Getting arrested can be a real pain and nuisance. Hopefully you’ll never have to set foot in jail, or in front of a judge, but if you do you should know what the bail bonding process is so that you can get out. Although it depends on your criminal record, and the alleged charges, courts are legally obligated to offer you a bond for your temporary release. Let’s take a closer look at this process and how you can use it.
When you commit a crime you’ll be booked and instructed to appear in front of a judge. The judge will then explain the charges you’re facing, and you’ll then be provided with the opportunity to post bail. The amount of your bail will ultimately depend on your history and the charges you’re facing. Most bail amounts issued are either in the hundreds or low thousands. If you’re a repeat offender, or the crime committed is especially heinous, the bail amount can be increased significantly — well into the millions! In some cases the judge may opt to revoke your right to bail altogether.
Since bail bond amounts can be rather expensive you’ll need to work with one of the Bail Bonding Companies in Dekalb County. These companies will work to finance your bail so that you’ll be released before your court date. You’re essentially asking the bail agent to provide you with a loan to get out of jail, and just like any loan you’ll need to pay interest. Interest payments are usually around 10% of your bail; so if your bail is set at $1000, you’ll only have to pay $100 to the agent.
The interest you pay isn’t the only thing required by Bail Bonding Companies in Dekalb County. You’ll need to collateralize your bond first. This basically means that you — the defendant — will need to provide collateral to secure the loan from the bail bonding company. This collateral can be anything of significant value (i.e. real estate, vehicles, credit cards, etc.). If the defendant abides by the terms of the contract, the bail bonding company has no rights to the collateral. However, if you fail abide by the contract, such as skipping out on bail, the company may have a right to repossess your possessions. To know more Click Here.
