Many people have heard of a Bail Bond but don’t know exactly what this is or how it works. When they find they need to secure a bond for a loved one, they become stressed. They have numerous questions and don’t know where to turn. Certain questions arise regarding this type of financial product again and again. The following are three of these questions and broad answers, although it is best to contact a licensed bondsman for more specific information.
What Is a Bail Bond?
A bail bond is a financial product used to secure the release of a defendant from jail. Courts establish a bail amount within 48 hours of an individual being arrested. Once this amount has been paid, the defendant is permitted to leave jail as long as certain conditions are met. This allows the individual to return to work and earn money, care for family members or arrange for this care, work on their defense, or get their affairs arranged if they are found guilty and must serve time.
What Types of Bails Are Available?
Cash bonds are very common in this country. A loved one simply pays the amount established by the court and the defendant may go free until his or her court appearance. However, this can leave the person strapped for cash, so many defendants and their loved ones choose to look at other options. Surety bonds are typically used for large bond amounts and require a bondsman to become involved. Individuals often cannot come up with the amount needed to secure the defendant’s release without help and rely on a surety bond in that situation.
How Does the Bail Bond Work?
The defendant or someone acting on his or her behalf works with the bondsman to obtain the amount needed to secure the defendant’s release. This typically requires the friend or family member to pay ten percent upfront and the bondsman guarantees the rest. In exchange, the defendant agrees to appear at all court dates and may be required to abide by other terms and conditions.
Bill and Bill Bail Bonds #1 has over 20 years of experience writing bail bonds in Florida, and we are available 24 hours a day and a live person will always answer your call! Browse our website to learn more about obtaining a Bail Bonds Jacksonville FL and how these financial products work. Individuals who do so find it gives them peace of mind as they have options for securing their loved one’s release. This is an option that should never be overlooked.
