Bail is an essential element in criminal proceedings. Defendants use bail to secure their release while their cases are pending. Once the judge sets the bail, you can choose your preferred way to post it. Most defendants opt for bail bonds, which are provided by local surety bond companies. When you contact the company and request the bond, they can assist you by pledging to pay the entire bail if the defendant skips town.
An Overview of Bail Bonds
A bail bond is the agreement you make with a surety company and the court when you or a loved one is in jail awaiting trial. With this agreement, the surety company helps you secure a release by taking the financial burden for the bail. However, instead of paying the entire bail upfront, a bondman agrees to pay it if the defendant flees.
To post a bail bond, you will need to contact a surety company after learning of the arrest. Not all students qualify for a bond. Therefore, the company will determine eligibility before offering its services. When contacting a bondsman, you will need to provide these details about the accused individual:
- Their name and booking number
- The facility where the accused is held
- The offense with which the individual is accused
- The amount needed for the release
This information helps the bondman not only to locate the defendant but also to look into their history. Before offering bail bond services, the surety company will determine if the accused is a significant flight risk and their criminal record. With this information, the company can prepare for the risks it is taking.
If the surety bonds are in place, the company accepts your request for a bond, and the bondman will draft a bail bonds agreement. The company will state the fee for its services in this agreement. If you are co-signing a bond for another person, your responsibilities are also included in the contract.
After signing the agreement, you will pay a fee for the services before the accused's release. The standard fee for a surety bond is ten percent of your entire bail. For instance, if a judge sets bail at $10,000, the bail bond fee is $1,000. Paying a 10% fee is more affordable than covering the full amount. However, if bail is high, the premium can be too much. In such a case, you can negotiate with the bondman for a payment plan.
Different payment plans are available for defendants who qualify. They include:
- $500 down bonds. Under this agreement, you will pay an upfront fee of $500, despite the original bail amount. You could then cover the remaining premium in affordable installments, given your financial situation.
- $3% down bonds. When you enter into this agreement, the surety agency will require you to pay only 3% of the premium before the release is issued.
- No money-down bonds. If the premium is low and the defendant is a low flight risk, the agency can allow you to enter a no-money-down bond. This means that you will not pay any upfront fees for the premium.
When approving a repayment plan, the bondsman may require collateral. Bail bond collateral safeguards the surety bonds agency against losses associated with a bail bond forfeiture. Collateral in this case can be anything from real estate to a valuable vehicle or jewelry. After meeting all the requirements, your bondman will go to court and secure your loved ones' release.
Advantages of Surety Bonds
Defendants who use bail bonds to secure a release enjoy the following benefits:
- Saving money. Posting bail is financially demanding. With a bond, the financial burden is lower. A defendant can use their own funds to seek legal counsel for their case instead of paying bail.
- Quick release. Sitting in detention is not ideal for anyone. Fortunately, bail bondsmen are familiar with jail and court systems, which speeds up the release.
- Expert guidance. Besides providing financial assistance, a bondsman will offer guidance on navigating the surety bond process.
- Avoid financial scrutiny. Occasionally, the court may conduct a financial investigation when a defendant posts significant bail in cash. The investigation can not only delay the release but also invade financial privacy.
Fate of a Bail Bond When the Case Ends
When the case concludes, and a defendant meets all bail requirements, the surety bond service will no longer have the obligation to cover the entire bail amount. In exchange, the collateral you provided is released. A key point to note when posting a surety bond is that the premium is nonrefundable, regardless of the case's outcome.
If a defendant does not appear for trial, the court does not automatically forfeit the surety bond. Instead, the judge gives the bondman a grace period to find the defendant and return them to custody. The judge may also hold a bond forfeiture hearing. At this hearing, the bondman can provide reasonable justifications for the defendant's failure to appear. These may include:
- Hospitalization. Suffering from a severe medical condition can be a reason to miss a court appearance. However, when giving this justification, you must present medical records to support it.
- Incarceration. If an accused is arrested and incarcerated for another offense while on bail, the court may understand the reason for the accused's failure to attend trial.
- Conflicting court subpoenas. Sometimes, criminal defendants serve as witnesses in other cases. If an accused is required to appear for their case and as a witness in another case, they could argue that the subpoenas were conflicting.
- Lack of proper notification. The bondsman can use this justification if the accused or their attorney did not receive notice of an upcoming court date.
If the justifications are reasonable, the court may not move forward with the forfeiture.
Find Reliable Bail Bond Services Near Me
When you have a loved one or friend in jail, ensuring their release is a priority. A release before trial is possible when you post bail. For most defendants and families, bail bonds are a practical option for securing release. After contacting a local surety company, you will receive the financial backing and guidance needed for the release.
Bail bonds offer a convenient and affordable solution to secure a release. Since a defendant only needs to pay 10% of the bail before release, even individuals from low-income families avoid unnecessary stays behind bars. For more information on bail bonds and how to post them, contact King Stahlman Bail Bonds.