What Are Bail Bonds?
Bail bonds are the documents used to draw up an agreement between the defendant, a co-signer and a surety or bond agent. The bond agent assumes the risk of posting the defendant's bond in return for their guarantee that they will make all required court appearance and follow the court's guidelines while they are free on bond.
What Is Bail?
Bail is the amount of money required to obtain the defendant's release from jail. Bail is either set by the judge or by a pre-set bail schedule devised by local judges. Either way, the amount of bail that must be posted is determined by the nature of the crime, the defendant's flight risk and various other factors.
After a person has been arrested and completed the booking process, they will be placed in a holding cell until they can see the judge or the pre-set bond amount is given. At that time, a local bail bonds agent can post the defendant's bond and get them released from jail.
To have a bond posted, a co-signer must pay the bail bond fee and sign all of the necessary documentation included in the bond contract. Most bail bond fees are non-refundable and must be paid in full before the bond can be posted.
When collateral is needed, the bail bond agent will secure the bond agreement by accepting various types of personal property such as cash, cars, deeds to homes and automotive titles. The necessary property value must be at least 150 percent more than the total face value of the bond before it can be used as collateral. Call 50 Bail Bonds today if you have any questions about collateral and what you can use to secure your bail bond agreement. Our phone numbers are 1-818-772-6969 or 1-877-50-BAILBOND toll free.