How Do Bail Bond Companies Work?
Do you know someone in Connecticut who is stuck in judicial custody because they cannot afford the full bail amount or gather enough funds from their family and friends? Don’t worry, as the Connecticut Bail Bonds Group would help them out in their hour of crisis. Their bondsmen are available 24/7 to provide professional and immediate assistance to anyone in the jailhouse, correctional facility, or courthouse.
After the judge sets a bail amount, the defendant might seek a bail bond agent for help in the form of a bail bond. A bail bond allows the defendant to be released after paying a portion of their bail to the bail bondsman.
For the rest of the defendant’s unpaid amount, the bail bondsman will require some form of collateral.
How They Work
Bail bond companies sell surety bonds to the defendant as forms of insurance on behalf of the accused, delivered to the court by the bail bondsmen from the bail bond companies. The usual bail bond amount is a small percentage of the total bail.
The bond company sends their bail bondsmen with the amount to the court once a family member or a friend of the person in trial agrees to put up collateral like the deed of their house, car, or any other asset owned by the accused.
Also, most bail bond companies have a proper screening process that enables them to turn down history sheeters, people with flight risks, and other such factors that might affect their business or reputation.
How Do They Earn
The percentage that the defendant pays to the bail bondsmen is non-refundable, and they claim that as a fee for the service they provide to the accused. Apart from this, if the defendant fails to appear in front of the court, the bail companies might seek recompensation from the defendant’s guarantor or their immediate family member for the bond amount.
However, the bail bond companies also ensure that if the defendant fulfills their obligations with the mandated visits to the courthouse, the bail bondsmen would release the collateral and terminate the contract successfully.
What Does A Bail Bondsman Do
The bail bonds company usually hires bail bondsmen, or sometimes they could be the owners themselves. To be a bail bondsman, one has to be above 18 years of age with a minimum GED or high school diploma. Once they have fulfilled this prerequisite, they have to complete a pre-licensing course and get certification for the state licensing program that enables them to practice their service.
Once they are certified, they can work as a bail bondsman for a bail bond company, establish contacts, or start a bail bond company of their own.
The bail bondsman also has to ensure that if the defendant cannot pay the entire bail amount or becomes a fugitive, they would have to confiscate the assets belonging to the defendant. Some bail bondsmen also work for the state or the bail bond companies to find defendants who tried to flee or did not honor the bail bond contract.
What Services Do Bail Bond Companies Provide
Bail bond companies provide different types of bonds for pre-trial releases- general bonds, federal bonds, and immigration bonds.
General bonds are for a wide variety of crimes ranging from minor felonies to homicide crimes. The defendant pays about 10 percent of the bail amount to the bondsmen.
These bonds are usually licensed by state governments.
Federal bail bonds are issued for federal criminal defendants. These bondsmen ensure that the defendant appears in the court and fulfills the pre-trial terms dictated by the state that include drug tests, welfare checks, and business activities, among others. For this type of bail bond, the bondsmen must become familiar with State laws and Federal laws.
Immigration bail bonds are issued for defendants stuck in immigrants detention facilities. They are usually high-risk bonds since immigrants might consider fleeing the state than facing imprisonment.
These bonds usually have a higher bond fee amount than surety bonds or federal bonds. However, experienced and reputed bail bonds companies are quite adept at handling such situations.
With a bail bond company, defendants who cannot afford a bail bond to release themselves have the ease of paying them off in small installments while staying out of jail at the same time.
Understanding their options and carefully selecting a bail bond agent is vital. Bail bond companies lay out those options for the defendant and offer legal advice to the defendant to help them make an informed choice. Defendants or their representatives must have a detailed discussion with their bail bondsmen.
You can visit our website for more information or get in touch with our representative for any issue.
