Bail Bonds FAQs :
What is a Bail Bond?
It is a bond acquired from a licensed bail bondsman to achieve the release of an arrestee from custody. A bail bond guarantees to the court that the defendant will show up to al court appearances. If defendant fails to appear, the bond will be forfeited and the bondsman will be responsible for the full amount of the bond.
How much does it cost to get a bail bond?
The California legal state mandated premium is 10% of the bond amount. For example, to get a $10,000 it will cost $1,000. There are not any hidden fees when it comes to bail bonds, and a bail agent is not allowed to charge over or under the mandated 10%. However, bail agencies may arrange for a down payment and a payment plan if the full 10% is not available.
What is Collateral?
In general, collateral is an asset used to guarantee the validity of a loan or to ensure timely payment.In the bail bonds industry, the case is a little different. A bail agency may at times require collateral to approve some bonds. The collateral will be used for the purpose of guarantying court appearances and timely payments if needed. Collateral is to be returned upon providing proof of bond exoneration. Collateral may be in the form of cash, real estate, or any asset of steady value.
Who sets a bail amount, and how it is set!
Bail amounts are set by local judges in each county. Bail amount may differ from one county to another. Bail amounts also may vary accordingly with the frequency of the violation and the criminal history if any.When a violation occurs, a jailer will designate the bail amount based on the charges provided to him from the arresting officer.
What payment options are accepted for a bail bond?
At Sunrise Bail Bonds Redondo Beach we accept cash, check, cashier check or credit card(s). You also may arrange for a payment plan in case money is not available immediately in full.
How do I know I am dealing with a trust worthy bail agency?
Most bail bonds agencies are legitimate and state licensed, however, there are many people who act as bail agents for purposes of scams and false soliciting. To avoid scams and to make sure you are in safe hands, you may ask for the agent's full name or license number and verify them using the Department of Insurance website. Also make sure to ask your bail agent to present his state issued bail agent license at the time you see him.