Being put to jail for being accused of breaking the law could really be a frightening and at the same time unfamiliar experience, something that we would never wish to experience, again. But thanks to the presumption of innocence in the Universal Declaration of Human Rights, you are innocent until proven guilty and may post for conditional liberty. Fortunately, in some cases, you may be released temporarily until your trial. However, in return, you will be required to provide some sort of guarantee or security so as to assure them that you will return to face the charges against you. This assurance is what we call “bail bond”.
Bail bond is an agreement made between the judge and the defendant in order to obtain the defendant’s release before the court trial. Bail hearings are conducted to determine and agree on the type of bail. A special proceeding is conducted to decide on the bail bond. They are usually in the form of cash, property, or signature bond. There may also be cases where a surety company is involved. In cases where there is surety, the presence of both the surety and defendant during trials are necessary. Information about the sources of fund of the collateral and the financial status of the defendant are considered for other cases of bail bond.
Knowing, studying, and understanding the various kinds of bails available (be it in the form of cash, property, signature bond) once the post or request for bail has been acknowledged. Cash bails include cash, checks, and money orders proven to be obtained by legal means. Real estate and legal assets are among the considered forms of property bonds which the defendant presents as collateral or substitute for the total bail amount. When a defendant is financially not capable of complying with the the bail, he or she may take into consideration paying 10% of the total bail amount to a legal third party company that will take full responsibility of paying for the total bail amount. In some cases, the defendant need not to pay for the bail amount, or present a collateral as a substitute for a bail amount; he only has to come to agreement with the court’s conditions so as to be granted the temporary release or conditional liberty.
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The defendant is obliged to attend all court trials and legal proceedings after the bail has been approved. In case the defendant skips a hearing, the bail bond is considered to be in default. In that case, there are a few options to fix the problem. Unfortunately, once you have tried all the possible options and none has worked out after the statutory period by the court, the bail bond will be forfeited regardless of all possible circumstance.A Beginners Guide To Services