How Do Bail Bonds Work?

To put it another way: A bail bond is an agreement between four parties:

The bail bonding business

Your warrant’s issuing jurisdiction (or court)

The individual who will be co-signing your bail.

The Defendant is you.

The bail agents and co-signers are the ones who are in charge of making sure you show up for all of your court appearances. If you can afford it, you now have the option of paying the bond yourself. The court determines the amount of bail, which is normally based on the seriousness of your offence and whether you are considered a flight risk. If you pose a flight risk or attempt to flee, you may expect an inmate search to locate you and bring you to justice, and you may not be eligible for a bail at all.You can get additional information at Martinsville bail bonds.

Turning yourself in after you find out you’re sought on a warrant usually doesn’t make you a flight risk… this might lower your bail amount… Consult with your lawyer.

The bail bond business assures the court that you will appear in court when the judge summons you, i.e. on your next court date. As a condition of your release, you must check in with your bail agent on a frequent basis.

The court will need money in the form of a bond as a monetary incentive to release you and prevent you, the defendant, from leaving the region or the nation. The bail bond business will then charge you a fee for posting your bond, which varies by jurisdiction. The bail amount for a felony is usually 10% of the total bail amount. So, if your bail is set at $100,000, your bond payment to the bail bond business will be merely $10,000. This eliminates the need for you to come up with the whole $100,000 yourself, which most individuals cannot afford. You will not get a refund for the $10,000 charge you paid to the bonding business.

A bail bond business will usually charge a 20% fee for a misdemeanour arrest. If you are arrested for a misdemeanour and your bail is set at $2000, you will only be required to pay a bonding business $400. You will not be reimbursed for this amount; it is a charge. However, check with your accountant to see whether you may deduct this money from your taxes this year.

On big bonds, collateral is usually necessary to guarantee that you do not miss the court and flee to Mexico. A bonding business would often have your co-signor sign a note (contract) agreeing to give up collateral for the bond amount plus any extra expenses. This might be their automobile, boat, or even their home. So, if you have a $100,000 bond and decide to depart town, your co-signor is responsible for the remaining $90,000 plus any costs.

The system is set up to keep you around until the case is finished. It usually works, and as you may have seen on television, some individuals leave and try to run. However, once a warrant is issued, it remains in effect until you appear before a court to face the accusations. Of course, there are guides and publications that clarify the bail bonding procedure and how to properly turn oneself in.

All of your vitals will be taken down by a competent bondsman (height, weight, date of birth, where you hang out, what you drive, where you work, etc). Before handing over a large sum of money to the courts, the bondsman will take a photograph of you, note any identifying characteristics, and get to know you. Before releasing your bond, some may even snap a photograph of your co-signor and get to know them and their property.