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Saturday, 19 July 2014

The True Meaning of Bail Bonds

Being arrested doesn't get better with time. A procedure known as Arraignment is done, where a suspect must face a judge after the initial booking and holding cell placement. At that time, the judge will hear the charges and will ask the detainee to enter a plea. If it is 'not guilty,' then there will be a formal trial. This date could be in months or years away, the judge must then decide if the accused person is trustworthy enough to remain out of custody before the trial starts.

In order for the court to get a financial incentive in return, it usually ask for a bail money and it depends on how serious the charges are. For example if a person is charged with murder, he may be given a US $500,000 bail, this means that the person is liable for the said amount and if he fails to appear in the court. Most people cannot afford the amount of the bail, so what they do or their families does is to do a contract with a specialist called a bondsman to arrange for bail bonds.

Go to the San Antonio Bail Bonds for further detail about Bail Bonds.

A bondsman or a bail bond agent is a person or a corporation that acts as a surety and property or pledge money as bail for the appearance of a criminal defendant in the court. Although insurance companies, banks and other institutions are usually the sureties on this types of contracts, for example, to bond a contractor who's under a contractual obligation to pay for the completion of a construction project, such entities are reluctant to put their depositor's or policy holder's funds at this kind of risk involved in posting a certain bail bond. While on the other hand, bail bond agents are usually in the business to cater to criminal defendants, often securing their customer's release in just a few hours.


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