How Do Bailbonds Work? – GA Short Sale Team

It allows the defendant to post a bail that he or she would not have the money to pay that. It’s actually the bail bondsman who pays the full amount on the defendant’s behalf.

A portion of the bail amount is paid by the accused to the bail bondsman. It’s generally 10 percent. it isn’t refundable. The bondsman also secures the bond that comes with a collateral.

Understanding Bailbonds

It’s a payment in court by the bail bond company which is also known as a surety bond. Bail is in fact the amount that the defendant post to be freed from the prison prior to the trial.

Once a defendant has posted bail, the defendant must appear in front of the court to fulfill his or her release conditions. Naturally, the bail money will be refunded. And if the defendant fails to appear before the court, the full bond amount will be forfeited.

Procedure of Bailbonds

The bail bondsman is contacted when the judge has decided to set bail. These bail bondsmen are also known as bail bondsmen and have to require the defendant (or the relative) to cover the amount of bail.

The typical price is 10%. when the bond agent has received made the money, they can initiate the process for the release. Bond agents will cover any bail that’s not covered by collateral. ajigna2a82.

Related posts

Leave a Comment