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الأربعاء، 7 ديسمبر 2011

What Are Bail Bonds?

Are you or a loved one in trouble with the law? Do you wish you had the money to pay the bail so that you can spend time with your family or prepare for your trial at court? Then no matter what time of the day, you can always find an agent to help you pay for your release from prison.

Depending on the offense that you have been chargesheeted with, the bail amount that the court asks for may vary. When you pay the money, you are expected to turn up for every court hearing that is scheduled for you. If you turn up for all the days, then your money will be refunded to you. The court wants to give you a chance to stay at home with your family. It also wants to make sure that you turn up at court when you are called. So the money you have to pay may be low enough that its not too much for you to pay, but high enough that you will want to recover it by turning up at court.

Now here's how bail bonds work. If you are still unable to pay the bail, you can have a bonds agent do it for you. You usually have to only pay the bondsman fee that is about 10-15 % of the bail amount. The bondsman then pays the court the entire money as a surety that you will be turning up at court. If you turn up regularly, then the money that the court refunds at the end of your bail period will be given back to the bail bond agent, and he will have made a profit from your fee. So you will be able to stay out of prison by paying much less and the agent will have made money.

But in case you don't turn up at court, the bondsman will lose money. In order to avoid that he will usually ask you to provide a guarantor. This person will have to sign a bond with the bondsman an offer to pay the entire bail amount if you jump bail. Alternately, you may be asked to provide a collateral, in the form of a credit card payment, or mortgage deeds on your vehicle etc. All your collateral will be returned once you make an appearance at court.

Before you have a family member or a friend sign a bail bond as your guarantor, you should ask questions to make sure you know the time constraints that are present withing the contract. Also make sure you know what will be done with your collateral when you sign for a bail bond. Mansfield has a number of agents who can help you through the process.

Bail Bonds Mansfield - Need to sign a bail bond? Mansfield is the home of The Law Office of Casey Cole who can not only help you get a quick release from jail, but also provide legal defense services for your case.


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