In its essence, a bail bond is a type of assurance that you will show up at the trial at the date specified. In return, you are allowed to remain free even if you are still awaiting trial for a civil or criminal charge. Otherwise, you will sit in jail while waiting for the court to rule on either conviction or acquittal. A bonding company can pay bail for you and get you released from jail.
Depending upon the allegation, the amount of bail can be expensive. Not a lot of accuseds can post the bail. There's a good reason why the penal system is overburdened. But there's a lawful manner in which to gain your temporary release from prison even while your lawsuit is ongoing. With our site you can locate a respectable bail bondsman in Posey County.
Just what is a bail bond?
A bail bond is a surety bond that is provided by a bonding company to help with the release of a jailed person so they can await their court hearing outside of prison.
There are 2 types of bail bond, specifically a criminal bail bond and a civil bail bond.
A criminal bail bond comes into play in criminal cases. It ensures that the offender appears during the trial and at the same time guarantees that the accused will pay the fines and penalties imposed by the court.
Civil bail bonds are for civil cases. These provide surety on the financial obligations, interests, and expenses imposed on the offender.
Why do I require a bail bond?
Using a bail bondsman is one of the most cost-efficient methods of getting out of jail. In a lot of states, the rate for a bail bond is at 10% of the bail amount, which gives you an economical option to get released from jail. So if you are trying to bail someone out, your first consideration should be to look for a bondsman in your city.
Another reason you must think about utilizing a bonding company is the simple fact that they streamline the notorious and equally complicated judicial process. You get in touch with the bail agent, supply some basic info about yourself or the person you want to bail out, and they will post the bail on your behalf. Before you know it, you are free and enjoying an evening meal with your loved ones.
We all know first impressions are the most lasting, so it certainly is a good idea to appear before a judge as a dependable member of the community in civilian clothing, rather than showing up in a jail jumpsuit. A bondsman offers you the opportunity to dress the part and show the judge the other side of you.
How does the bail bond process work?
Choosing the right bonding company is important. Unfortunately, there are dishonest businesses around who prey on unsuspicious families who are already desperate .
So be prepared when you get in touch with a bail bondsman. Ask all your questions, and only once all your doubts are quelled should you continue with the subsequent steps of employing their services. The bondsman can then continue with paying the bail and filing the necessary paperwork to get you or a friend released.
What your bondsman needs to know about you
When you or your representative link up with a bondsman, they will ask for the following info:
- The name of the suspect
- The name and location of the jail where the defendant is detained
- The booking number in the police blotter
- The complaints filed against the offender
- Any other relevant information
Collateral that a bail bondsman can accept
You are seeking the support of a bondsman precisely for the reason that you have no immediate source of money to use for putting up your bail. But needless to say bonding companies will not pay out cash on your behalf without an assurance that they will be repaid. They will need collateral in the form of your possessions such as:
- Real estate
- Bank accounts
- Expensive jewelry
- Credit cards
- Private credit
Don't get alarmed by the amount of money you have to repay. Your bondsman may offer you reasonable payment terms. The bond company's reasonably priced fee is nothing compared to the comfort that the bail bondsman in Posey County has brought you by ensuring your release from prison in the fastest way possible by simplifying the bail bonds procedure. Be assured that someone out there can really help you in times of great need. You or your family member can take your pick from the bondsmen listed on our website. Almost all of them are open for business 24x7.