Wh
at is a Bail
Bond? |
A Bail Bond is a type of surety bond
used to secure the release from custody of a person charged
with a criminal offense. Under such a contract, the principal
is the accused, the obligee is the
government, and the surety is the bail Bondsman.
Most people are familiar with Bail
Bonds. Someone arrested on a criminal charge may be held until
trial, unless they furnish the required bail. The posting of a
Bail Bond acquired by or on behalf of the
incarcerated person
is one means of meeting the required bail. When a bond is
issued, the bonding company guarantees that the defendant will appear in
court at a given
time and place. The Government entity
(state or federal)
in whose court the defendant must appear, is protected by the bond. If the
defendant fails to appear, the bond amount becomes payable and
is forfeited as a penalty by the surety insurer issuing the
bond. Bail Bonds usually require collateral (cash, a deed, or other
property) to protect the surety.
Bail Bonds are issued
by licensed "Bail Agents" who specialize in their underwriting
and issuance. Bail agents act as the appointed
represent
atives of
licensed surety insurance companies.
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Can I finance the bail bond fee?
We
do offer payment plans for those who qualify. We do not
finance, there is no interest.
We accept the following forms of
payment:
1. Cash
2. Visa
3. Master Card
4.
American Express
5. Discover
7.
Personal, Cashier's, or Traveler's Checks
8. Western
Union
9. Electronic Bank Transfers
10. PayPal |
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