Thursday, January 22, 2015

Things You Need To Learn About Bail Bonds

By Janine Hughes


When someone is convicted for a certain crime, there are proceedings that will be done and the person will be in the prison. There is a chance that he or she can still get out and enjoy a normal life provided that he or she would stay away from illegal activities through bailing. The amount will be discussed among court members. It would usually be based on the degree of the crime. And you still have to wait for some time before it can be determined if the criminal is viable for bail.

Determining whether someone has a good chance for the bail option will be decided by the court. And this is also the same when you will be applying for bail bonds Essex County. Just like the court, they would evaluate if it is okay for them to grant the bond. Usually they would also see if the person is likely to make a run for it and how many percent is that chance.

The amount to be paid in court will be returned if the defendant have showed up in all the hearings in case he or she is granted temporary freedom. It does not matter if the defendant if guilty of the crime or not guilty of it. The money will be returned nonetheless.

It is true that the clients for this type of business are very unusual people. But it is seen as a business nonetheless. That is why most of the owners are take this type of business very seriously. The person who is close to the victim such as family or friend will be the one to make contact with a company that has bail bonds services. But before they grant it, they will still do their own investigation regarding the convicted person as well.

The aim is to make sure that the defendant shows up in court at the set date. That is why some of the properties of the family who contacted the company will be up for collateral as well as some of the finances and properties of the criminal. They would also be needed to pay at least ten percent of the entire bail amount. And the rest would be shouldered by the company.

If everything goes smoothly and the convicted person shows up at all hearings and never misses one, the court would pay back the amount. The bonds company get their earnings from the interest that is to be paid by the person who needed the money. But if it is the other way around, the company and your relative will be paying the amount.

During cases like this, they will forfeit the collateral to compensate for their loss. And this is not enough, they will go after your finances as well. That is why it would be hard for the convicted individual to make a run for it. But if they do, this is when the bounty hunter hunts them down.

Being in the bonds business is very risky. That is why, they also try to make sure that they are insured when something like fleeing happens. If you look at it in a nutshell, you can say that the company works like a lending establishment as well but there are more technical laws involved

If you are to go to a bondsman, you need to make sure that they are also licensed. This is a requirement for many states. Transactions with a bondsman that is not licensed is considered as illegal and can even make things more complicated.




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