Peter Cole
Difference Between Bail And A Bail Bond
Many times do we come across the term “Bail” in our routine lives hearing it on the news, either it is that someone has been released on a bailing amount of so and so, or bail has been posted high enough to prevent it from happening. The repetitive use is what begs the question, what is bail?
What Is Bail?
The legal proceedings of the court areas such that when someone is found guilty upon valid evidence and is under arrest, they are kept in custody until presented to a judge on the nearest possible date. Now for those people who do not want to remain in custody, a bail or a bail bond Fullerton CA can be posted.
Bail is a fixed amount of money, usually quite high, that has to be paid in order for the accused to leave the station after getting arrested. The bail amount acts as insurance and a guarantee for the accused to appear before the judge on the agreed date.
What Is A Bail Bond?
Not all the accused persons are able to pay the amount of bail right away since it is usually quite high. The amount of the bail depends highly on the intensity of the accusation, the stronger the accusation and the greater the crime, the greater the bailing amount.
In order to be able to post bail even without having the equivalent money at hand, the accused can contact a bail bond agent who can provide him with a bail bond. A bail bond is a bond presented in front of the court instead of the bail amount.
The monetary requirement for the bail bond is far lesser, about 10% of the original bailing amount has to be deposited with the bail bond services. For the remaining amount of the bail, the accused has secure a collateral payment method. That is depositing the papers of his house, car, or jewelry that equals the amount in total.
Is The Bail Or Bail Bond Money Refundable?Since the bailing amount is only there to act as insurance for the accused to be presented before the judge at court on the agreed time and date, it is completely refundable once the accused attends as agreed.
Although, 10% of the amount paid for the immediate bail bond gets to be the services fee of the bail bond agent and remains non-refundable. However, the collateral payment that had been kept with the bail bondsman gets to be returned upon the successful attendance of the trial.
by Peter Cole on 2021-08-20 02:13:08
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