Bail Bond: Understanding The Basics And How It Works

It is important to understand all of your options when it comes to bail bonds. The defendant will be arraigned in front of a judge where formal charges are read and the defendant asked for a plea. The next part would determine whether the defendant can be released to his own recognizance and if bail should be considered, taking into account the defendant’s record, his charges and such.

 

A bail bond is acquired when the defendant is not able to obtain the full bail amount. This is provided by a bail bondsman. A contract that will be signed by the defendant’s party will be made and the bonding company will make arrangements to provide the court with the full bail amount.

 

For the services, the defendant’s party will pay at least 10 to 15 percent of the bail amount, also referred to as premium. This can be in the form of property that can be liquidated and forfeited, lest the defendant complies with his side of the bargain of the bail.

 

Bail bonds are easier to be produced compared to a cash bond, especially by people who have no means of producing such an amount, no matter how big or small. There are many bonding companies that realize this and offer generous processes for different situations of a defendant’s party.

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