Bail bonds are a way to secure a person’s release. When an individual is arrested and held on bail, a bail bondsman (also called a bail bond agent or bail bond dealer) is hired to act as the person’s surety. The agent or bail bondsman pledges money or property as bail in exchange for the freedom of the person being arrested.
Many bail bonds agents have 24-hour office hours and accept electronic payments. Before signing any documents, make sure you fully understand the contract. This contract will explain all of the fees and terms of bail, so that you know exactly what you are agreeing to. Generally, a bail agent will discuss collateral and fees with the person posting bail. Learn more about them at bail bonds in Greensboro, NC
The purpose for posting bail will determine the type of bond you should get. If the defendant does not appear, the court will forfeit the bond amount. If he does not cooperate with the court, the bail agent will hire a bounty hunter to find him and return him to jail. This could cost the person who took out the bail bond additional money or lose his or her collateral. The court will also set the bail amount at a bail hearing. The judge will look into the details of the case and determine if the bail amount is too high or low.
Bail bonds can be classified as unsecured or secured bonds. The former is a cash bond, while the latter involves property title being offered to the defendant. The latter is called a property bond and will require a third party to guarantee the defendant’s appearance in court. The surety bond company will also seek compensation if the defendant fails to appear for court.
Bail bonds can help you out of a stressful situation. If you’re unable to post bail, you may face weeks or even months in jail. Your immediate priority is to get out of jail, so bail bonds can make it possible. It is essential to remember that bail bonds are not a substitute for the court system.
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