If in the unfortunate event, you or someone special to you is arrested, the first thing you want to happen is to get out of prison fast. If this is the case for you, it is crucial to know how you can get out through a bail bond. If you are unfamiliar with the process, here are first five essential things about bail bonds that you should know to get you or your loved one out of jail.
1. What is a Bail Bond?
A bail bond is an amount set by the court that the defendant must settle to get out of jail. It will be set within two days after an arrest. When the bail is posted, the accused can get out of jail under specific conditions.
Getting out of jail is crucial because it gives you time to prepare for your defense. You can also go back to your normal life and make income. You also don't have to be away with your family, and most importantly you can get things in order to avoid jail time.
2. What types of Bails are there?
Cash and surety are two of the most common types of bail bonds. In a cash bond, you need to pay the full amount in cold cash. On the other hand, a surety is often set a higher amount and usually for severe crimes. This often requires a third party or a bondsman to be done.
3. How do Bail Bonds Work?
When there is a significant amount of money involved, or surety is required, you will need the help of a bail bondsman. Bail bonds will pay for the balance or the full amount of bail, and they usually charge 10 percent of the total bail set.
To ensure that you will be present in your court trials, the bail bondsman will write an agreement which involves collateral as assurance.
4. What Can You Use as Collateral?
Every company can set their own rules when it comes to what can serve as collateral. In most cases, whatever is worth a good sum of money can be considered collateral. Below are some examples of properties and items that can be accepted as collateral:
5. What Factors Influence a Bail Amount?
The amount of bail significantly depends on the seriousness of the offense made. In most cases, there are standard bail amounts for each crime, but the judge has the authority to increase the bail if deemed necessary.
If the person has a lengthy criminal record, it can be a reason for the amount to go higher. You can take advantage of the expungement process to clear yourself from the past charges from your criminal history.
Further, if the person has a habit of not attending his court trials, the judge can increase the bail amount. In worst cases, the judge can even reject bail, so the accused has to serve jail time until he gets his sentence.
In part 2 later this month, we will outline an additional 5 steps that are necessary and helpful in getting someone out of jail fast. If you have any questions or concerns about this process, please call one of our bail agents standing by 24x7 at Trinity Bail Bonds Tampa.