What is a Bail Bond?

What is a Bail Bond?If you've recently learned a loved one has been locked up because they are suspected of a crime, then you're likely searching for information about how to have them released on bail. While paying the full bail amount may seem far fetched, as many times it is placed in the tens or hundreds of thousands of dollars, there is another option that is much more affordable. A professional bail bond agent can help you get your friend or relative released with the use of a bail bond.

How Bail Bonds Work

When a person is detained they are given an initial hearing in which a bail amount will be set by the judge or in some cases using a predetermined bail amount based on the charges. This dollar figure will vary based on the crime and the defendant's previous arrest record. For the defendant to be released prior to the case being heard in court, this amount must be paid in cash to the court system as insurance that the defendant will appear. Since most people don't have tens of thousands of dollars lying around, as that is often how much bail can be, or more, the other option is to use a bail bond.

When a person uses a bail bond agency to have a friend or other loved one released from jail they only need to pay a small portion of the total bail amount, usually 10 percent. Once this nonrefundable fee is paid, the bail agent will submit a bond that is a contract between the bail agency and the court system. The most important part of this contract is that the defendant must show up to each and every one of their future court dates, because if they do not then the bail agency becomes responsible for paying the full bail amount. However, as part of your contract with the bail agency this duty can be transferred to you.

The bail bond is a great tool for allowing people to live their day to day life as they go through the court procedures to have their case heard. But if the defendant decides to skip town it can leave the cosigner of the bail bond, who is the person that went to the agency for help, with a huge fine to pay. For this reason it is extremely important that you only post bail for people that you can completely trust.

If you need to post bail in Florida for a friend or loved one be sure to use a bail agency that can provide you with many bail bond payment options. At Steele Boys' Bail Bonds we offer 24/7 bail bond services to ensure the timely release of your loved one. To learn more about posting bail in Panama City or the surrounding Florida communities reach out to us day or night at (850) 403-0214.

Steele Boys' Bail Bonds Blog

Written and Published By MORBiZ

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