If an individual is apprehended, he may be permitted to apply for bail. This is an amount of money that the arrested individual credits cash with the court to enable them get released from jail until their case is tried. The court asks for bail to ensure that the person will be available to appear once and when he or she is required and therefore acts as security. At times, the bail figure is too huge to be settled by the accused and in this case the court allows bailbonds grand rapids, which people can get by paying only a fraction of the total bail figure.
Licensed bail agents, who have taken a specialty in underwriting and issuing must issue these bonds. But the agents can only be the chosen reps of licensed surety insurance firms. It is important to deal only with a licensed bail bondsman employed with a licensed company. Please ensure that the agent's license and state identification are checked before committing to any agreement with the agent or the company the agent represents.
A court hearing decides the bail amount. In certain cases, the hearing may also include an arrangement where the judge may hear the charges and demand the detainee to make a plea. The bail amount depends on how serious are the charges against the accused.
The bondsmen will need to talk to a loved one of the defendant whom will be the defendants "co-signer" This person will be in the most contact with the bail bondsmen. The co-signer will need to pay the bail company a percentage of the face amount of the bond (usually 10%) this percentage is set by the state. The co-signer will also need to sign a contract/promissory note promising to pay the full amount if the defendant does not show up to their court date(s).
If you are working with a bondsman and want to use collateral instead of cash, it will be up to the bondsman to determine what is acceptable as collateral. As a general rule, the bondsman will prefer to receive something that has a value that is at least 150 percent of the total value of the bond. This reason for this is that if a person skips bail, the bondsman needs to be able to sell the item put up as collateral to cover his lost bond and also cover his time and effort in selling the collateral item.
In most parts of the US, bail bonds can be procured 24X7. When someone gets released on furnishing a bond of the required amount, they can be expected to take better care of their family, and also prepare better for the forthcoming court dates. Moreover, bail bonds prove helpful in reducing the number of people in jails, and thus the expense of maintaining jails and feeding the prisoners.
There are also privately owned bail bonding agencies that issue bail bonds. The fee charged by such agencies is nonrefundable. It is usual for bonding agencies to ask for collateral from the accused to ensure that the accused keeps appearing in court on all the dates fixed for hearing by the court. Collateral ensures the agency of getting its money back.
Once the bond is posted and the defendant is released, they will need to complete the same paperwork the co-signer did. The bondsmen will also discuss the conditions of the bond. The court will set their conditions and so will the bail bonds company, make sure the defendant is aware. Not being aware is no excuse the court will still expect the defendant to abide by the conditions.
Licensed bail agents, who have taken a specialty in underwriting and issuing must issue these bonds. But the agents can only be the chosen reps of licensed surety insurance firms. It is important to deal only with a licensed bail bondsman employed with a licensed company. Please ensure that the agent's license and state identification are checked before committing to any agreement with the agent or the company the agent represents.
A court hearing decides the bail amount. In certain cases, the hearing may also include an arrangement where the judge may hear the charges and demand the detainee to make a plea. The bail amount depends on how serious are the charges against the accused.
The bondsmen will need to talk to a loved one of the defendant whom will be the defendants "co-signer" This person will be in the most contact with the bail bondsmen. The co-signer will need to pay the bail company a percentage of the face amount of the bond (usually 10%) this percentage is set by the state. The co-signer will also need to sign a contract/promissory note promising to pay the full amount if the defendant does not show up to their court date(s).
If you are working with a bondsman and want to use collateral instead of cash, it will be up to the bondsman to determine what is acceptable as collateral. As a general rule, the bondsman will prefer to receive something that has a value that is at least 150 percent of the total value of the bond. This reason for this is that if a person skips bail, the bondsman needs to be able to sell the item put up as collateral to cover his lost bond and also cover his time and effort in selling the collateral item.
In most parts of the US, bail bonds can be procured 24X7. When someone gets released on furnishing a bond of the required amount, they can be expected to take better care of their family, and also prepare better for the forthcoming court dates. Moreover, bail bonds prove helpful in reducing the number of people in jails, and thus the expense of maintaining jails and feeding the prisoners.
There are also privately owned bail bonding agencies that issue bail bonds. The fee charged by such agencies is nonrefundable. It is usual for bonding agencies to ask for collateral from the accused to ensure that the accused keeps appearing in court on all the dates fixed for hearing by the court. Collateral ensures the agency of getting its money back.
Once the bond is posted and the defendant is released, they will need to complete the same paperwork the co-signer did. The bondsmen will also discuss the conditions of the bond. The court will set their conditions and so will the bail bonds company, make sure the defendant is aware. Not being aware is no excuse the court will still expect the defendant to abide by the conditions.
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You can find a list of the reasons why you should take out bailbonds Grand Rapids companies offer at http://www.bigbrotherbonds.com/about-us.html right now.
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