What are Bail Bonds?
Bail bonds are a confusing subject. We all know they exist, but we don't know exactly what their use is, or how they are helpful to us as citizens. In today's post, we're going to look at what bail bonds are, why they are the best way to get out of jail, and how to go about obtaining one.
What are Bail Bonds?
Before we can understand what bail bonds are, we have to understand bail. When a person is arrested for allegedly committing a crime, they are taken to jail and booked. At some point, their bail amount will be set. This is set according to the bail schedule (the law regarding the dollar amount of bail for the alleged crime committed), or a judge will hold a hearing, and will set bail. Regardless of how it is set, bail must be paid in order for the arrested person to be released before their trial, otherwise they will just sit in jail. Obviously, most people want
to post bail, but many cannot afford it. While bail amounts must be fair, according to law, they can still be difficult to pay. If you post bail in cash, you have to come up with the full amount. Most people don't have this kind of money lying around. This is where bail bonds come in. When you co-sign a bond with a bail agent, they will offer assurance to the court that the full amoutn will be paid if the defendant skips bail. In return for offering this assurance, they bail agent charges a fee - usually 10-15% of the full bail amount (depending on the state). Additionally, the person co-signing the bond takes responsibility for the defendant showing up in the court, as well as (in some cases), providing collateral that can be sold in case the defendant skips town.
Why Bail Bonds are the Best Option
When you bail someone out of jail using bail bonds, you are getting something unique: You will be working with someone who has experience in the court system. This is invaluable as you help your loved one get released. Bail bonds are also the best option for getting out jail because they require you to come up with less money. Because the bail bond fee is much cheaper than coming up with the full bail amount, you can get people released without coming up with a large amount of cash.
How to Get a Bail Bond
Obtaining a bail bond is very simple. First, you need to find a reputable bail bondsman, then all you ahve to do is give them a call. Each bail agent is different and requires different information to get someone released. In most cases, you'll need the defendant's name, birth date, booking number, and jail where they are being held. Additionally, you'll need to be able to pay the fee, as well as provide any collateral the bail agent asks for. The best thing to do is to call the bail bondsman you have found, and find out exactly what you need to get your friend or family member released quickly!