A stage in your life that come when you or a loved one gets imprisoned and needs to post bail. Often a single mistake, false accusation, or being at the wrong location at the wrong moment will do this. No one wants to wait until trial in prison, so it’s best to have a good bail bonds service in mind before an incident happens.
Once a judge determines a bail amount for a defendant, one of two methods can be used to secure their release: cash or guarantee. There are clear differences between those two methods and before moving forward, everyone should know what they are.Do you want to learn more? Visit bail bonds service .
Running Away With Money
This is a pretty simple process. When the amount allocated for freedom of a convict exceeds $50,000, the same sum should be compensated in cash for freedom of the convict. The money is then kept as leverage before adjudication is taken by the judge. When the trial is finished, and all the court appearances needed have been made, the money is returned.
Surety: Rising Highway
Most people don’t have to put up $50,000 as collateral, and instead opt to hire a bail bonds service. Typically, 10 percent of the bond amount will be paid by the defendant to a bondman, and the bondman will put up the total amount for the release of the defendant. Once, after the case is complete, the entire bail fee is restored, although the bondman must retain the 10 per cent as reimbursement for his work.
There are other threats
There are a number of risks that accompany securing release of someone. The suspect may totally escape to prevent prosecution, in which case the money may be forfeited and a bench warrant may be released. The bail bondsmen will then do their utmost to find the fugitive within the scope of the law and return him or her to prison. Often they recruit bounty hunters. It is not wise to skip bail, not only because these people will do all they can to locate and apprehend you, but it is likely that additional charges will be added to the original allegations against you.
There are significant differences between cash and security bonds, and personal conviction is the choice. When you have enough resources to post bail without any disastrous financial implications and/or trust the individual you are bailing out, then a cash bond could be the best option you can put. A security is, however, the best way to secure time at home during a trial for most people.