Bail, Bonds, And Bond Agents

A bail bond, document guaranteeing appearance of a defendant or forfeiture of a set amount of money

, called bail.

Bail, in law definitions, is obtaining the release from custody of a prisoner by depositing a security to guarantee the prisoner's surrender to proper legal authorities at a given time. The security itself is termed bail or bail money. A bail bondsman is the person to be approached in such circumstances.

A prisoner may be released on bail at the discretion of the court having jurisdiction over the case. In criminal cases, courts may grant or deny bail depending on the severity of the charge. Bail is often denied in cases of homicide. When bail is allowed, it is set by the court. The 8th Amendment to the U.S. Constitution prohibits setting excessive bail. Should the prisoner fail to appear at the required time, the bail bond is automatically seen as forfeited.

Bonds, in technical definitions, can be classified as conditional or unconditional. Unconditional bonds, also called investment bonds, guarantee payment at a specific time, known as maturity. These bonds are sold to investors by governments and businesses to raise money. Somewhat like an insurance policy, conditional bonds promise payment only if a specified event occurs or fails to occur. Most conditional bonds are issued by a surety company, which promises to pay a predetermined sum if the bond is forfeited.

There are several types of bail bonds. Immigration bonds affect people charged with crimes that involve foreign nationals. Immigration bonds are extremely complicated and usually involve a great deal of risk on the part of the bondsman, and are generally more expensive and difficult to obtain. This type of bail bond is offered by Against All Odds Bail Bonds. Si usted necesita a un fiador de la libertad bajo fianza, llamar Against All Odds of Tampa Bay.

Federal bonds are used when a person is accused of a federal crime. Federal bonds are usually more expensive than other crimes, so having a good bail bondsman can make a huge difference and save you a lot of money. Surety bail bonds involve a number of contracts with a bail agent that contains stipulations for release, such as drug treatment programs. Bonds of this type usually require some form of collateral for the bail amount.

Some people choose to simply pay cash for their bail, but this can use up important money that can be better used for other immediate purposes, even though it is returned eventually. A bondsman rarely recommends this type of bond because it gives you less control over your money.

In some jurisdictions courts allow property to be used for bail. The only thing is, the property often has to be twice the value of the imposed bail. The procedure is also very tedious with so many forms to fill and file, including documents outside of the court.

Employing the help of a bail agent should be done with caution. Ensure that your bondsman is capable of covering the total cost of bail before signing any contract.

by: Businesslocallistings Tampa

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