Discovering The Truth About Services

Bail Bonds: Answers to Frequently Asked Questions Getting arrested and having to spend some time in jail can be quite an unfamiliar feeling. But thanks to the presumption of innocence in the Universal Declaration of Human Rights, you are innocent until proven guilty and may post for conditional liberty. In some cases, if you are fortunate enough, you may be released from jail until your court trial or hearing. However, you may be required to agree to a set of conditions to ensure that you will not run away, and still attend the proceedings against your charges. This form of security is commonly known as “bail bonds” Bail bond is an agreement made between the judge and the defendant in order to obtain the defendant’s release before the court trial. Bail hearings are conducted to determine and agree on the type of bail. A special proceeding is conducted to decide on the bail bond. Cash, property, and signature bonds are among the usual types. There may also be cases where a surety company is involved. In cases where a surety is involved, both the surety and the defendant must be present during the hearing. The financial sources of the defendant are considered in cases of other possible bail bond. It is necessary to know and understand the various kinds and forms of bail available, once bail has been set. Cash bails include cash, checks, and money orders proven to be obtained by legal means. Property bonds are those legal assets and real estate property presented by the defendant as collateral, and in replacement, for the total bail amount. When a defendant is unable to financially comply to the conditions of the bail, this is when dependent pays 10% of the total bail amount to a bail bond agent and a third party surety company functions and legally takes the responsibility to pay for the bail amount. In some cases, the defendant need not to pay for the bail amount, or present a collateral as a substitute for a bail amount; he only has to come to agreement with the court’s conditions so as to be granted the temporary release or conditional liberty.
Why not learn more about Resources?
The defendant is obliged to attend all court trials and legal proceedings after the bail has been approved. In case the defendant skips a hearing, the bail bond is considered to be in default. However, there is no need to worry yet since there are a number of ways in which you can solve the problem and prevent your bail bond from being forfeited. Unfortunately, once you have tried all the possible options and none has worked out after the statutory period by the court, the bail bond will be forfeited regardless of all possible circumstance.The Art of Mastering Businesses

 

Author: s3m4ng4t