Most people do not know much about Bail Bonds until a loved one has been arrested. They have a sense about the process from movies and television, but those portrayals are usually not realistic. Continue reading to learn more about bonds and the process to secure one for a loved one.
What is Bail?
When an individual is arrested and charged with a crime, the court wants assurance that he or she will be in court to complete all of the court obligations. Yes, defendants can remain in jail until they have satisfied all of these obligations, but who wants to stay in jail for months? Setting bail is an option when the judge sets an amount, and once a defendant, a loved one, or a bond agent provides that sum of money to the court, the defendant is released with the promise to return to court or forfeit the bail amount.
What if a Defendant Cannot Afford Bail?
The amount of bail set is usually going to be a significant financial amount. The whole point of bail is to have the defendant put in a high enough amount of money so that they would not be comfortable losing the sum by not returning to court. However, most people do not have large sums of cash lying around. Securing a bail bond is a solution that allows individuals to pay a percentage of the bail amount to an agent instead of paying the full amount.
How do Bail Bonds Work?
When a judge has set a bail amount, a defendant can be released once the full amount of that bail is paid to the court. A bail bond agent will charge a percentage of the bail amount to the defendant or his or her loved ones, and then the agent will post the bail on the defendant’s behalf. They stand to lose a significant amount of money and so the bond agent will usually require sufficient collateral to be placed on the bond.
How to Obtain a Bail Bond
Contact a local bail bond agency to secure a bail bond for a charged loved one. There are many bonding agencies in most communities, so be sure to find an agency that is licensed and well established in the community. For more information, or to secure Bail Bonds, contact Strikethreebailbonds.com. You can pay a visit to Facebook page for more information.