Consideration for Obtaining Bail
The most important factors that a judge will consider when determining bond amount and whether a suspect will be appropriated bail are:
For the most part, when the time comes to post a bond a suspect’s friends/family will come up with cash and assets that local laws determine will fulfill the bond. If it’s the case that the suspect doesn’t have enough to fulfill the bond he or she can use a bail bonds agent who will ask for a fee that’s equivalent 10 to 15 percent and proof of assets that add up to the total amount of the bond. The state regulates the amount of bail agent can charge.
Types of Bail Bonds
There are several types of bail bonds. Here are explanations of the most common:
Surety Bond – A Surety Bond is a type of guarantee that if the accused doesn’t make a court date a bail agent or Surety Company will hand over their assets to the court.
Cash Bail – The cash bail only option is available to suspects that are not allowed by the court to post bail in assets. If you pay a cash bond, you must have the entire amount of the bond on hand before you will be allowed to leave the jail.
Property Bond – Not a common form of bail, property bonds are used to record a court lien on property. The defendant must show up to court or the property will be seized.
Pre-trial Release – When a suspect is released on personal recognizance it’s usually for a crime of a not so serious nature and this sort of release is completely administered through pre-trial release programs in local jurisdictions.
Personal Unsecured Bond – This type of bond is like pre-trial release bail with the exception that if the defendant fails to make a court date then he or she will need to pay a predetermined amount that is unsecured.
Paying for a Bail Bond
Agents can accept many forms of payment for a bail bonds, usually cash, certified check, and credit cards are acceptable forms of payment. Please call and speak to your local Bail Bonds agent for clarification.
Types of Paperwork
Bail Indemnity Agreement – Is an agreement by the defendant or primarily a third party to guarantee appearance in court and to guarantee payment on all losses should that person fail to appear or should there be a breach of bond.
Bail Bond Application – A document executed by the principle containing his or her personal information including but not limited to employment address, telephone numbers, family numbers, and such other personal information that be necessary to maintain whereabouts.
Receipt – An official receipt is a form promulgated that maybe be established by regulators which discloses the name, address, and amount of premium and possibly collateral on a bail bonds. Generally it’s a two-part document, not the same in every state that is issued through an insurance company by the posting bail agent.