What are Bail Bonds?
The process of being arrested does not get better with time. After the initial booking and holding cell placement, suspects must face a judge during a procedure called an arraignment. At that time, the judge hears the charges and asks the detainee to enter a plea. If that plea is ‘not guilty,’ then a court date is set for a formal trial. Since this date could be months or years away, the judge must also decide if the accused person is trustworthy enough to remain out of custody before the trial. In order to create a financial incentive to return to court voluntarily, courts routinely ask for bail money commensurate with the seriousness of the charges. A person charged with murder, for example, may be given a US$500,000 bail, meaning the person is liable for the total amount if he or she fails to appear in court. Most people cannot afford the total amount of bail, so they or their families must contract with a specialist called a bondsman to arrange for bail bonds. Bail bonds are surety
Bail bonds exist as a way to help get someone out of jail and act as a way to ensure their appearance in the criminal court system. Treasury direct bonds and bail bonds do have similarities as both act as a type of IOU. With a purchase of a treasury direct bond, a person is loaning their money to the U.S. Government that will guarantee not only the full return of the principal but the payment of interest. A bail bond is like an IOU for a defendant involved in litigation. Money is provided to the court system in the form of a bail bond and the bail gets the person free. To get the money back from the bail, the person must show up in court and meet all their legal obligations as promised. The bail bond system is unique to the criminal court system of the United States. Those in need of bail bonds tend to see agents who are in the business of catering to criminal defendants. If a person is arrested, a judge will post a bail value that can be paid so the person does not have to spend their
Bail is the process of providing money to get out of jail after an arrest. When you receive bail, you are under obligation to appear in court for the trial. Depending on the amount of bail charged to obtain your release, you may need to contact a bail bondsman. A bondsman provides the majority of the bail amount while charging a typical fee of ten to 15 percent of the actual bail amount. The bondsman will also require a lien against something of equal value to the remaining bail amount. For instance, if a bail amount is set for 10 thousand dollars, you would need 1 thousand dollars in cash to obtain the bond. Then sign a lien against your home to secure the remaining 9 thousand dollars of the bail bond. In some cases, your bail amount may be determined by a set schedule according to the offense. This is known as stationhouse bail. You are able to pay or arrange bail without seeing a judge and obtain your release from jail much faster. For additional information on bail bonds, contact a
” Joanna asked. Her father, who is a lawyer and good at this sort of thing, explained bail bonds. At least she hadn’t inquired about Ray’s. We went to a show that night, a big, brain-numbing Las Vegas production with Andrew Lloyd Webber music and a lot of people roller-skating furiously all over the theater; and when the show was over we stood outside the Treasure Island Hotel and watched pirates shoot Englishmen and plummet into the water; and when the English ship had sunk we stood outside the Mirage Hotel and watched the volcano blow up and set fire to the hotel fountains; and when the water fountain had stopped flaming we stood outside the Luxor Hotel and watched lasers come out of the Sphinx’s eyeballs until the word LUXOR leapt out at us in the air, as though we were still wearing our 3-D glasses. We went swimming, too. I forgot to mention that (three-foot-deep hotel pool, so you probably couldn’t drown in it even after several obelisk drinks), and we sat through some arresting-l
Bail is obtaining the release from custody of a prisoner by depositing a security to guarantee the prisoner’s surrender to proper legal authorities at a given time. The security itself is termed bail or bail bond monies. A prisoner may be released on bail at the discretion of the court having jurisdiction over the case. In criminal cases, courts may grant or deny bail depending on the severity of the charge; bail is often denied in cases of homicide. When bail is allowed, it is set by the court. The 8th Amendment to the U.S. Constitution prohibits setting “excessive bail.” Should the prisoner fail to appear at the required time, the bail bond is forfeited.
