Bail Bonds are used to guarantee the payment by the defendant to the court on the date set. The court may release the defendant only if he/she pays the bail. In this article we’ll explore some of the basic aspects associated with bail. A bail bond is a bond pledged by a creditor to the court in favor of the defendant before he/she appears in court in an attempt to obtain a trial. A bond is secured with a lien on the property. A bail bond officer, bail bondsman, or bail bond broker is any individual, company, or institution that acts as a guarantee and pledged property or money as collateral for a defendant in court on the basis of a pending court case. This property or money is used as a guarantee to ensure that the defendant will appear in court on the date set. If you wish to learn more about this, visit Martinsville Bail Bondsman
Bail Bonds are not intended to bail out the defendant from jail. In fact, they are meant to make sure that the defendant gets to court, as scheduled. There is no “free” bail when a person is arrested. If you are arrested, you are automatically put in jail until the court decides otherwise. To qualify as a bail, the accused has to satisfy the court that he/she is guilty and can pay the agreed amount as soon as possible. Bail bondsmen work only with a handful of the state’s courts. You may be able to apply online for bail bonds with other courts.
The process of applying for bail bonds is easy and the bail bondsmen will submit all the information required. The application process will take about a day and will include personal details of the defendant as well as his/her assets and income. The bond will be paid by the defendant to the bail bondsman after the court decides whether the defendant is guilty or not.
Bail Bondsmen are required by law to be registered with the state of their residence and the court where the case is pending. To be sure, you can search the internet for the names of bail bonding companies.
A bail bond agent is a person or firm that works with the court to determine whether the defendant is guilty of the crime, and if so, the amount and type of bail to be offered to the defendant. This is a long-term contract. Depending upon the nature of the crime, the bail bondsman may have a lot of control over the payment of the bail. In cases involving money and property, the bail bond agent is the one who makes the payment to the court and it is done through a wire transfer.