Important Things to Know About Bail Bonds
If you are accused and arrested for a crime, you might have to spend some time in jail which is not a very good experience. You comfort is that unless you are proven guilty, then you are legal innocent. IF there are scheduled hearing for your case, the judge may allow defendants to be released until that time. But, judges usually order the released suspect some form of guarantee that he will return to face the charges laid upon him before he can be released from prison. This guarantee is called a bail bond. Usually bail bonds come in the form of cash, property, signature bonds, secured bonds through a surety company, or a combination of forms.
The judge sets the Bail Man Bail Bonds during the bail hearing. Here, the judge meets the accused person and hears information if it is appropriate to set bail to the person or not. If the judge will order a certain kind of bail bond, they will see that the accused has a source of funds or property that he can use as a collateral for it. Sometimes, another person will post the bail bond for the defendant and in this case, the financial situation of the surety will be considered.
The judge will inform the surety of his obligations and responsibilities during the bail hearing. The bail can be revoked and forfeited if the accused person fails to fulfill his duties and appear for the hearings and court dates. It is important for a surety to have confidence in the defendant before posting bail for him. Know more about bail bonds here!
There are many different kinds of bail. You can pay cash or money orders or certified checks for cash bail. When the terms of the bail are met, then the one who posts the bail can collect a refund. Cash or property is not required for a signature bond. It only needs signature on roper forms so that the defendant can be released. The conditions or instructions set by the judge has to be met. Know more at this website http://www.ehow.com/how_4474828_start-bail-bonding-company.html about bail bond.
Bail bondsmen provide corporate security bonds. You only need to pay a small percentage to the bail bondsman and he will pay the total amount of bail that you need. If the defendant meets all the conditions of his bail, that small percentage remains the property of the bail bondsman. Bail can also be in the form of property bonds. In this type of bonds, you have to prove that you own the property, reveal its appraised value and list the encumbrances against it.
The bail is returned when the defendant meets all the court conditions. It is thus important to make sure to follow the proper steps to have the bail returned to the right person.
