How Does The Bail Bond Process Work? by Jim Cherry
in Law / Civil Law (submitted 2011-05-02)
Do you know what a bail bond is? It is an agreement between one or more persons together with a bail bond agent. This agent is will agree to pay the amount of the bail bond in which the detainee get released in prison as well as promises that the detainee will appear in court when the hearing takes place.
Having this type of agreement does not come easy. The bail bond agent is backed by banks, companies and even insurance companies that the detainee or defendant have to sign as well as the ail bond agent as a representative to these organizations. This agreement has sufficient amount of cash to cover the total amount of the bail if in any case the defendant fails to appear in court during ht e hearing. Only the person who was given the license by the State Department of Insurance can post a bail-bond. There are various types of bailbonds like Personal Recognizance bond, cash bond, Surety Bond.
These bond companies charges 10% of the total bail amount in return for their services. This amount cannot be negotiated since it has been standardized. To give you a better understanding about bail-bonds and that some of you might question is that it does not include taxes or hidden fees just so you know. Let's take for example $20,000 is the bail; you have to pay the amount of $2,000 in order to get out of jail. You can't negotiate in these terms since it is fixed by the state government which of course varies from state to state. But the entire bail-bond industry has the same rate charging.
As soon as the company made their decision, the officials signing the documents takes place. This includes the application of the bail, bail indemnity document and the final receipt.
After all these paper works, it would take about 2 hours a presumed professional to finish the entire process, and once its complete the detainee or the defendant is then released from jail. Because of this booking procedure, it can take a few hours to finish the whole process.
Having the right information on how the process works is one of the advantages that you can use in situations like this. Whether you get arrested for petty crimes or violations, it can really help you get out of jail fast rather than spending a day or two in jail just waiting to get bailed.
About the Author
You can read more about bail bonds on the net.Click here to know more about aladdin bail bonds.
whereby the original author's information and copyright must be included.
