Bail Bonds Rip Off Report

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24 Oct

What is a Bail Bondsman?

Posted in Uncategorized on 24.10.16

Bail bondsmen are also known as bond agents. A bail bondsman can be an individual or a company that provides services to individuals who want to bail out. The primary duty of a bail bondsman is to provide the court of law with surety bonds to release their client. It is an international rule that the accused person who is arrested will be in the jail until the trial is over. Bails are meant to release the accused person with security bonds so that the accused person does not have to be imprisoned until proven culprit. A bail bondsman is there to make this process easier for such people. Bail bondsmen work independently, and for them, this is merely a business. The terms and conditions are predetermined according to each state’s rule of law.

Once an accused person gets in touch with a bondsman, the bondsman is responsible to take the process further. The bondsman charges his fee, and in return presents, a blanket bond to the court which compared to the original bail amount is of lesser value. Rests of the things remain same; the bondsman makes an agreement with the court that the person he is bailing out will attend the trial as per the given dates. Also, it is the responsibility of the bondsman to make sure that the person does not flee because he is his assurer.

Why should you use a bail bondsman?

There are various benefits of going through a bondsman to bail out the alleged person. A bondsman is a professional and he has access to securities and techniques that a layman would not. Hence, he can serve you better and make sure that the bail bonds are presented to the court at time. Bail bondsmen are usually in agreements or contracts with various financial institutes and credit providers which make it possible for them to acquire the securities or whatever is required earlier than an average person can do. They are also able to acquire credit after the business hours because of these particular contracts. Although not all financial companies make such agreements with bondsmen, the ones that do are required to conform to their business structure.

What should you consider before opting for a bail bondsman?

There are certain factors that a person needs to ponder over before opting for a bail bondsman. First and the foremost, the bail bondsman should be a reliable person. In some cases, bail bondsman charges the fees and deposit the blanket bonds but later withdraw them. In such an eventuality, the accused person is sent back to the jail while the bondsman flees away with the money. Although if a bail bondsman does such a thing, the court takes strict notice of it and cancels his license. Also, it is better to keep something as a security with the bail bondsman instead of asking him to make the bonds through credit money which can, later on, become troublesome. How much does a bail bondsman charge?

Bail bondsmen usually charge 10% of the total bail amount set by the courts. They do not charge any interest on the credit money they acquire for the accused person’s bail bonds.

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