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What You Need to Know About Bail Bonds Before Considering This Option?

April 16, 2012 | Comments: 0 | Views: 190

Any person who is charged guilty to a crime is given a certain period of time after which he or she has to appear in court for a hearing. During this period, the accused person has two options. Either he or she could opt to remain within the custody of the state's judicial system or he / she could pay bail which is a certain amount of money to the authorities as an assurance that they will return back in court for their hearing and so they should be allowed to remain free till then. The amount that is required to be paid as a bail for letting the criminal go mostly depends on the nature of the crime he / she was accused of. In some cases this bail amount is too high for the accused person to pay on their own.

When criminals are unable to pay their bond themselves they look for companies dealing with bail bonds. These bail bonds are also known as 'surety bonds' because they act as a surety to the court that the criminal will appear in court for their hearing. Companies dealing with bail bonds first collect some basic information regarding the concerned criminal demanding a bail. This information helps them in accessing the risk involved with a certain person for which they have to pay a huge sum of money. Therefore, when the criminal or accused person first contacts companies giving bail bonds they need to give all their information like their personal details, the kind of situation they are in, in which jail they are detained, the time period for which they have been detained there, the charges that they are facing, the location of their residence and the duration for which they have been living there, their jobs, salary and so much more.

These details are not all that the accused person has to give before becoming eligible for bail bonds. They have to sign various documents which include a Bail Indemnity Agreement, Bail Application, and the receipt. When criminals can't pay their bail themselves and opt for bail bonds they have to bear a 10% charge on the total amount of their bail. This 10% is the profit that goes to the companies who take the risk and pay high sums of money for their clients. This is what keeps their business running and is quite an affordable amount for the accused person to bear. When the accused person's court hearing date arrives and they appear at court, their original bail amount is refunded to them or to their bail bonds company.

Bail bonds are available in almost all cities and towns of United States. These companies are operational throughout the week and are open 24 hours a day. This is because the nature of their business is such in which a criminal may need their immediate help at any minute of any day. This is why these companies are open throughout. The advantage for accused criminals is that they do not immediately have to face jail time and they get to go back to their lives and families to organize and prepare everything and everyone around them for the court hearing date. These bail bonds provide the added benefit of lowering costs and reducing any overcrowding. When there are fewer people ending up in jail, the judicial system benefits from excessive crowding. In some cases bail bonds companies also ask for collateral on top of their fees. This collateral is returned to the criminals once they appear for their court hearings, however their fees is not.

Bail Bonds Company Bail bondsman basically provides a contract to the court ensuring that the defendant would appear in the court. The guarantee is provided by the defendant's family members or friends. Click here for Bail bond services

Source: EzineArticles
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