There is a common tendency for hearing people on the news being released on bail. However, many people are still in the dark when it comes to understanding what this bail and how it tends to work. At the same time, people tend to confuse bail and a bail bond. Basically, a bail bond is a surety bond availed by a bondsman or a surety bond company with an aim of securing the release of a defendant. This article will get you acquainted with some fundamental facts about bail bonds in san diego.
There are two main types of pledges and the first one is the criminal bond. Criminal bond is designated for criminal cases and this guarantees that a defendant will appear before the court whenever there are proceedings and whenever they are required to. Also, the bond tends to act as a surety that the defendant will comply and pay the fine and penalty fees as per the directives of the court.
The second bond type is the civil surety bond and this tends to focus on the civil cases. This bond tends to avail an assurance and a guarantee that the accused will pay their debt in full. The debt incorporates all the interests plus penalties and fees as per the agreements.
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 above will enable you understand what bail bonds are. Also, you will manage to understand the roles played by the defendant and the bond-person. Whichever the case, the bonds-person is not prone to lose unlike the accused where they fail to appear before the court.
There are two main types of pledges and the first one is the criminal bond. Criminal bond is designated for criminal cases and this guarantees that a defendant will appear before the court whenever there are proceedings and whenever they are required to. Also, the bond tends to act as a surety that the defendant will comply and pay the fine and penalty fees as per the directives of the court.
The second bond type is the civil surety bond and this tends to focus on the civil cases. This bond tends to avail an assurance and a guarantee that the accused will pay their debt in full. The debt incorporates all the interests plus penalties and fees as per the agreements.
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 above will enable you understand what bail bonds are. Also, you will manage to understand the roles played by the defendant and the bond-person. Whichever the case, the bonds-person is not prone to lose unlike the accused where they fail to appear before the court.
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