Bail
bond co-signer | Click Here
What should you know as a co-signer,
or bail bond indemnitor? What
happens if the defendant does not appear? At what point is the
co-signer no longer liable for the bond?
The service of a bail bondsman | Click
Here
A bail bondsman is any person
or corporation that will act as a surety and pledge money or property
as bail for the appearance of a criminal defendant in court. Learn
more in this section
Bail: Frequently Asked Questions | Click
Here
Here's the place to get answers to some commonly asked questions
about bail and bail bonds
Questions include: What are my
options if I am arrested? How do I get a bond? How long is the
bail process? What is collateral and What do bondsmen accept as
collateral? Can I finance the bail bond fee? Do I get my money
back after the case is over? What information should I have before
I contact the bail agent?
What is Bail? What is a bail bond?
And, what's the history of bail
bonds? | Click Here
Traditionally, bail is some
form of property deposited or pledged to a court in order to persuade
it to release a suspect from jail, on the understanding that the
suspect will return for trial or forfeit the bail ("skipping
bail" or "jumping bail" is also illegal). Learn
more in this section.
Forms of bail
| Click Here
The form of bail varies from jurisdiction, but the common forms
of bail include:
1. Recognizance 2. Surety 3. Citation Release 4. Property bond
5. Orders of Protection 6. Cash 7. Combinations
Bail
bond co-signer
What should you know as a co-signer, or
bail bond indemnitor?
It is the responsibility of the indemnitor (co-signer) to see
that the premium is paid. A bail bond is an appearance bond and
is good for one year. If the case continues longer than a year,
and additional premium is due and is collected for each additional
year.
These premiums are not refundable and upon the release of the
defendant are fully earned. Any expenses incurred in the transaction
of a bail bond, such as long distance calls, travel, or posting
fees are to be paid by the indemnitor to the bail agent. Most
additional expenses we incur. It is the responsibility of the
defendant or indemnitor to supply accurate information.
What happens if the defendant does not
appear?
The defendant is obligated by the bail agreement to appear at
each and every court appearance required by the court. The failure
to do so will result in the forfeiture of the bond. Failure to
act immediately can add up expense, such as tracing fees, court
costs, and attorney fees if legal action is taken. The indemnitor
is liable. The law provides that the associated expenses can not
exceed the face amount of the bond. (California Regular Code Title
10 Section 2081(d).
At what point is the co-signer no longer
liable for the bond?
The co-signer is no longer liable for the defendant's bond when
he/she completes all of their court appearances and all premiums
have been paid. It is best to contact the agent when the bond
is exonerated by the court. This allows the fast return of any
collateral pledged and also confirms that the bond is exonerated.
In the event of forfeiture, the indemnitor is liable until the
full amount of the bail has been paid, plus any expenses incurred
or until the court exonerates the bond, which then becomes void.
The
service of a bail bondsman
A bail bondsman is any person
or corporation that 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 bondsmen,
on the other hand, are usually in the business to cater exclusively
to criminal defendants, often securing their customers' release
in just a few hours.
Bail bondsmen are almost exclusively found in the United States,
as in most other countries bail is usually more modest, and the
practice of bounty hunting is illegal.
Bondsmen usually 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 bondsman
is responsible does not appear. The bondsman usually has an arrangement
with a 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.
Bondsmen generally charge a fee of 10% 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 bondsman's compensation
for his or her services. 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. 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 bondsman.
For large bail amounts, bondsmen 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 bondsman 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 bondsman 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 bondsman is also allowed to sue the defendant for any money
forfeited to the court should the defendant fail to appear.
In most jurisdictions, bondsmen have to be licensed to carry on
business within the state. Several unusual organizations often
provide bail bonds. For example, AAA (formerly the American Automobile
Association) offers a bail bond service to its members who are
jailed for ordinary traffic offenses to prevent law enforcement
officials from threatening lengthy remand periods before trial
if the alleged offender does not plead guilty at arraignment.
Four U.S. 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. For more on bail bondsman,
click
here.
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