Getting arrested and having to spend some time in jail can be quite an unfamiliar feeling. Fortunately, anyone charged with a penal offence has the right to be presumed innocent until proven guilty, thus, he may be allowed to plead for provisional liberty. In some cases, if you are fortunate enough, you may be released from jail until your court trial or hearing. However, in return, you will be required to provide some sort of guarantee or security so as to assure them that you will return to face the charges against you. This type of assurance or security is what we know as “bail bonds”.
Bail bond is an agreement made between the judge and the defendant in order to obtain the defendant’s release before the court trial. Bail bonds are determined during a bail hearing. Cash, property, and signature bonds are among the usual types. A surety company may also get involved. In cases where there is surety, the presence of both the surety and defendant during trials are necessary. If there are other types of bail bond to be considered, the judge will take into account the defendant’s financial sources, or the source of whatever will be used as collateral.
Knowing, studying, and understanding the various kinds of bails available (be it in the form of cash, property, signature bond) once the post or request for bail has been acknowledged. Cash, checks, and money orders earned and obtained legally are among the forms of allowed forms of cash bail. Real estate and legal assets are among the considered forms of property bonds which the defendant presents as collateral or substitute for the total bail amount. When a defendant is unable to financially comply to the conditions of the bail, this is when dependent pays 10% of the total bail amount to a bail bond agent and a third party surety company functions and legally takes the responsibility to pay for the bail amount. There are also cases where the judge agrees to waive the bail amount; the defendant need not to pay for the bail in cash or collateral, but to only sign a few legal documents and agree to the stipulated instructions and conditions stated in exchange for the temporary release.
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After the defendant has been released temporarily, he is required to attend all court hearings and proceedings, and meet the conditions stipulated and agreed during the bail hearing. In case the defendant skips a hearing, the bail bond is considered to be in default. However, there is no need to worry yet since there are a number of ways in which you can solve the problem and prevent your bail bond from being forfeited. Unfortunately, once you have tried all the possible options and none has worked out after the statutory period by the court, the bail bond will be forfeited regardless of all possible circumstance.A Beginners Guide To Services