What is a Bail Bond? Get the Basics On How They Work

What is a Bail Bond?We’ve covered many different topics on this blog, but one question we’ve never answered is: What is a bail bond? In today’s blog post, we’re going to look at the simplest of questions, but one that isn’t often answered well. If you have a loved one in jail, call Bail Bonds Toledo Ohio to obtain a quick release so they can get back home where they belong.

First, Let’s Discuss Bail

Before we can even begin talking about bail bonds, we need to understand bail. When a person is arrested, the court sets an amount that must be paid in order for them to be released before their trial. Otherwise, they’ll sit in jail until their hearings. The purpose of bail is to insure that a defendant has incentive to return to court to face justice. In some cases, the court releases a defendant on their own recognizance, meaning they don’t have to pay a fee to be released. This is only done in rare occasions when the alleged crime they committed was very small, and they are generally trustworthy. Otherwise, bail amounts are decided on by bail schedules (a set guidebook for determining bail based on the type of crime allegedly committed), and by the judge at a bail hearing.

Ways to Post Bail

There are a few ways that bail can be posted. One of the most common ways is by posting a cash bail – this means that the person posting bail must come up with the entire amount, in cash. This is paid to the court, and held until the completion of the criminal case, when it will be returned (as long as the defendant doesn’t skip bail). Another way to post bail is by posting property as collateral – if the defendant skips bail, the court can foreclose on the property in order to cover bail. Obviously, these two options have some problems, which is why bail bonds are a great option.

What is a Bail Bond?

Bail bonds are one of the most convenient ways to bail someone out of jail. When bail bonds are chosen, a bail agent is contacted, and a contract is drawn up. Someone must co-sign the documents, and pay a small fee (usually up to 20% of the full bail amount, depending on the state). In return, the bail agent issues a bond to the court, promising to pay the full amount should the defendant skip bail. The answer to the question: What is a bail bond? Is – a great way to get friends and family members out of jail for a good price.

Loved one in jail? Call Bail Bonds Toledo Ohio for fast bail bonds!

 

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