The amount of bail is set by a judge. Bail bonds can be secured from a bail bondsman if the accused is unable to repay the bail sum on their own.
To post bail bonds, a suspect is usually needed to pay a bail bondsman 10% of the bail amount. After that, the bail bondsman will utilize collateral to secure the remaining bail amount. Let us discuss in more detail below:
- If the suspect lacks sufficient collateral, the bondsman may seek assistance from family and friends to pay the bond. An additional monetary payment, as well as full security, is frequently required for Bail Bonds to be issued. Whether or not the defendant appears in court after being released determines what happens next.
- If the defendant is found guilty. If the suspect fails to appear in court, the bail bonds are forfeited, along with the remaining 90% of the bond. The bail bondsman will use the suspect’s security to pay the full bail amount to the court (home, jewelry, investments, etc.).
- The Bail Bonds will be dissolved and the collateral will be returned to the person who deposited it if the suspect fails to appear in court. The bail bondsman keeps the ten percent cash charge as revenue.
All About Bail Bonds is quick and courteous. When a family member is detained, you should be able to count on a bail bond company to keep working until your loved one is released. We have the skills and knowledge required to navigate the legal system. We can also do bail bonds over the phone, allowing us to serve clients from all around the United States. If you require quick assistance and live in the areas of Austin, Liberty, TX, Dallas, College Station, Conroe, TX, and Midtown, TX, please contact us right away.