6 Common Questions About Bail Bonds
Bail bonds are a part of the legal system that helps individuals secure their release from jail while awaiting trial. Because this system can be complex, there are several questions and misconceptions about how these bonds work. Here are six common questions about bail bonds to provide a better understanding of the process:
1. What Exactly Is a Bail Bond?
Bail bonds, also called surety bonds, are contractual agreements between the defendant, the court, and the bail bond provider. Under a bond, the defendant commits to appearing at all their court hearings. The bail bond company becomes responsible for paying the bail amount to the court if the defendant does not appear on their scheduled date. In this situation, the defendant would remain legally liable for paying the bond back to the bond company.
2. How Does the Bail Bonds Process Work?
After a person has been charged with a crime, a judge sets a bail amount based on the type and magnitude of the offense and the risk of the defendant fleeing. If the bail amount is more than the defendant can afford, they may turn to a bail bond provider for assistance. Bail bonds typically include a non-refundable fee, usually around 10% of the total bail amount.
3. Are All Arrested Individuals Eligible for Bail Bonds?
The right to bail is protected by the Eighth Amendment of the United States Constitution, which prohibits excessive bail. In some situations bail can be denied to the defendant. This includes cases when a defendant is considered a flight risk or a danger to the community.
4. What Happens to the Money Paid to the Bond Provider?
The money paid to the bail bond company is the fee for their services and is non-refundable. Regardless of whether the defendant is found guilty or innocent, the bond provider earns the fee for the risk assumed and services provided. This money covers the costs of the bond provider’s operations and provides them with profits.
5. Is Collateral Required for a Bail Bond?
Collateral, especially for larger bail amounts, may be required when securing a bail bond. Collateral can include real estate, vehicles, jewelry, businesses, or other valuables. If the defendant fails to appear in court, the collateral may transfer ownership to the bail bond company to cover the defendant’s liability.
6. Can Bail Be Lowered After It Has Been Set?
It is possible to request a bail reduction in some cases. A defendant or their legal representative can file a motion with the court to have the bail amount lowered. When making the decision, the judge will consider various factors, such as the defendant’s record, community ties, and the seriousness of the charges.
Bonds Can Ease the Stress of Arrests
Understanding the basics of bail or surety bonds is helpful for those who find themselves or their loved ones in a legal predicament. By understanding the basics of bonds, individuals can make informed decisions and navigate the bail bonds process more effectively. If you or a loved one needs bond services, contact Woodard Bonding to learn more about your options.