The Basics of Bail Bonds Explained
Posted On March 3, 2020
Many people’s sole reference to the bail bonds industry comes from what they’ve seen on Television. They’re also surprised to learn that not all bail bondsmen are huge biker buddies who throw darts and smoke cigars all day, contrary to popular belief. While that mental image is probably the number one myth regarding bail business, numerous others still remain.
Let’s look at Top 5 Bail Bond Myths: 1. Bail bonds must be paid out in currency. It is not real. Most companies give their clients alternative payment options like debit card, American Express, Discover, MasterCard, Paypal, wire transfer, Western Union and direct bank deposit. Do you want to learn more? Visit Connecticut Bail Bonds Group of Bridgeport CT
- The bond can be “negotiated” with the prison. Bail numbers aren’t set at random. When someone is charged for the felony they’re guilty of being cross-referenced with the bail plan for the jurisdiction. This is a register compiled periodically that contains different amounts of bail to be given to different crimes. Often people think they can drive down to prison and demand a reduced bail amount when the person has never been in trouble before. Unfortunately, the assumption is wrong. Even judges have the power to increase, raising or withdraw bail.
- Bail guarantees must always be paid out in full before the convict can get out of jail. This is not real, however. Many companies give their customers the alternative of bail bond payment plans if they can not get the full cost all at once. The terms and conditions of funding bail bonds will vary considerably from company to company so you’ll want to ask the bondman lots of questions before you sign on the dotted line. Will they charge interest or fees for the financing? Is there a risk to early payment of the balance? Does the difference have to be paid out in full in a given period of time? Do they need a set percentage down or can they work under the budget? These are key points which should be remembered before going on.
- Once the defendant’s trial is over, if charges are not brought or if they are proven not to be guilty, the amount you paid to a bondman is refunded. This is another big misunderstanding and it is also wrong. It would be to post cash bail or appoint a bail bondman if someone is charged and their bail was set the two quickest methods to get them out of prison. In the case of cash bail, at the prison, you must collect and post the full bail amount of the convict, throughout cash. This is often a heavy amount of money and the county assumes at some point in time whoever posted it will want it back. We claim their money will be refunded to this person-but only if the offender attends all of their requisite court appearances. When they fail to show up, the money is deemed forfeited.
- Bail guarantees can be withdrawn if a payment plan sees someone slipping behind. To cancel a bail bond for a bondman they are required by law to have a good reason to do so. Of example, the judge or the bondsman can set terms and conditions of their release when a prisoner is bailed out. For the Lindsay Lohan case, you can remember the judge who needed her to agree to involuntary drug and alcohol tests. Resting sober Lindsay was a condition of her release. If a bail bond arrives with these kinds of terms and conditions and the offender refuses to meet them, this would count as a legitimate reason to cancel their bond.