Statistics show that 52% of American men will be arrested at least once in their lifetime. This could be for a variety of reasons, including misdemeanor crimes or felonies. Each of these crimes carries different punishments and may require some amount of jail time. A person who is arrested will have to have a court date set and then will have to await their trial. This can be a lengthy process and many do not want to wait inside of a jail cell, especially when they feel that they will be found innocent of the charged crime. This is where the right to a bond release is helpful. All citizens have the right to be released on a bond amount to await their trial and their ruling of punishment. The bond may be set at different amounts and may vary, depending on the type of crime that you are being charged with.
A bail bond agency is where most people get their bond money from. Most people do not have the funds available to set their own bail. The bail is a set amount that will be given back, just as long as the person shows back up for court on their set court date. A bail bondsman is someone or a company who is willing to take that risk. They may charge a small fee, but will also ask for some type of collateral and will personally seek you out if you do not return for your set court date.
Felony criminal bonds are common because they are the most expensive type of bonds. Bail bonds that are misdemeanor bonds do not carry as much risk and the person is not at risk of higher jail time, so the amounts are lower. Many more people may be able to afford misdemeanor criminal bonds over felony criminal bonds. Findings by the Bureau of Justice Statistics show the number of people who need money for bail has gone up 30% between 1990 and 2006, which was the last year bail statistics were released. So the chances of needing to be bailed out or helping someone else get out of jail may not be as slim as you think.
Since felony criminal bonds carry the most risk, a bail bondsman company may require more in terms of collateral. They may ask you to put your house or bank accounts up, ensuring that they have a way of getting their money back in the case you do not attend your court date. They may also ask for close relative?s information so they can seek them out if they are unable to find you. Either way, the felony criminal bonds company will make money out of the deal with the bail bond fee that they charge. In exchange for posting a bond, the bail bondsman charges a non refundable fee. Usually it is 10% of the amount of bail. By using a bondsman, the accused gets out of jail for much less than the full bail amount, the 10% fee. But, the downside is the fee is non refundable. It is simply the cost of borrowing the money. If you have the funds available for your own bond, it may be more beneficial to put up your own bail.
Many people will, unfortunately experience the arrest and trial process. They will be given a court date at a later time and will have the choice to remain in jail until that date comes, or to put up bail to wait the time outside of jail. If you do not have the funds available, a bail bondsman is available to provide the funds to you for a small fee.