When someone is arrested and taken to jail, one of the first things that happen is a bail hearing. Bail is a sum of money that the accused pays to the court in order to be released from jail until their trial. Bail bond companies help people post bail by issuing a bail bond, which is essentially an insurance policy that guarantees the accused will show up for their trial.
Judges often use a bail schedule to establish the bail amount for each type of offense. The bail schedule is a list of bail amounts for different crimes. Bail bond companies typically use the bail schedules from the counties where they do business. The judge will also consider the severity of the crime, the defendant's criminal history, and whether they're a flight risk when setting bail.
Bail bond agents post bail on behalf of their clients. The agent will usually charge a fee, which is typically 10% of the bail amount. The bail bond agent will also require collateral, which is any property that can be used to cover the full bail amount if the defendant doesn't show up for their trial. This could be anything from vehicles to jewelry, even property in some instances.
There are many benefits to bail bond companies. First, bail bond companies help people who would otherwise not be able to afford bail to get out of jail. Bail bond companies help ensure that defendants show up for their trial. This is important because if defendants do not show up for their trial, they may be subject to a warrant for their arrest. Finally, bail bond companies provide a service that is convenient and easy to use. Bail bond companies bail out roughly 2 million people every year, according to American Progress.
When looking for a bail bond company, it's important to find one that's reputable and has a good track record. One way to do this is to ask for recommendations from friends or family members who have used bail bond companies in the past. You can also search online for bail bond companies in your area. If you find yourself in a situation where you're unable to make bail, call us today at Texoma Bail Bonds. Our team of professionals is ready to help you.
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