When you have been arrested and taken to jail, your first thought may center on how to get out of jail quickly. You do not want to sit in a cell for a minute longer than necessary. You want to return home to your friends and relatives. However, when you lack cash and credit, you might not have the money to satisfy your bail amount. You could instead secure your release until your court date by applying for and securing surety bonds.
The bond required to get you out of jail is usually around 10 percent of your bail amount. You will need to pay this amount in cash before the jail can release you and allow you to go home. Getting a bond is itself a legal arrangement that you must abide by carefully if you want to avoid being arrested. The company that puts up the money for you will require you to sign a legally binding contract first.
The contract stipulates in part your obligation to go to all of your court appearances. You may have to show up in court for an arraignment hearing, which will be the time when the court will formally charge you. Your next appearance will be either for your trial or your sentencing hearing depending on how you plea. You have to show up on these dates according to your contract.
Skipping out on these dates after your bond has been posted is a criminal act called jumping bail. It means that you have absconded from both your obligation to the court and to the bondsman. The bondsman can in turn ask the court to issue a warrant for your arrest and then pursue you until you are caught and jailed on a jumped bail charge.
Obeying the terms of your contract typically is not difficult or too much to ask given your legal situation. Your attorney, if you choose to hire one to take your case, may even be able to arrange for the bondsman to come to the jail immediately after your arrest and arraignment. You might only have to spend a few hours there.
The cash may not be fronted without some type of collateral, however. Larger bond amounts typically need to be secured either with a house or car. You can also secure it with your earnings by agreeing to have a levy attached to them if you do not make your payments on time or if you skip out on bail. The assets will be liquidated or levied to pay the fronted cash amount.
Once your fate has been determined in court, you can then pay off your bond amount in monthly payments. If you are jailed, your relatives or friends may have to settle the account for you. You also could liquidate the asset that you used for collateral to secure the money.
Paying the full bail amount can be too costly for many people. When you find yourself in this situation, you could instead raise the cash the same day by applying for and getting a bond. This amount typically will equal 10 percent of the bail amount and be used to secure your freedom from jail.
The bond required to get you out of jail is usually around 10 percent of your bail amount. You will need to pay this amount in cash before the jail can release you and allow you to go home. Getting a bond is itself a legal arrangement that you must abide by carefully if you want to avoid being arrested. The company that puts up the money for you will require you to sign a legally binding contract first.
The contract stipulates in part your obligation to go to all of your court appearances. You may have to show up in court for an arraignment hearing, which will be the time when the court will formally charge you. Your next appearance will be either for your trial or your sentencing hearing depending on how you plea. You have to show up on these dates according to your contract.
Skipping out on these dates after your bond has been posted is a criminal act called jumping bail. It means that you have absconded from both your obligation to the court and to the bondsman. The bondsman can in turn ask the court to issue a warrant for your arrest and then pursue you until you are caught and jailed on a jumped bail charge.
Obeying the terms of your contract typically is not difficult or too much to ask given your legal situation. Your attorney, if you choose to hire one to take your case, may even be able to arrange for the bondsman to come to the jail immediately after your arrest and arraignment. You might only have to spend a few hours there.
The cash may not be fronted without some type of collateral, however. Larger bond amounts typically need to be secured either with a house or car. You can also secure it with your earnings by agreeing to have a levy attached to them if you do not make your payments on time or if you skip out on bail. The assets will be liquidated or levied to pay the fronted cash amount.
Once your fate has been determined in court, you can then pay off your bond amount in monthly payments. If you are jailed, your relatives or friends may have to settle the account for you. You also could liquidate the asset that you used for collateral to secure the money.
Paying the full bail amount can be too costly for many people. When you find yourself in this situation, you could instead raise the cash the same day by applying for and getting a bond. This amount typically will equal 10 percent of the bail amount and be used to secure your freedom from jail.
About the Author:
If you are searching for information about surety bonds, come to our web pages today. More details are available at http://www.ifbinsurance.com/bond-product now.
No comments:
Post a Comment