bail bonds, bail bond
If you are searching for bail bonds
services in orange county and surrounding counties in Southern California:
Look no further. You'll find it at Binder's
Bail Bonds! Below is some information that will help you in understanding
more on bail bond.
How does bail work?
When an individual is arrested for a crime, typically that
person will be taken to a local law enforcement station for booking, prior to
incarceration in a station lock-up or county jail. Once arrested and booked, the defendant
has several options for release pending the conclusion of his or her case. Bail is
designed to guarantee the appearance of a defendant in court at the time the judge
directs.
What are the release options if someone is arrested?
There are five basic release options available. The five
options are:
Cash Bail - Cash bail means a person must
give the court the total amount of the bail in cash. The cash will be held by the court
until the defendant appears to all of his/her court cases and the case is concluded. Full
cash bail bonds provide a powerful incentive for the defendant to
appear in court. If the defendant appears for all of his/her scheduled court appearances,
the cash bail bonds should be returned in full.
Surety Bond: An alternative to cash bail is
a surety bond. This process involves a contractual undertaking guaranteed by an admitted
insurance company having adequate assets to satisfy the face value of the bond. The bail
agent guarantees to the court that they ill pay the bond forfeiture if a defendant fails
to appear for their scheduled court appearances. The bail agent’s guarantee is made
through a surety company and/or by pledging property owned by the bail agent. For this
service, the defendant is charged a premium (typically 10% of the bail amount in
California). For example, if the bail amount in $10,000.00, the premium charged is
$1,000.00. Prior to the posting of the surety bond, the defendant, friend or relative must
contact a licensed bail agent. Binder’s Bail Bonds can be
contacted toll-free at 1-800-957-2245. Once a bail agent is contacted, an
interview or appointment will be immediately scheduled. By involving the family and
friends of a defendant, as well as through the acceptance of collateral, the bail agent
can be reasonably assured that the defendant released on a surety bond will appear to all
of his/her court appearances. After this procedure is completed, the bail agent will post
a bail bond for the full bail amount, financially guaranteeing the
defendant’s to court as scheduled. With money on the line, the bail agent has a
financial interest in supervising bailees, and ensuring that they appear in court each end
every time the court orders them to appear. If the defendant does not appear in court
(skips), the bail agent has time and the financial incentive to find the defendant and
bring him/her to court.
Property Bond: In rare cases an individual
may be released by posting a property bond with the court. With a property bond, the court
records a lien on the property to secure the bail amount. If the defendant fails to appear
in court as scheduled, the court may foreclose on the property to obtain the forfeited bail bonds amount.
Release on Own Recognizance (O.R.): Another
method of release, pending trial, is through a county or law enforcement administered
pre-trial release program. Usually, the employees of these programs interview defendants
in custody and make recommendations to the court regarding the release of these
individuals on their own recognizance (i.e., without any financial security to insure the
defendant’s return). The interview process is often conducted over the telephone,
usually with little inquiry into the defendant’s background. The interview attempts
to determine whether the detainee is likely to appear in court. There is usually no
verification of information provided by the defendant. Since no money, property or bond is
to secure the defendant’s appearance in court, he/she faces no personal economic
hardship from the conscious decision not to appear in court.
Release on Citation (Cite Out): This
procedure involves the issuance of a citation by the arresting officer to the arrestee,
informing the arrestee that he/she must appear in court at an appointed court date. The
"Cite Out" usually occurs immediately after an individual is arrested. As a
consequence of the failure to follow complete booking procedures, the true identity and
background of most individuals released on citation is never established. This results in
the release of numerous arrestees who may have outstanding bench warrants pending or who
may present a significant danger to society. Accordingly, in those cases involving
"Cite Outs", the arrestee may never be placed in custody. Like the Own
Recognizance (O.R.) release, the defendant’s appearance in court depends exclusively
on the integrity of the defendant voluntarily returning to court as ordered by the court.
How much does a bail bond
(surety bond) cost?
In orange county and surrounding counties in California, the
bail premium (fee) is typically 10% of the full bail amount. For example, if the bail
amount is $10,000.00, the premium charged is $1,000.00.
How much of the premium will I get back?
Typically the 10% premium is fully earned once the bail bond is posted with a jail or court. That is how bail agents
and their surety companies make their money and pay their bills.
What is collateral?
Collateral is anything of value used to financially secure a bail bond.
What can be used as collateral?
Some examples of collateral include houses, cars, boats,
jewelry, electronic equipment (you get the idea).
At Binder's Bail Bonds,
you'll discover an easy to use, information packed web site. Click here to learn more about bail bonds.
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