There are a lot of new headlines and news that are always saying that a given person or so and so was released on bail. Therefore, so man y people are familiar with the word but very few people are actually aware of what it means. The word is at times through to stand for a bail bond which has never been the case as these two are different things. A bail bond is a surety that is paid or availed by a bonds-person or agent with intentions to secure and guarantee a release of a defendant from jail. This article acquaints you with some fundamental information about bail bonds in san diego and how they work.
Mainly, there are two types of pledges and they are always helping the defendants stay out of jail. The first type is the criminal bond and this is availed as an assurance or a surety that the defendant will present themselves or appear before the court whenever requested. At the same time, the bond tends to guarantee that the defendant will pay all the fines and penalties fees as authorized by the court.
Civil bail bond is the second type and this bond tends to work for civil cases. Defendants faced with civil cases will always present the bond as a guarantee that they will service all the debt they have in full amounts. When servicing the debt, they will have to incorporate the interests plus any other fees and costs incurred.
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.
A disciplined defendant who appears before the court will benefit once the case is over. After the case proceedings and a verdict is issued, the accused gets the collateral back. For the bond-person, the ten percent advance payment becomes their profit.
The defendant is always required to act diligently and disciplined where they need to protect the collateral used for the bail bonds. As a matter of facts, the bond-person will never lose no matter what. Therefore, understanding the above points will enable you understand facts about a surety bond and how it works.
Mainly, there are two types of pledges and they are always helping the defendants stay out of jail. The first type is the criminal bond and this is availed as an assurance or a surety that the defendant will present themselves or appear before the court whenever requested. At the same time, the bond tends to guarantee that the defendant will pay all the fines and penalties fees as authorized by the court.
Civil bail bond is the second type and this bond tends to work for civil cases. Defendants faced with civil cases will always present the bond as a guarantee that they will service all the debt they have in full amounts. When servicing the debt, they will have to incorporate the interests plus any other fees and costs incurred.
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.
A disciplined defendant who appears before the court will benefit once the case is over. After the case proceedings and a verdict is issued, the accused gets the collateral back. For the bond-person, the ten percent advance payment becomes their profit.
The defendant is always required to act diligently and disciplined where they need to protect the collateral used for the bail bonds. As a matter of facts, the bond-person will never lose no matter what. Therefore, understanding the above points will enable you understand facts about a surety bond and how it works.
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