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Home» Bail Bonds » Definition of Bail Bond, How does bail work?

Definition of Bail Bond, How does bail work?

Posted by admin - July 26, 2012 - Bail Bonds, Legal News

 

A bail bond is a guarantee to the court that the defendant will appear in every court appearance as the court orders. Failure to appear in court will result in arrest warrants and the forfeiture of the bail. You can get a Bail bond by calling our toll free number at 1-855-227-5500 and one our licensed bail agents will confidentially discuss your situation and assist you every step of the way. After someone has been arrested and booked, a bail amount will be determined for their release. Once bail amount has been set, one of our bail agents will discuss your options and answer any questions you may have and help you through the bail process.

Most Bail Bond premiums are ten percent of the full bail amount. however that rate may vary with each individual case. For example if the bail amount is $50,000.00 the premium which is the fee you have to pay to the bail agent is $5000.00. these fees are regulated by the California Department of Insurance, however financing and lower rates could be available depending on each individual case. For example if you have inquired private council we might be able to lower your rate to eight percent.

Once a bail is posted and accepted by the court or the jail the bail premium is fully earned and non refundable. For more details please contact us we are a few minutes away form the Van Nuys and Los Angeles jail, but we service all surrounding cities and counties as well.

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