A point in your life may come when you or a loved one gets arrested and has to post bail. This can sometimes be triggered by a simple mistake, false arrest, or at the wrong moment being at the wrong location. No one wants to sit in prison for sentencing, so before an event happens, it’s best to have a good bail bond service in mind.
It is possible to ensure their release using one of two means after a judge sets a bail sum for a defendant: cash or guarantee. There are obvious variations between these two approaches, and before going on, everyone should know what they are. Click here -read this article for more details.
Having With Cash Out
This approach is very straightforward. If $50,000 is the amount set for the release of a convict, the same amount can be paid in cash and the defendant is released. Till the court adjudicates, the money is then held as collateral. The money is returned when the case is over and all appropriate court appearances have been made.
Surety: The Traditional Route
Many individuals don’t have to put up $50,000 as collateral and instead prefer to employ a bail bond service. The defendant will usually pay 10 percent of the bail amount to a bondman, and the bondman will put up the entire amount for the release of the defendant. Again after the trial is over, the entire bail amount is returned, but the bondman will retain the 10 percent as payment for his services.
There are some risks
There are a variety of hazards that go along with securing the release of someone. The suspect can fully escape to avoid prosecution, in which case the cash is forfeited and a bench warrant is issued. Within the reach of the statute, the bail bondsmen will then do whatever they can to trace the suspect and return him or her to prison. Often, there will be bounty hunters hired. Not just because these individuals will do everything in their power to find and arrest you, it is not advisable to skip bail, but extra charges will definitely be added to the initial claims against you.
Between cash and security bonds, there are big variations, and the option is a matter of personal conviction. If you have enough money without experiencing catastrophic financial consequences to post bail, and/or if you trust the person you are bailing out then your best bet could be a cash bond. However a guarantee is the only way to ensure time at home during a trial for most individuals.