Being arrested and taken to jail can be one of the more stressful and scary experiences that you can be unfortunate enough to experience. While it is often possible for you to post bail so that you can leave jail until your trial, you may need to use a bail bonding service for this task. However, you may not have much experience with these services, and this may mean that you will benefit from having the following couple of bail bonding questions answered.
What Is the Process Of Obtaining A Bail Bond?
While the process of getting a bail bond can seem intimidating, these professionals are able to quickly process applications for these bonds. Typically, you will need to provide the bail bondsman with the arrested person's name and the jail where they are located. The bondsman will be able to call the jail to confirm the bail amount so that they will know how much of a bond they will need to issue.
After you complete the required paperwork and submit your collateral, the bond can be approved and forwarded to the jail. While this process may sound time-consuming, the process of completing the required paperwork can usually be done fairly quickly. However, you should be aware that the jail may take much longer to process receiving the bail bond than the bondsman will take to issue it.
Will Your Collateral Be Returned?
In order for the bail bond to be issued, you will need to present collateral to the bondsman. This collateral is designed as a way to protect the bondsman in the event that the defendant does not appear in court. Typically, these services will accept real estate, automobiles or other financial assets, such as stocks and bonds, as collateral. However, the exact options for collateral will vary based on the local bail bond regulations and the policies of your particular bondsman.
Not surprisingly, many people may be concerned about what will happen to their collateral. The bondsman will release their claim to this collateral once the trial has concluded. Unfortunately, if the defendant attempts to flee or otherwise avoid trial, the collateral will be forfeited. This is necessary because the bond with the court will be forfeited, and the collateral may be the only way for the bondsman to recover these losses. As a result, it is critical for individuals to ensure that they are present for their trial to avoid this potentially devastating repercussion.
To learn more, contact a bail bonds company like A Bail Now Bail Bonds, Inc.Share