court order

Bail Bonds: Answering Some Common Questions

Bail bonds are for individuals that are unable to pay hefty amounts for their bail. Here we address a few common questions related to bail bonds.

What Is A Bail?

When you’re accused of a crime, the court requires that you stay in custody until the case is settled and you’re either proven guilty or innocent. However, you can pay an amount set by the court to and be out on bail. This amount is set according to your crime and is kept by the court as an incentive for you to return for your trials timely. In case of absence from trials, this amount is forfeited by the court. However, this amount is returned to you in full once you’ve completed all trials and you are proven innocent.

What Is The Purpose Of A Bail Bond?

If you’re unable to pay the set bail amount, a bail agent can submit a bail bond instead and free you from jail. This bail bond is an undertaking that guarantees the court that you’ll attend all trials at the set dates. Moreover, 10% of the bond is required to be paid prior the release.

Do Bail Bonds Have Types?

There are many types of bail bonds, the ones we at DeLaughter offer are surety bonds and transfer bonds.

Surety bonds are preferred by most defendants. This type of bond requires you to pay a small percentage of the owed amount to your bail bondsman, while they guarantee your presence at court by submitting a bail bond.

Transfer bonds are for those who are in a place other than the location where it is originally executed. These bonds allow you to transfer the amount to the other location through your agent.

Who Is A Co-Signer Or An Indemnitor?

This person is responsible to pay the entire amount sustained as a result of the defendant’s absence from their trials.

How Does Forfeiture Work?

When the court sets the bail amount, certain restrictions are imposed on the defendant. Depending on their case, they may be restricted to travel or engage with certain people. The court also requires that the defendant appears in all of their hearings. Failure to follow such conditions by the court may result in forfeiture of the bail money.

What Is An Exoneration?

Exoneration means that no further financial obligation is due. This happens when the defendant is done with all of their hearings or if they are re-arrested after absence from the trials.

If you’re looking for a reliable bail bond services in Whitley County, IN to pay your bail, simply call us at 260.578.0505 or contact us online.  We’ll make sure to resolve your case quickly and provide the highest level of service.

Leave a Reply

Your email address will not be published.