Tennessee Bail Bonds865-518-BOND (2663)
Most of us news junkies hear about bail on an almost daily basis every time someone gets arrested. We hear things just as, So-and-so was released on X thousand dollars bail and will return to court in two weeks. But what does bail really mean and do? And why do the defendants have to return to court if they were already released on bail? For those needing a Bail 101 course, here is a good overview of what bail is, how bail works, and what bail bondsmen do:
When someone is taken to jail on suspicion crime, that person will likely to be escorted by the police to the jail intake center for booking. During this time, the individual is going to have to take a mug shot, they will then be fingerprinted, and requested a statement of facts. While awaiting their day in the court, an individual will be locked in jail unless the magistrate bail bond.
What Is Bail?
Bail is basically a financial arrangement where professional bail bonding agency is going to make on the part of the criminal defendant. A professional bail bonding company, acting on behalf of the individual accused of committing the crime, will arrange with the legal court to get a suspect released from jail pending their initial court date as well as subsequent court dates; as in trade for cash, collateral, assets, or possibly a bond. The magistrate of the courts sets the monetary value of one’s bail.
The bail services than will be accountable for making sure the accused arrives in court at the time of the trial. In case the individual fails to turn up in the court, after which bonding services will more than likely hire a bounty hunter to track the person down. It must be noted the fact that the U.S. is amongst the one of the only countries on the globe which allows bounty hunting. A bond is basically a pledge that the total amount of the bail will be honored, however, most courts will accept either the complete bond or possibly a 10% cash advance payment release of a suspect.
How Bondsman Work!
When a bail bondsman, working with a bail bonding agency, puts up a fee for the release of a suspect on bail, the bondsman charges a fee of usually about 10% of the amount of money that is required to pay the bail. This initial fee is not refundable, even if the case is thrown out after the suspect posts bail.
The bail bondsman will take out a security against a defendant’s assets in order to cover the cost of the bail. If the defendant does not have enough assets, then the bondsman might take out securities against individuals that are willing to assist, such as relatives and friends. When a security is taken out, a bondsman often requires that 10% cash payment in addition to the mortgage on a person’s home that would equal the full amount of the bail bond money owed.
In the event that a defendant does not arrive in court on trial day, the bondsman can not only hire a bounty hunter to track the defendant down, but the bondsman then has a right to sue the defendant for money that was given to the court for the defendant’s bail bond. The bail bond agency may also recover any unpaid money by claiming assets that were owned by the defendant or those individuals that signed a contract to financial assist the defendant.