In a perfect world, if a crime even occurred and someone was arrested for it, the trial would be short and sweet; hear both sides of the story, sentence or acquit. However, the world is not as rosy and trials in the current American legal system often take weeks, even months. As a result, the defendants, some of whom may be innocent, have to cool their heels in jail until the moment of truth. Not only may the consequence be financial hardship but also extreme mental trauma and missing out on social life and personal well-being. Bail is one such escape from this period of wait and misery before a trial.
In many cases, America’s law courts accept bail as a financial assurance in exchange for releasing the defendant until the trial is complete. The judge takes into account several factors, including the severity of the alleged crime and the defendant’s criminal record, while granting bail and the setting the amount of it. If bail is granted, the document containing details of it is known as a bail bond and is signed by a bail bondsman, a person who undertakes the guarantee that the defendant will appear for all his hearings. If the defendant jumps bail, the bail bondsman must pay from his own buildup fund.
However, when the bail bond is upwards of $75,000 – $100,000 or more, then the insurance company backing the bail agency requires that property with at least the bail amount of equity in the property be leaned until the case is over. For example, if the bail is $100,000, then $100,000 in equity must be in the property. So the term “No Collateral Needed” is false advertising.
The term O.A.C. means “On Approved Credit”. Some bail bondsman require that your credit score be above 700 if you are going to be a cosigner. However, in the end, it will not matter if your score is 600, 700 or 850. It depends on how much of a down payment you have and how soon you can payoff the debt to the bail bondsman. If you will not pay, bail agents are known to have the most aggressive & rude collection companies and will not hesitate to take you to small claims court if you are only 30 days late! (or call you at 3am)
Reason #3 – To protect them from more dangerous criminals and prisoners. Being a career criminal is a full-time job for scores of people in the community. Many should never use a bail bondsman be bailed out even if they have the money and/or collateral. They commit violent crimes and are a danger to society both in and out of jail. Most have been arrested several times and can’t afford to bail out of jail. They especially aren’t happy while sobering up behind bars coming down from their latest high. If it’s your first time being arrested and booked as a defendant, these are not the friends to want to meet in a cold dark jail cell.
Learn more about San Diego Bail Bonds. Stop by Ambrelak Guzhini’s site where you can find out all about Bail Bonds San Diego and what it can do for you.