What Is The Best Way To Find A Surety Bond?

A bail bond is required when a person is detained and released from jail. Although bail amounts may differ based on the severity of the crime committed, most people must pay a specific amount in order to release the accused. Sometimes, bail might not be enough to pay the cost of bail.

That's where a surety-bond comes in. A surety bond, a type of insurance policy that assures the defendant that they will show up at the court date they have scheduled is an example of an insurance policy. The insurance company takes liability if the defendant fails to show up. We will discuss what a bail surety bond is and how to obtain one.

What is A Surety Bond?

There are a variety of options available to obtain a surety bonds. First, you can make an arrangement with an insurance firm. The second way is to work with bail bond companies.

Bail bond online services are the 3rd and most convenient option. The online bail bond service allows you to quickly obtain approval for bail bonds and have cash delivered directly to the prison where your loved ones are being held.

What Are the Requirements to obtain a Surety Bond?

There are a few requirements you must satisfy in order to get an insurance policy called a surety bond. The minimum age requirement is 18 years old. Second, you will require cosigners who are at least 18 years old and who has excellent credit.

Thirdly, you'll need to have the money to pay the premium for the bond. The fee is typically 10% of the bail amount. Fourth, you will be required to provide collateral to bail bond companies.

Collateral may be anything of value that you need to utilize to secure the bond. It may be used to pay the costs of the bail bonds company's reimbursement if you don't pay or do not make it to court. Collateral may be cash, jewelry or other property.

What Role Does A Bailbonds Man Play?

A bail bondman is described as a professional who assists people with the process of posting bail. Bail is the money that a defendant must pay in order to be released from jail until their trial.

The judge will set the bail amount at arraignment. It is the first time that a person appears in court after an arrest. If the defendant is unable to cover the full bail amount, they may seek out a bail bondsman.

The bail bondsman then make the bond payment on their behalf, in exchange for a fee. The amount is usually 10% of the bail amount.

FAQ's Concerning Bail Bonds

Do I need an attorney to obtain bail?

A: No You don't need the services of a lawyer. However, it can be beneficial to have one.

Q: How long will it take to obtain bail?

A: The process typically lasts between 30 and an hour.

Q What is the price of bail bonds?

A: Most commonly the fee is approximately 10% of the bail amount.

Q What happens if do not show up for court?

A In the event that you do not attend court, the judge will issue you with a bench warrant of arrest. This means you'll be taken into custody. You'll need to again post bail in order to be released.

Q: If I post bail, will I be able to get an amount back?

A: You cannot receive a refund if your bail is paid by you.

Q What happens if I leave the state when my case is still pending?

A If you are able to leave the state while your case is pending and you leave the state, you'll be considered as a fugitive from justice, and could be extradited back the state in which your case is pending. This could lead to additional charges being filed against you.

Conclusion:

We'd like to conclude by saying that a surety bond to bail is a great option to think about if you face criminal charges and require bail. A surety bond offers financial guarantee that you'll show up on the court date. The company responsible for the surety bond is accountable for the full bail amount if you don't attend court.