What is a bail bond?

What exactly is a Bail bond?

Bail Bonds have for a long time aided judges to ensure that arrested persons that must undergo trial are available for their trial without attempting to make disappearance. A bail is an amount set by the judge to be paid by the arrested party that binds the party to attend his/ her trial. Depending on the crime of the individual, the bail can be set as such; ranging from minor crimes to much more serious crimes. The deal is if you attend your trial, the bail amount would be returned fully to you and if you fail to attend your trial, you lose the bail amount. This is bond enough to make sure you attend your trial as the bail amounts are usually set such that the amount is relatively significant. For example, a minor crime that attracts a bail of $10,000 would ensure the arrested party shows up.

Bail bonds have dated to as far back as the 19th century when two brothers decided to post bails as favor to the attorneys who drank at their father’s saloon. Once the lawyer’s clients showed up for their trials, they had their money back and with time, they decided to charge a percentage as fee for the service. The demise of their father enabled them turn the saloon into a bail bond establishment and things evolved from there. Bail bonds men receive a nonrefundable percentage of the bond which most times are usually 10% and instead of paying $10,000, you pay $1,000 and the bonds man owes the court your bail fee. This leaves the bail bonds man no option than to track you and make sure you show up for your trial.

While most states in America might not allow for profit bail, Florida does. So, if it happens that you or any member of your family is arrested for whatever crime ,you would be required to pay a bail bond which would probably be handled by a bail bond company except you are able to make payment completely on your own.However, if you do not want to stay for so long in jail or your family member at that, you might require the services of a bail bonds man paying him or the company the percentage of the bail bond. If the bond amount is relatively high ,then you may need to provide the bondsman with security for the total bond.That could mean putting up any asset of yours equivalent to the bond amount and signing a contract stating that the asset is security for the bond. If it happens that you skip bail, perhaps leaving the state or the country, then the bail bondsman could place a lien on whatever asset you used. Once a family member or friend seeks the bail bondsman for help providing him with your name ,date of birth and the county you are detained in, the bail bondsman looks up the information and starts working on the bond forms. A copy of your Florida’s license could be required after which your bond would be posted and you would be released but you may be required to fill out more paper work. A contract signed with the bondsman may give him some control over you like restrictions on your movements and reports on your whereabouts. Not showing up for court proceedings may mean the bondsman can arrest you and if not, the court issues an arrest warrant.

Itshould be noted that in Florida,the fee for a bond is set at 10% of the listed bond and only authorized bondagents are allowed to pursue and detain anyone who has skipped bail. The bailbondsman also has to be qualified and licensed. However, the exception to the 10% rule is when the bondsman has topost a federal bond on the individual’s behalf as this type of bond requires15% of the bond amount. A bondsman can post your bond immediately after bookingprocess which may take typically 1 to 3 hours or 24 hour at most depending onhow busy the jail is at the time. You are only accountable to the bail bondsmanfor as long as you have pending court dates. The bondsman only job is to ensureyou show up at scheduled court dates and depending on the level of your bond,require that you check in regularly. Once your case is over and the bonddischarged, any security used for the bond is given back.

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