The easiest way to bail someone out of jail is with cash, though this doesn’t always work and leads us to the topic of discussion: bail bond collateral. In most cases, a surety bond is the way to go when bailing someone out of jail. A surety bond is when you pay 10 percent of the bond amount to the bond agency (also called a “premium”) and the agency’s insurance company backs the rest. When you buy a surety bond, you also have to have enough collateral to make up for the other 90 percent of the bond in case the accused skips out on a court date.
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Bail bonds and the prohibition against being held without excessive bail is one our Fundamental Constitutional Rights, and something we need to take seriously. There are many different aspects to bail, today we will take you through the consequences of “failing to appear”, “FTA”, “breaking a bond” or missing a court date.
There are two primary reasons for honoring a bail bond. It is important for both the co-signer (or Indemnitor) and the defendant to make sure to follow through on any restrictions, requirements, prerequisites, and obligations of signing a bail bond. By following these “rules,” per se, you can be assured that there will be no unexpected or unnecessary financial or criminal consequences (for the accused) of bailing someone out of jail.
Bail bonds are a tricky business. Most people don’t know how they work, how to get one, or even how much they cost. Today, we will discuss one important component of bail bonds: Co-signing. By the end of this post, you should know everything you need to know about setting up and becoming liable for a bail bond.
Bail bonds have been around in some form or another for more than a century. Most people credit the first U.S. bail bond system to be created by two brothers in San Francisco at the turn of the 19th century. Since then, almost every other state (all except for four) allows jailed persons to use bail bonds to be released.
Bail bonds exist for one reason: To get people out of jail. The bail amount is set rather high for multiple reasons, though, which can put a lot of financial pressure on the person bailing someone out (the guarantor). As a guarantor, you will have certain responsibilities to make sure the accused does not miss the court date which, in most cases, will cause your collateral to be surrendered.
Bail bonds are one of those things you don’t want to think about until you have to. However, knowing some basics beforehand is one of the best ways to speed up the process to ensure your friend or family member is out of jail quick. Below, we will discuss some fundamentals of bail bonds to get you started.
Based in California, Bail Hotline is a long-standing bail bond agency that has helped thousands of people bail friends and family members out of jail. We will explore some of the ins and outs of the company and, at the same time, give you an overview of bail bonds, how to find a bond agency, and different ways you can expedite the bail bond process.
We have all heard about bail bonds from cop shows and movies, but how many of us have actually taken out a bail bond to get someone out of jail? That said, how much does bail actually cost?
If a friend or family member is arrested, the first thing you might ask is this: How do I bail them out? On this page, we will talk about answering this question and asking other ones to ensure you bail out your friend as quickly and seamlessly (and affordably) as possible. By the end, you will know six essential questions to ask your bail agent.
No one likes bailing friends or family members out of jail. If you ever have to, though, the best way to simplify and expedite the process (while reducing headaches, of course), is to find a top-tier bail agency with professional bail bondsmen.