What is needed to bail on individual out of jail using the bail bonds process?
Let’s start with the scenario, you’ve been arrested for PC 12316(b)1. This is a charge against someone who is a convicted felon for possession of firearms or ammunition. In other words, if you are a convicted felon, you’re not supposed to have guns or ammo in your possession. This person receives Los Angeles Bail Bonds.
The bail bonds is $35,000 for a PC 12316(b)1 according the California Bail Bonds Schedule. So, what is needed to bail this person out of the Los Angeles Jail?
Basically you are going to a bail bonds company to get a loan for $35,000. So think of it that way. You’ll either need some collateral or great credit.
If you are the individual bailing this person out you are deemed the indemnitor, meaning you are responsible for making sure they attend all of their court dates until the case is over.
The indemnitor, person signing for the defendant in jail, needs to have great credit or some sort of collateral that the bail bonds company is willing to receive in lieu of good credit. But let’s say you have good credit, here’s what you’ll need.
- $3500
- this is the cost of doing business with the bail bonds company. This is basically the closing costs, or interest, like if you were getting a loan for $35,000.
- Have a fairly clean record.
- California Driver’s License
- A Job, hopefully for a few years
Other than that, you should be good to go. There is another scenario where you don’t have to work with a bail bonds company and that is to put up the entire cost of bail to the court. You would bring a cashier’s check totaling $35,000 to the Los Angeles Court and they would hold on to the check until the entire court case is over. Once the case has been ruled on, even if the defendant is guilty, you get you money back.
Also, if the defendant, the person you are signing for, skips bail (leaves town), you do not get the $35,000 back.
Courtesy
In order for anyone to bail an individual out of jail using the bail bonds process, that person would need to pay the premium 10% commission to the bail bonds agent. The cosigner of the bail bonding contract must realize that they are financially responsible for the defendant and may need to contain some form of collateral in order for the bail bonding contract to be accepted.
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