The Fundamentals of Bail Bonds

Once in jail, some criminals can get short-term freedom through bail bonds. Bail bonds are essentially contractual undertakings in between the individual submitting bail and the bail bond broker. With the bail bond, it is the duty of the bail bond broker to guarantee the appearing of the defendant in court when summoned.

It is usually kith or kin who contacts the bail agent for the release of the defendant through a bail bond. The bail amount for the defendant is determined by the decide, exactly where the bail agent gets a percentage of the amount. Once the bail bond is signed, the individual submitting bail ensures that on the absence of the defendant when summoned, the bail quantity will be paid out in complete.

In some instances, the bail agent prefers to have the defendant or co-signer have a collateral for the bail bond. Though a collateral may not be needed by the agent, the co-signer should at least have a regular income live in a rented or personal home which is close to the defendant. This is as a precaution in case the bail agent cannot find the defendant wherein the co-signer has to spend the total bail quantity. In this kind of cases, as soon as the defendant is found and held in custody, the expenses the bail agent incurs searching for the defendant has to be borne by the co-signer.

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Bail bonds can also be arranged for the defendant via a bail bondsman. In this kind of a case, the defendant has to arrange for collateral to the bail bondsman wherein the bail bondsman ensures to spend the court if the defendant does not appear for demo. Once all court appearances are completed, and the case is shut, the bail bond dissolves and the collateral positioned is returned to the defendant.

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