15 Best Pinterest Boards of All Time About Bail Bonds in Los Angeles
What Is a Bail Bond?
A bail bond is an settlement by a legal defendant to look for trial or pay a sum of money set by the court. The bail bond is cosigned by a bail bondsman, who fees the defendant a payment in return for guaranteeing the fee. The bail bond is a type of surety bond.
The industrial bail bond system exists only within the United States and the Philippines. In other countries, bail might entail a set of restrictions and situations placed on legal defendants in return for their launch till their trial dates.
·A bail bond cosigned by a bail bondsmen is posted by a defendant in lieu of full payment of the bail set by the court docket.
·The bail bond serves as surety that the defendant will appear for trial.
·Judges usually have broad latitude in setting bail quantities.
·Bail bondsmen generally cost 10% of the bail quantity up entrance in return for his or her service and may charge extra fees. Some states have put a cap of 8% on the quantity charged.
·The bail system is widely considered as discriminatory to low-earnings defendant and contributing to the mass-incarceration of younger African-American men.
How a Bail Bond Works
A person who's charged with against the law is often given a bail hearing before a judge. The quantity of the bail is on the decide's discretion. A judge may deny bail altogether or set it at an astronomical stage if the defendant is charged with a violent crime or seems more likely to be a flight threat.
Judges generally have large latitude in setting bail amounts, and typical amounts vary by jurisdiction. A defendant charged with a nonviolent misdemeanor may see bail set at $500. Felony crime fees have correspondingly high bail, with $20,000 or more not unusual.
The industrial bail bond system exists solely in the Helpful resources United States and the Philippines.
Once the quantity of the bail is about, the defendant's choices are to remain in jail till the fees are resolved at trial, to arrange for a bail bond, or to pay the bail amount in full till the case is resolved. In the last occasion, courts in some jurisdictions settle for title to a home or other collateral of worth in lieu of cash.
Bail bondsmen, also known as bail bond brokers, provide written agreements to criminal courts to pay the bail in full if the defendants whose appearances they assure fail to seem on their trial dates.
Bail bondsmen usually charge 10% of the bail quantity up entrance in return for their service and will cost further fees. Some states have put a cap of eight% on the quantity charged.
The agent may require a statement of creditworthiness or could demand that the defendant flip over collateral in the form of property or securities. Bail bondsmen typically accept most property of value, together with automobiles, jewelry, and homes in addition to stocks and bonds.
As soon as the bail or bail bond is delivered, the defendant is launched until trial.
The Disadvantages of the Bail Bond System
The bail bond system has become a part of the larger debate over mass incarceration, particularly of younger African-American males, in the U.S.
The bail bond system is considered by many even within the legal profession to be discriminatory, because it requires low-revenue defendants to stay in jail or scrape collectively a 10% money charge and the rest of the bail-in collateral—even earlier than they stand trial for any crime. PrisonPolicy.org says that about 536,000 persons are being held in jails in the U.S. as a result of they can't afford bail or a bail bondsman's companies.
4 states together with Illinois, Kentucky, Oregon, and Wisconsin have outlawed bail bondsmen and as a substitute require a ten% deposit on the bail quantity to be lodged with the court docket. In 2018, California voted to eliminate cash bail requirements from its court system.