an attorney. A bail bond company can help you with this process.
