The Fundamentals of Bail Bonds4275571

Once in jail, some criminals can get short-term freedom through bail bonds. Bail bonds are essentially contractual undertakings in between the person posting bail and the bail bond broker. With the bail bond, it is the responsibility of the bail bond broker to promise the showing of the defendant in court when summoned.

It is generally kith or kin who contacts the bail agent for the launch of the defendant via a bail bond. The bail amount for the defendant is decided by the judge, where the bail agent receives a percentage of the amount. As soon as the bail bond is signed, the individual posting bail ensures that on the absence of the defendant when summoned, the bail amount will be paid out in complete.

In some instances, the bail agent prefers to have the defendant or co-signer have a collateral for the bail bond. Though a collateral may not be required by the agent, the co-signer should at least have a steady earnings live in a rented or personal home which is near the defendant. This is as a precaution in case the bail agent can't locate the defendant whereby the co-signer has to pay the complete bail quantity. In such cases, as soon as the defendant is found and held in custody, the expenses the bail agent incurs searching for the defendant has to be borne by the co-signer.

Bail bonds can also be arranged for the defendant via a bail bondsman. In this kind of a situation, the defendant has to organize for collateral to the bail bondsman whereby the bail bondsman guarantees to pay the court if the defendant does not appear for trial. As soon as all courtroom appearances are finished, and the case is closed, the bail bond dissolves and the collateral positioned is returned to the defendant.

bail bondsman in norristown pa