A bail bond agent, or bondsman, is any person or corporation which will act as a surety and pledge money or property as bail for the appearance of a criminal defendant in court. Although banks, insurance companies and other similar institutions are usually the sureties on other types of contracts for example, to bond a contractor who is under a contractual obligation to pay for the completion of a construction project such entities are reluctant to put their depositors’ or policyholders’ funds at the kind of risk involved in posting a bail bond. Bail bond agents, on the other hand, are usually in the business to cater to criminal defendants, often securing their customers’ release in just a few hours. Bail bond agents are almost exclusively found in the United States. In most other countries bail is usually more modest and the practice of bounty hunting is illegal Stockton CA bail bonds.
The History of Bail Bonds
The first modern bail bonds business in the United States, the system by which a person pays a percentage of the court specified bail amount to a professional bonds agent who puts up the cash as a guarantee that the person will appear in court, was established by Tom and Peter P. McDonough in San Francisco in 1898 Santa Ana CA bail bond service.
Modern Bail Bond Practice
Bail bonds agency in Indianapolis, Indiana, Bond agents have a standing security agreement with local court officials, in which they agree to post an irrevocable “blanket” bond, which will pay the court if any defendant for whom the bond agent is responsible does not appear. The bond agent usually has an arrangement with an insurance company, bank or another credit provider to draw on such security, even during hours when the bank is not operating. This eliminates the need for the bondsman to deposit cash or property with the court every time a new defendant is bailed out in Riverside CA bail bond agents.
Bail Bond Agents
Bond agents generally charge a fee of 10-15% of the total amount of the bail required in order to post a bond for the amount. This fee is not refundable and represents the bond agent’s compensation for his or her services. Some states, such as, North Carolina charge a flat 15% where other states that charge 10% can also bill the defendant for phone calls, gas, mileage, anything that has to do with the apprehension of the subject, etc. As the practice of paying a 10% cash premium for a bond became widespread, some courts have recently instituted a practice of accepting 10% of the bond amount in cash, for example, by requiring a $10,000 bond or $1,000 in cash. In jurisdictions where the 10% cash alternative is available, the deposit is usually returned if the case is concluded without violation of the conditions of bail. If you need to be bailed out of Clark County Detention Center on Casino Center Boulevard in Las Vegas Nevada. This has the effect of giving the defendant or persons giving security for the defendant a substantial incentive to make the cash deposit rather than using a bail bond agent in Las Vegas Clark County Nevada.
Large Bail Amounts
For large bail amounts, bond agents can generally obtain security against the assets of the defendant or persons willing to assist the defendant. For example, for a $100,000 bond for a person who owns a home, the bond agent would charge $10,000 and take a mortgage against the house for the full penal sum of the bond. If the defendant fails to appear in court, the bond agent is allowed by law and/or contractual arrangement to bring the defendant to the jurisdiction of the court in order to recover the money paid out under the bond, usually through the use of a bounty hunter. The bond agent is also allowed to sue the defendant for any money forfeited to the court should the defendant fail to appear for a bail bonds in Fort Worth Texas.
Bail Bondsmen Are Usually Licensed
In most jurisdictions, bond agents have to be licensed to carry on business within the state. Several unusual organizations which often provide bail bonds. Four states—Illinois, Kentucky, Oregon, and Wisconsin—have completely banned commercial bail bonding, usually substituting the 10% cash deposit alternative described above. However, some of these states specifically allow AAA and similar organizations to continue providing bail bond services pursuant to insurance contracts or membership agreements, Illinois is not one of them, but you can get a bail bond in Sacramento CA.
The Bail Bond Controversy
The economically discriminatory effect of the bond system has been controversial, and subject to attempts at reform since the 1910s, at least. See, e.g., Frank Murphy’s institution of a bond department at Detroit, Michigan’s Recorder’s Court. In addition to the use of bail bonds, a defendant may be released under other terms. These alternatives include Own Recognizance or Signature Bond, Cash Bond, Surety Bond, Property Bond and Citation Release. Alternatives to Bail are determined by the court. From Wikipedia, the free encyclopedia Alameda California Bail Bondsmen.
When an individual is arrested for a crime, normally that person will be taken to a local law enforcement station most of the time it’s the County Jail in the county where the crime was committed. The individual will then be booked and given several options for release pending the outcome of his case in Oakland CA 24 hour bail bond service.
A property bond involves the court recording a lien on a property to secure the bail amount. If the defendant does not appear in court, the court may seize the property. This type of bail is not as common as it is a lengthy process. The process generally takes several weeks as the court requires that equity in the property be equal to 150% of the total amount of bail required. The Value is confirmed by two court appointed appraisers. Due to the lengthy process this is the least common method of posting bail. If you have any questions about getting bail in Tracy CA, Manteca CA, Stockton CA, San Joaquin CA or Lodi CA Need Bail? Mr Bond Bail Bonds 3108 Cherryland Avenue Stockton, CA 95219 (209) 333-7222
I Need A Bail Bond But No One Answers The Phone?
This seems to be a common problem around the bail bond industry. Usually when you or a loved one gets into trouble you need help and often it is in the middle of the night. Is it that some of the bail bond firms are just too busy to pick up the phone and help? When this happens I just get back on line and start looking for local bail bond firms that will actually answer the phone and help me out, if the first one does not answer I rarely leave a message, I just call the next company until I find a helpful person in Clark County Detention Center NV.
When You Need Bail Help:
The last thing a parent, spouse or friend wants to hear is “Can you help me get out of jail?” at 2 am in the morning. Yet this call happens all the time, the trouble is many bail bondsmen are not willing to get up at night and answer the phone let alone go and get a bond so you loved ones can go home. 24 Hour Bail Bonds want to help you find a help, these bail bondsmen answer their phone day and night, evenings, holidays and weekends even during super bowl. If you need bail bond help give them a call. If you or someone you are responsible for have been injured or hurt in a motorcycle accident, car or truck accident visit our website Bissell Law of Sacramento CA.