If a loved one is arrested, it can be stressful for you as well. You probably want to help them, but are unsure how the process works. You need to know how to pay someone’s bail. And if you don’t have the money to do so, then you also need to know your options. One of these options is a bail bond. If you don’t know what does a bonding company do, they essentially loan you the money for bail. You pay that money back, plus interest. So while it costs more than paying bail upfront, it is an option for those who don’t have cash on hand. However, you need to understand the terms when you agree to take out a bond. You might need to know about things like a justice bond or surety bond with conditions. If you take out the bond, you are going to be responsible for paying it back. So it is important that you are aware of this and that you understand the consequences if the person you bailed out doesn’t show up for court or if you miss payments.
It is an agreement between a court and a defendant to pay a certain sum of money. The criminal is entitled to pay the bail bondsman at least 10% of the total bail amount. The bail bond dissolved once the case is closed and collateral collected.
Bail bond company
These are organizations where the defendant pays ten percent of the bond. They act as a surety between the court and the accused that he will appear in court when needed. This is called a bail bond company. If the defendant appears when the case ends, he is returned the bond money by the company. If he fails, then the money is not refunded.
Get out on bail
On arrest, he is booked and then offered an option to pay bail if he has not committed a capital offense. If denied bail at the police station, one waits until a court hearing and pleads for bail. After being given bail, he can pay it at that time or later.
Getting bond back
Getting a bond back is tiresome and can last up to three or six weeks. The courts send the check through email. If it passes more than six weeks, one needs to call the court or do a follow-up.
Got bail
A fee paid to the court guarantees the release of a person. The person is then required to appear in court on the dates mentioned. The fee is paid by a bail bondsman or a bail bond company.
Granted bail
Once the fee is paid to the court by the person or a bail bond company, the person is allowed to go home. There are dates and conditions given that require one to be in court or a police station without delays.
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