Releasing a defendant from jail requires a deposit of money or property called a bail. A bail bond is a surety from the defendant that he or she will attend the trial as needed and return to court when called upon. A judge releases bail to ensure that the accused responds to the demands of the court. The system can differ slightly from one state to another, but there are bail bondsmen all over the United States facilitating the process.
Essentially, bail is payment in the form of money and held by the court until completion of the trial. The accused can claim the funds afterward if he or she does not offend or disfavor the court in any way. Only persons the court deems eligible to be released back to the community can post bail. A judge is responsible for setting the amount.
A criminal bail bond is exclusive to criminal cases. The bail bond guarantees payment for penalties and additional fines. Meanwhile, a civil bail band guarantees payment of existing debts with interest and other ancillary costs relevant to the defendant’s case.
When does a professional bail bond agent come in?
A friend or family member can serve as surety and take on the responsibility of paying for the defendant. However, if you were a defendant in a civil or criminal case, you can be more assured of being released from Salt Lake County Oxbow Jail with a bail bond from a company like Beehive Bail Bonds. A bail agent or bondsman is usually an individual or company representative who will facilitate your freedom.
A bail bondsman secures about 90 percent of the amount set by the court in the form of collateral. The 10 percent will have to be sourced by the defendant. As mentioned, the system differs from one state to the next, but it necessary to post bail with full collateral and additional payments in the form of cash. Sources of insurance can come from the defendant’s friends and family members.
In essence, the bail bondsman sells a surety bond to the defendant. What happens to the money if the defendant bails from a trial? Should the defendant fail to appear when called by the court, the bond is forfeited. The remaining amount will be sourced from the collateral. The bail bondsman will facilitate this process as well.
Should you work with a bail bond company?
The dissolution of the bail bond ensues after the court decides on a case. The person who posted the collateral will receive it back. Meanwhile, the bail bonds company receives 10 percent of the cash fee. This is how bail bonds professionals earn their livelihood.
If you are called to defend a case in court, you must be prepared to work with a bail bond company that is reputable and reliable. There are more than 15,000 bail bondsmen in America today. They provide the funds allowing accused persons to stay out of jail while awaiting trial. Discuss financial risks and read the fine print before signing any contractual agreement.