If you or someone you care about has been arrested, you may need to secure a bail bond in order to get released from jail. Most people have limited understanding of how bail bonds work – with most of us simply imagining a judge banging his gavel and yelling “Bail is set at $100,000.” However, this is not quite how bail bonds work. You may have also seen various ads and commercials for bail bonds. Until you have to directly deal with needing to post bail, chances are that you may need an overview on your bail bond knowledge.
Bail is an agreement made between the defendant and the court. The defendant agrees to post a certain dollar amount, promising that he or she will return to their scheduled court date. Upon returning to court on that day, as stated in the agreement, the defendant gets his or her money back.
For instance, if bail is set at $10,000, you can pay the court $10,000 in order to get released from jail. You will get your money back if you return to court on the date specified. You will get your money back even if you are convicted at the trial. However, if you miss even one court date, it will immediately result in a forfeit of the $10,000 and a warrant will be issued for your arrest.
If you are unable to pay the amount of the bail, you will not be released from jail and will remain in your cell until the court date and trial.
What Is a Bail Bond?
Bail bonds are similar to personal loans, in which you put down a small percentage of the total amount of bail set and a bondsman or bail agent provides the remainder of the money. The bail agent or bondsman is similar to a lender with a personal loan.
For instance, if your bail is set at $10,000, a family member or you would need to put down a deposit of $2,000. The bail agent would then provide you with the $10,000 that you would need to “post bail.” In most cases, the bondsman also requires that you provide collateral for the remaining amount of money. Once the trial is over, you (or whoever put up the deposit) would receive your money back, which would then be returned to the bail bond company.
Call an Experienced Stockton Criminal Defense Attorney
If you or someone that you care about has been arrested for a crime, it is imperative that you immediately hire an experienced criminal defense attorney to help protect your legal rights and ensure that you have the best defense possible to avoid a criminal conviction.
For more information or to schedule a complimentary consultation with Stockton criminal defense attorney Gurjit Srai, please call us at (209) 323-5558 or (559) 449-1447, or complete our online form.