Knowing about Bail Bonds Company

The bail amount for a felony is usually 10% of the total bond amount. So, if your bail is set at $100,000, your bond payment to the bail bond business will be merely $10,000. This eliminates the need for you to come up with the entire $100,000 yourself, which most individuals cannot afford. You will not receive a refund for the $10,000 charge you paid to the bonding business. Check Bail Bonds Company.

A bail bond business will usually charge a 20% fee for a misdemeanour arrest. If you are arrested for a misdemeanour and your bond is set at $2000, you will only be required to pay a bonding business $400. You will not be reimbursed for this amount; it is a fee. However, check with your accountant to see if you may deduct this money from your taxes this year.

On big bonds, collateral is usually necessary to ensure that you do not miss the court and flee to Mexico. A bonding company would often have your co-signor sign a note (contract) agreeing to give up collateral worth the bond amount plus any other expenses. This could be their automobile, boat, or even their residence. So, if you have a $100,000 bond and decide to depart town, your co-signor is responsible for the remaining $90,000 plus any fees.

The system is set up to keep you around until the case is finished. It usually works, and as you may have seen on television, some individuals leave and attempt to leave. However, once a warrant is issued, it remains in effect until you appear before a judge to answer the accusations. Of course, there are guides and publications that clarify the bail bonding process and how to properly turn yourself in.All of your vitals will be taken down by a good bondsman (height, weight, date of birth, where you hang out, what you drive, where you work, etc).