How does a bail bond work?

Question

Do you get charged anything? Do you get your money back? How does it all work?

Answer 1

My bail bondsman has a line of credit with a courthouse - let's say $1 Millilon.

I have a $100K bond. My bondsman charges me 10% fee - $10,000 - for him to go to the Court and move $100,000 from his credit line to the court's credit line.

My family gives him $2,500 down and my bond is posted - I still owe $7,500 fee.

If my case is disposed and I showed up for all my court cases - the $100,000 is credited back to the bondsman's line of credit. He keeps the $10,000 fee I paid him.

If I don't show up for court - the court takes the $100,000 from the bondsman's line of credit; meaning that the insurance company eats the $100,000 (the insurance company is backing up the $1 Million credit line). The bail bondsman would come after me for the full $100,000 to replenish his credit line.

Answer 2

The bail bond is usually the assurance or the amount decided by the judge to pay in order for that person in prison to be freed temporarily while he prepares himself/herself for defense. It is usually the 10% of total amount decided by the judge in connection with the gravity of the offense. A person detained for a certain offense against the law of society cannot be detained indefinitely, the reason why there is a bail bond, or until the suit has been filed. It is in the judgment of the judge whether to give the detained person a bail bond or not. Have you not observed that in certain cases, the judge does not give a bail bond? This is because the prevailing evidences are strong and that giving a bail bond is not proper. If in case the person does not show up or is late or does not follow the judge's advise, the bail bond will be taken and in some cases, the person in suit, is put back to jail.

Answer 3

A bonding company has a big chunk of money and a big insurance company behind it that have a contract with the state or the court clerk to guarantee payment of any bonds ordered by the court. When someone is arrested on a bondable offense they can "post a bail bond" to be released pending trial. If they appear they get the bond back. To "post bond" they can either deposit the cash with the court clerk or hire a bonding company (represented by a "bail bondsman" who is really an agent for the bonding company) to do so. The amount of the bond is set either by a bond schedule for routine offenses, or by a judge. For each bond the bondsman signs a written "bond" which is simply a promise to pay the state a given amount of money if you don't appear. In exchange the arrestee must do various things: 1. Either he or friends or family must "secure" the bond by putting up property, cash or some other property as security to re-pay the bondsman if he has to pay the state. 2. He must pay a fee to the bonding company, called the "premium" which is usually 10% of the bond amount. 3. He must sign an agreement that he is released in the custody of the bonding company and agrees to appear at all required court appearances and agree to allow himself to be returned to custody if he breaks any other rules of his release -- such as keeping in contact with & his whereabous known to the bondsman. As long as he makes all appearances he'll get his security released or his cash bond back at the conclusion of the proceedings.

Answer 4

when you get arrested and charged the judge sets a bond when you call the bond company someone that you know goes and gives the bond company a percentage of the total bond amount the judge has set on you the bond company then goes to the court house and sighns a form that tells the court that they are taking responsbility for you showing up at your court date if you do not show up at your court date you not only have your initial charge but then you have a falure to appear and jumping bond then you not only have the law after you but then you have the bounty hunters after you because then the bond company has only a certain amount of time to produce you in court or they have to pay the full amount of the bond that does not mean that after their time is up that they quit looking for you either if they ever produce you in court they get part of their money back and no most bond companies unless all charges are dropped do not give you your money back and then you only get part of it back they keep some for administrative fees if someone has asked you to put up the bond for them then you had better trust them alot if the bond is real high or the person has had charges befor the bond company may ask you to put up real property a bond company then has then legal right to seize the property in case of forfiture of full payment or if the person jumps bond

Answer 5

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Answer 6

ok, you get arrested, the bail is 'lets say 50,000" you pay a fee to a bail bondmen of @ 5,000 to 10,000 for them to get the person out of jail for you. They place the bond.

If you show up great ( you don't get any money back) if you don't show up they send bounty hunters after you.

If you have 50,000 in your bank, you can post your own bail, then you get the money back

Answer 7

lets say a judge sets bail at 10,000 dollars.......you give the court ten grand and they let you out of jail.....at the conclusion of your case you get the money back......but if you are not liquid and you need money for a lawyer you might have to go to a bail bondsman. if you have ten grand as collateral they will put up the cash for a thousand dollar fee. if you ain't got it you sit in jail...what is a paradigm?

Answer 8

You pay 10% of the bond to the Bondsman and they will get you out of jail. They are liable if you skip. they get a refund when you go to jail you get nothing back.

Answer 9

so im confused my boyfriend bond is 8,500 .... I must have upfront cash, right? in order to get the bond started for him to get out....also long as he attends court and payments everything is fine.