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What is a bail bond?
A bail bond, technically called a “surety bond”, is a contractual undertaking guaranteed by a state licensed bail bailbondsman who is backed by an insurance company. If the defendant fails to appear for their scheduled court appearances, the bail agent guarantees payment of the full amount of the bond to the court. For your protection, always deal with a licensed bail bond company.
What is the cost of a bail bond?
In California, the cost of a bail bond is 10% of the bail. Note that each state sets their rates and the rates are non-negotiable. There are no hidden fees or taxes for a bail bond. For example, if the bail is set at $25,000, then the fee charged is $2,500, no more and no less by law.
What is the procedure for bailing someone out of jail?
Generally, a bail bond company will be contacted by phone to begin the bail procedure. During the initial phone consultation, most companies will ask for information about your situation in order to determine the risk involved in the bond and begin the approval process.
Once the bail bond is approved, the customer will need to sign basic bail bond documents including an application, Indemnity Agreement, and receipt. After the paperwork is finalized and payment has been made, a licensed bondsman will “post” the bail bond at the jail.
What is an indemnitor/cosigner?
An indemnitor or cosigner is the person who agrees to be financially responsible for defendant and the full amount of the bond if the defendant fails to appear in court. An indemnitor is also responsible for all cost incurred for a defendant missing a said court appearance. If there is more than one indemnitor who has signed for the release of a defendant both or more are jointly responsible for all expenses. Which means funds will be collected from both of the indemnitor.
What is collateral?
Collateral is something of value that is used to secure a debt or ensure payment. Sometimes a bail bond company will receive collateral in order to ensure that the defendant appears in court. Most bail bond collateral is in the form of real estate or cash. A bail bond company must return your collateral at the resolution of the case.
Do I always need collateral for a bail bond?
Not with Adios Bail Bonds. We often negotiate no collateral bail bonds. These are called signature bonds. We find that most of our customers are eligible for a signature bond.
If I use collateral, when do I get it back?
When the defendant’s case has been completed and all financial obligations are satisfied, collateral is returned to the individual who pledged it.
What happens when a person is arrested?
When an individual is arrested, generally, they will be taken to a local law enforcement station for processing and booking. Processing and booking includes fingerprinting, pictures, and nation-wide computer database searches. It can take many hours, but in smaller jails generally happens more quickly. Bail cannot be arranged until the arrest process is complete.
How long does the release process take?
This depends on the city and county in which the defendant is located, but in most cases defendants are released within two to four hours.
If I bail somebody out of jail, what is my responsibility?
When you bail someone out of jail, you are called the bail bond indemnitor. You take full responsibility for the defendant to show up in court when you bail someone out of jail. Most issues with appearance in court are easily resolved and rarely escalate beyond a simple phone call.
What happens if the defendant is bailed out and fails to appear in court?
If the “failure-to-appear” in court was a simple mistake, then the bail bond company or an attorney can usually make arrangements for the defendant to return to court. Courts generally understand that people get sick, traffic or car problems arise and other unforeseen circumstances occur. This is most commonly the situation and is easily remedied.
What happens if the defendant is not bailed out?
If the defendant is not bailed out, he or she will generally remain in custody until the matter has been resolved in court.
Do you offer financing or payment plan options?
- We do not charge a fee for financing
- We will work out payments that you can afford
- We offer no-collateral bail bonds to qualified applicants
- We accept cosigners
What are your business hours?
We are available 24 hours a day, 7 days a week, including holidays. We are happy to assist you on any day you are available.