How Does The Bail Bond Process Work?
Do you know what a bail bond is? It is an agreement between one or more persons together with a bail agent.
This
agent is will agree to pay the amount of the bail bond in which the detainee get released in prison as...
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How Does The Bail Bond Process Work?
Do you know what a bail bond is? It is an agreement between one or more persons together with a bail agent.
This
agent is will agree to pay the amount of the bail bond in which the detainee get released in prison as well as
promises that the detainee will appear in court when the hearing takes place.
Having this type of agreement does not come easy.
The bail bond agent is backed by banks, companies and even
insurance companies that the detainee or defendant have to sign as well as the ail bond agent as a representative to
these organizations.
This agreement has sufficient amount of cash to cover the total amount of the bail if in any
case the defendant fails to appear in court during ht e hearing.
Only the person who was given the license by the
State Department of Insurance can post a bail bond.
These bond companies charges 10% of the total bail amount in return for their services.
This amount cannot be
negotiated since it has been standardi
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