There are so many people today who have heard the term bail on the news as a person gets released. However overhearing people mention the word over and over again does not mean that you have actually understood what it denotes or stands for. This tends to worsen as bails are overly confused with a bail bond and these two does not stand for the same thing. Generally, a bail bond is availed by a bonds-person and is a type of a surety that helps guarantee the release of a defendant. Through this article, you will manage to garner facts about bail bonds in san diego.
There are two main types of these bonds; criminal bond and civil surety bond. The criminal bond is use in a criminal case to guarantee that the defendant will present themselves before the court whenever required. At the same time, this surety guarantees that the defendant will pay all kind of penalties or fees that are decided against them.
The second bond type is the civil surety bond and this tends to focus on the civil cases. This bond tends to avail an assurance and a guarantee that the accused will pay their debt in full. The debt incorporates all the interests plus penalties and fees as per the agreements.
The judge that is presiding on a case will in their own discretion set the best amount of money for the surety. The figure will either be affordable for the defendant and there are other instances where the figure might not be within the financial capabilities of the accused. This will then leave the accused with one option of getting a bond-person to avail the bond required. The bondsman tends to require ten percent of the bails figure in advance.
For the bonds-person to avail the remaining amount of money for the bails set there will be need for collateral. Therefore, the defendant must present enough collateral to the bonds-person. However, there are instances where the collateral presented is not enough and this will demand the bond-persons to communicate to friends and relatives of the defendant for to up or for more collateral.
With enough collateral, the bonds-person will, present the pledge to the court. This will definitely secure the release of the defendant. Nonetheless, it is always the fundamental obligation of the defendant to present themselves before the court at all times. Failure to do this, the court will demand the bonds-person to sell the collateral; and present ninety percent of the pledge before the court.
There is more to benefit where the defendant appear before the court. Once the case is over, the accused will automatically get their collateral back. On the other hand, the bonds-person will get to keep the ten percent they received as their profit.
Through the above information, you will manage to garner facts about bail pledges and how they work. The accused has an integral role to play in the entire process. For the bonds-person or agent, it is a win scenario for them.
There are two main types of these bonds; criminal bond and civil surety bond. The criminal bond is use in a criminal case to guarantee that the defendant will present themselves before the court whenever required. At the same time, this surety guarantees that the defendant will pay all kind of penalties or fees that are decided against them.
The second bond type is the civil surety bond and this tends to focus on the civil cases. This bond tends to avail an assurance and a guarantee that the accused will pay their debt in full. The debt incorporates all the interests plus penalties and fees as per the agreements.
The judge that is presiding on a case will in their own discretion set the best amount of money for the surety. The figure will either be affordable for the defendant and there are other instances where the figure might not be within the financial capabilities of the accused. This will then leave the accused with one option of getting a bond-person to avail the bond required. The bondsman tends to require ten percent of the bails figure in advance.
For the bonds-person to avail the remaining amount of money for the bails set there will be need for collateral. Therefore, the defendant must present enough collateral to the bonds-person. However, there are instances where the collateral presented is not enough and this will demand the bond-persons to communicate to friends and relatives of the defendant for to up or for more collateral.
With enough collateral, the bonds-person will, present the pledge to the court. This will definitely secure the release of the defendant. Nonetheless, it is always the fundamental obligation of the defendant to present themselves before the court at all times. Failure to do this, the court will demand the bonds-person to sell the collateral; and present ninety percent of the pledge before the court.
There is more to benefit where the defendant appear before the court. Once the case is over, the accused will automatically get their collateral back. On the other hand, the bonds-person will get to keep the ten percent they received as their profit.
Through the above information, you will manage to garner facts about bail pledges and how they work. The accused has an integral role to play in the entire process. For the bonds-person or agent, it is a win scenario for them.
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