Bail Bonds FAQ
Frequently Asked Questions
What is Bail?
Judges usually set a bail amount at an arrested person’s first court appearance after an arrest. There are standard practices for setting bail, however, judges can raise or lower the standard bail, or waive bail altogether. If bail is set, and an arrestee has the means to pay the entire amount to the court, they can personally pay the cash bail, or have a relative or friend do so, and are then granted their freedom pending the resolution of their case. When a suspect cannot post the entire cash amount, a bail bond seller can arrange for a bond.
What is a Bond?
A bond allows an arrestee to pay a bail bond seller a fee to secure their release if they are unable to pay the bail amount in full. Without a bond, one could end up staying in jail until their court date arrives, often weeks or months after their initial arrest. The bail amount is paid by the bond, which is secured by collateral.
What can be used for Collateral?
In order to obtain a surety bond, think of it like an insurance policy, collateral is required to cover the value of the bond. Examples of collateral might be houses, land, cars, motorhomes, boats, jewelry or antiques. If an arrestee fails to appear, this collateral will be used to satisfy the value of the bond. For example, if a house is used to secure a $25,000 bond, it will be sold, with $25,000 less going to the homeowner to satisfy the bond.
Surety Bond or Cash Bond?
A surety bond is backed by collateral, where a cash bond is guaranteed with real cash money. Some judges specifically ask for a cash bond, feeling that this will make the arrestee less of a flight risk. Having a third party post a cash bond, rather than the arrestee, family, or friends, gives you a better chance of getting the money returned, rather than having the court use it as payment toward fines or court costs.
Why use a Professional Bail Bond Company?
In general, the answer is money. If you don’t have 100% of the bail amount, you may be able to come up with the 10 – 15% premium charge that a bail bond seller collects in order to post bail. This premium is non-refundable, it is a fee collected by a bail bond seller to ensure compliance with release and attendance at court appearances. There are benefits to this system, a bail bond seller understands the process and can help guide you through the system at a time when you are most likely to be under pressure and stress.
How is a Bail Bond Posted?
A call to Allen Bail will start the process. We will walk you through the paperwork, advise you on collateral requirements, and post the bond with the court. When everything has been processed, your release is then initiated.