I will give the clear and comprehensible concept of bail bonds in this article and impart some basic knowledge about it.
Most of us know the word “bail” very well, due to the endless Hollywood flicks. Often, we get to know about it from the famous high-profile criminal proceedings where bail was given to a suspected convict against a huge amount of money. Our concepts about what bails might be a bit hazy but most of us do not know what these bonds are.24 hour service offers excellent info on this.
Which Bail Bonds are they?
In the case of parole, the judge demands him to pay a certain amount of money to the defendant prisoner as a promise that he or she will appear in court all the days of the appeal. The accused prisoner must send the amount of money as given by the judge within a definite date and hour. A trust is an arrangement between the suspected prisoner and the judge. The prisoner also employs a bail bond company to pay the cost of the bond and it is the business who charges the whole bail amount to the court on behalf of the accused convict. The company shall keep as a guarantee any property or jewellery in equal value to that of the bail amount. If the accused prisoner fails to appear in court and loses the balance to the judge, the corporation will confiscate the land or jewellery promised.
Few basic information to remember· The amount of money paid by the firm varies but typically 10 to 15 percent of the bail amount is the standard charge. Nevertheless, if the federal court is the case, the service charge for the client can vary.
It is the bondman who represents and conducts all transactions with the lawyer after you have contacted such a company and signed the contract. He is actually the person who submits to the court the amount of the bail.
Experts believe it is always advisable to go through such a firm as most of these companies have good associations with county courts.
Most good enterprises are open 24 hours a day and 7 days a week. Some people believe bail is not an emergency problem but it is essential to many. Bail is sometimes requested by the accused convict’s family members as quickly as possible and therefore it is one of those firms that can help you out at any time of day or night.
Bail bond agencies are also very useful in civil cases.