In many cases, trials can begin weeks or months after an initial arrest, and if not for bail, many people, some of whom might be innocent, would have to wait in jail until their trials began. At the minimum, this can present a financial hardship, as the person would be unable to work.
How Does Bail Work? Tweet. Tweet. ... A bail bond is a promise by an insurance company to pay the entire amount of the bail if a defendant does not show up for court proceedings. The insurance company, through a bail bond agency, will charge a premium for posting the bond. For example, if the court requires $10,000 in bail, the insurance ...
A "bail bond" refers to the promise made by the defendant or a "surety" (someone who promises to pay for the defendant) to the court to forfeit the bail money if the defendant does not return. A surety can be a professional bail bond agent, or a friend or family member.
When a bail bondsman, working with a bail bonding agency, puts up a fee for the release of a suspect on bail, the bondsman charges a fee of usually about 10% of the amount of money that is required to pay the bail.
Frequently Asked Questions About Bail Bonds. ... How Does The Bail Bonds Process Work? Watch our video above for an explanation of the bail bond process. ... The rate that you pay a bail agent depends on the state's statutes and regulations. For example, in some states, there are companies that can legally charge 8%, while the allowable premium ...
An arrested person can often get out of jail quickly by paying the amount set forth in the stationhouse bail schedule. If a suspect wants to post bail but can't afford the amount required by the bail schedule, the suspect can ask a judge to lower it.
bailer/bail agent/bail bondsman - one who provides bail as a surety for a criminal defendant’s release; bail bond - a bond given to a court by a criminal defendant’s surety to guarantee that the defendant will duly appear in court in the future and, if the defendant is jailed, to obtain the defendant’s release from confinement
To post a Bail Bond, a defendant is usually required to pay a Bail bondsman 10% of the bail amount. The Bail bondsman will then secure the rest of the bail amount in the form of collateral. If the defendant does not have enough collateral, the Bail Bondsman might seek out relatives and friends to assist in covering the bail.
Bail can – but does not always – involve the defendant (or someone on the defendant’s behalf) paying money to a court. The money ensures that the defendant returns to court for the remainder of the criminal justice process.
Surety Bail. Enlisting a bail agent to write a surety bond for the defendant will be cheaper because you will pay a bail premium, which is just a percentage of the total bail amount. This is what is commonly known as a bail bond. The bail bond premium is non-refundable.