When defendants are in jail waiting for their court appearance, they may be freed if they give the court a certain amount of money. This happens after they’ve been arrested but before their court date. Once the defendant has appeared in court, the money is returned to the person who paid it. Bail is a legal procedure and a charge that differs from state to state in the United States.
A corporation that guarantees that the individual charged in court will attend at the next court date by pledging money is a bail bond agency. Finance and other lending companies seldom give money for bail; bail bond companies specialize in carrying this risk and duty to assist the defendant.
However, there are some misconceptions about bail bonds. Take a look at the most common myths about bail bonds:
1. Bail Bonds Can Be Made With Cash Payments Only
Don’t be fooled by those iconic movies where the defendant’s family is seen liquidating all their savings and gathering cash notes to pay to the bail bondsman. That is a false representation of how the bail bond service works.
No, you don’t have to pay in cash only. The bail bondsman you hire will pay the full bail amount for the release. You have to reimburse a certain percentage of the bail to the bondsman, which can be in the form of credit card payments or cheques.
Money isn’t the only way to pay off a bail bond with. Getting a loved one out of jail through bail can also be done through payment made in other ways. Land, property, and other valuable possessions are some things that may be offered as collateral.
2. Bail Bondsmen Are Unprofessional And Have no Role
When someone is arrested, they will be issued a preliminary hearing and a bond sum. They now choose to pay for their bail in the interim between detention and trial hearings. A bail bond agent can assist in this situation.
After the bail bondsman has submitted bail, it’s incumbent on the defendant to show up for all required court proceedings. If the defendant fails to appear in court, the bondsman will become a bounty hunter and search for the defendant. The suspect can be brought to courtrooms, and the bail payment will be re-released to the bail agent.
3. An Accused Person Has To Pay Full Bail Sum
The court determines the amount of bail. If the offender cannot pay the bail sum themselves, a bail bond can be obtained through a bail bondsman. An offender is usually obligated to pay the bail bondsman 10 percent of the bail amount to deposit a bail bond. The bail bondsman will next use collateral to obtain the remainder of the bail sum. If the accused lacks sufficient assets, the Bail Bondsman may turn to family and acquaintances for help in paying the bail.
An extra monetary payment and complete collateral are frequently necessary for a bail bond to be placed.
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