A bail bond is a cash promise given by or on behalf of a convicted suspect to ensure their presence in court before their sentence is completed after they are released from prison. The defendant’s bail bond will be forfeited if he or she fails to appear.
Concept of bail bond freedom
When a court trial is concluded, a bail bond is issued. If the criminal is proven guilty or innocent, or if the charge is dropped, it makes no difference. At this point, the bail bond balance is no longer owed to you. However, you are also responsible for any outstanding fines or penalties charged by the bail bond firm on your behalf.
Obtaining a bail bond can be done in a variety of ways.
The amount of bail required for the defendant’s release would be determined by the court system. A bail bond firm can offer a form of insurance package or “bond” to the court that promises payment of the entire bail bond fee if the prisoner fails to appear at all scheduled court proceedings. Bail bond companies charge a fee for providing these bonds. a fraction of the overall bail bond sum set by the state, usually 10%. A $3,000 premium, for example, will be paid on a $30,000 bail bond. Big Fish Bail Bonds, provides discounts and payment options, so this number could be less than 10%. For free anonymous bail bond information and a price quote, contact us right now.
What comes next is determined by whether or not the suspect shows up in court after being released.
When the prisoner fails to appear in court, The bail bond is lost, and the remaining of the bail must be paid. The Bail Bondsman will pay the outstanding bail balance to the court using the defendant’s collateral (house, jewels, stocks, etc.).
If a suspect fails to appear in court, the Bail Bond will be broken and the collateral will be returned to the individual who posted it. The 10% cash premium is kept by the bail bondsman as interest.
Bail Bond Services
Our office is pleased to assist you with making bail, regardless of the felony you or a loved one has been charged with. You can get out of prison before your court date if you have a bail bond while awaiting trial. This is time you will spend with your family and your counsel while they plan for your lawsuit. You can also read this useful article on the “3 benefits of using a bail bond service“.
Weapon Violation Bail Bonds
Felony Bail Bonds
Fast Jail Release
Where will I get a Bail Bond?
Because of the underwriting issues, most surety companies (including ours, Surety Solutions) do not write bail bonds. Bail bonds are one of the riskiest types of bonds to write. This is because the surety bond firm that issued the bond is responsible for the entire bond interest if the prisoner fails to appear in court. Of necessity, with the terms of surety bonds, the surety firm will demand restitution from the claimant in order to recoup any penalties they were required to pay. Bail Bondsman Court collects the ten percent of the bail payout rather than the bondsman. Understanding the vulnerability associated with Bail Bonds is important. Before issuing a bond, underwriters will assess the overall probability of posting a bail bond, which includes personal life, financial situation, family circumstances, and the case itself. Approval is difficult to obtain, because it also necessitates the indemnification or co-signing of other persons on behalf of the offender.
What do you do now that your friend or loved one has been arrested?
Our team has more than a decade of experience in the bail bond business. We will make every effort to get your loved one out of the city. You will only have to pay a percentage of the entire bail bond fee to Crossroads, and we will work with you to come up with simple and manageable payment plans that will fit into your schedule.
Crossroads Bail Bonds will both help you and the suspect navigate the bail bond and justice systems. We promise that your bail experience will be quick to grasp and execute, taking only a limited amount of time and documentation. Crossroads Bail Bonds is a full-service bail bond firm covering Wichita and the surrounding counties.