Bad Boyz Bail Bonds Faq’s
Question 1: What is exactly the meaning of a bail bond?
A bail bond is an agreement by a criminal defendant to pay a sum of money set by the court to appear for trial.
Question 2: What does bail mean?
When a criminal is arrested for the crime he committed, the judge has to set the bail amount to be released from jail. In other words, bail is the amount of money that the defendant has to submit for all court appearances, held by the court as a guarantee.
Question 3: What is the meaning of collateral & why it is necessary?
In case, your bond has not been paid, collateral has to be held. When using collateral the items of values have to be accepted such as homes, cars, boats, or jewelry as well as other valuables. These valuable items can be employed by everyone to back up their bonds.
Question 4: What you have to do to get your collateral back?
15 business days after you pay the premium the collateral is typically returned. For this process, the requirement of signed disposition is essential.
Question 5: What should you do if they miss the court date?
You can contact Bad Boy’z Bail Bonds company if you have to miss the court date due to conflicts. We can help our clients at any time of the day immediately upon their request.
Question 6: How can I start the bail bond process?
The Bail Bonds Process all starts once someone gets arrested for a criminal offense and he/she could also be released on bail. The quantity of the bond all depends on the sort of crime committed. The more serious the crime is, the higher the value of the bond is going to be. For instance, murder charges will have a higher bond amount than that of an extreme DUI or DWI. The bond amount is given by the judge.
Question 7: What is the premium and does it depend on what types of bail bonds you are posting?
Premium is the fee earned by the bail agent for writing a bond. This fee is earned once the defendant is released from jail. Since determining income is based on calculating premiums earned, it is crucial to establish in the initial interview as much detail as possible about uncollected accounts. This could include an estimate of the average percentage of uncollected premiums per year and whether any year under examination varied from the norm.
Question 8: How much time has to be taken for processing of bail bonds?
Once you’ve completed all of the paperwork and paid the fees you’ll get the bail within a brief span of your time. Usually, this is often a really short process. You’ve got to offer 10% of the entire bail amount. Your bail bonds company will pay the remaining amount. Read the reviews of the bail bonds companies before hiring them for your bail bond needs.
Question 9: Describe the reasons why everyone should use a bail bondsman instead of paying the cash bonds?
Bail is employed as a performance bond to form sure the defendant returns to court on the required court dates. If the convicted doesn’t appear to the court dates, the bail is forfeited to the bondsman and a warrant for the accused is issued. Cash Bond is the other type bond; this is often when someone pays the whole bail amount with cash. The cash bond used for bail is going to be engaged until your court date.