The process of posting a bail bond involves a contractual undertaking guaranteed by a bail agent and the individual requesting bail. In such case, the bail agent provides a guarantee to the court that the defendant will appear in court each and every time the judge requires. Hence a bail bond is an obligation signed by those who have been accused of a crime to secure their presence at the court when summoned. If the bail company requires a cosigner for the defendant, then that person or persons are held liable for that bond, the amount, and in some cases the balance owed by the defendant.
If you ever find yourself needing a bail bond, you should know the following:
- Unless you post cash for the bond, you are not required to pay the total amount requested by the judge. (i.e.: if your bond is set by the judge at $5,000; you can pay the amount in cash or pay a bond company a fee. Which is usually a percentage or set amount due to risk and charges.)
- In most cases you will be required to check in with the bond company on a regular basis and notify them of any changes in your information. (i.e.: address, employment, phone numbers, and other contact information.)
- Make your scheduled payments as set forth when the bond agreement is setup.
- If you have put up collateral for the security of the bond, the collateral is not released until all obligations are met. (i.e.: balance paid in full and disposition of the case.)
- Of course all bond companies are independent and you will need to contact them for their rules and requirements. We are here to answer any questions we can or at least set you in the right direction.