The 4 Most Well-known Bail Bonds Questions

August 4, 2011 by  
Filed under Latest Articles, Popular Topics

Walking down the street in a normal town, one won’t find very many people with any knowledge whatsoever of the bail bonds market. As a Bail Bonds firm, we’ve been in this business for over 40 years and know the industry inside and out. So we thought we would put together a short list of four widespread bail bonds questions and answer them for you. All answers are with regards to the laws of California.

Question 1: How much does a bail bonds expense?

Answer: 10% or Zero

Explanation: The cost of a bail bond can be derived by two different scenarios. Very first let’s establish that the bail bond is $20,000. The first scenario is working directly with the court. The cost here in the end will really be zero, but initially it’ll be $20,000. When working directly with the court, one ought to provide the full bail amount to the court and then the cash will probably be returned when the case is over. The Second scenario is if you work with a bail bonds firm. Here, the bail bonds company insures the full bail amount to the court and you pay the bail bonds company a fee for performing so. This fee is ten percent of the bail amount. So the cost for working with a bail bonds agent in this scenario is $2000.

Question 2: What’s the distinction among the 5 sorts of bail bonds?

Answer:
1.
Cash: this is where the defendant will have someone (the signer) take the whole amount of bail ($20,000) towards the court. The court will then hold on to the $20,000 until the defendant attends all court dates as well as the case is finished. At that time, the $20,000 will likely be given back.
two. Surety: This is the type of bail if you work using the bail bonds business. It really is a contract with the bail bonds organization who in turn has a contract with an insurance organization who backs all the bonds written by the bail bonds company. So in essence if you bail an individual out, you might be in a contract with an insurance firm for the total quantity of bail.
3. Property: In a fairly rare case, the court will take property as collateral for a trade for the defendant’s release. But, the property has to have enough equity in it that would much more than cover the total price of bail, $20,000 in this case. So, if the property had at the very least $30,000 in equity, one might be able to use their property to bail out the defendant.
4. Own Recognizance: The judge may order the defendant out on their own recognizance. This means that the judge believes the defendant will make all their court dates with out providing any money or collateral for leverage.
five. Citation Release: The arresting office could release the arrestee before they even go to court. This is referred to as “cite-out”. The defendant is nonetheless responsible for attending all of their courts dates until the case is over.

Question 3: How is the cost determined?

Answer:by the bail schedule for that county or state. Each and every county and state has their own bail schedule. A bail schedule is really a lot of written material explaining all of the ways one can break the law. There are two sorts; Felony and Misdemeanor and each charge is assigned a code, referred to as the Penal Code. For example: PC 243 (3) Domestic Battery Without having Traumatic Injury 20,000. This really is fundamentally an altercation in between a couple exactly where the police exactly where named. There had been no marks or other traumatic types of injuries. So if you’re arrested for this, you bail is set at $20,000. Now, if among the couples injures the other, the result is PC 273.five Domestic Battery With Traumatic Injury 30,000 and your bail is set at $30,000.

Question four: What exactly is an indemnitor or signer?

Answer: This is the person who is signing for the defendant and accepting responsibility for the defendant to meet all of their court requirements and money requirements. On rare occasions a bail bonds organization will accept the defendant to be their own indemnitor, but that’s extremely rare. Most of the time the defendant typically calls someone they’re close to and that person in turn calls a bail bonds company and they grow to be the indemnitor.

There have been hundreds of questions which have been fielded by this bail bonds organization throughout the years. We really feel that these four questions are essentially the most popular. For more regularly asked questions really feel no cost to visit one or our web sites listed below in the authors bio.

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