Bail is money owed to court in order for a defendant to be released from jail. The amount owed depends on the crime that the defendant is being accused of, any prior criminal record that he or she has, and their financial ability to pay for bail. Bail is set considerably high to encourage the […]
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When looking into getting a bail bond, you might come across the term collateral and wonder what it means. Companies use collateral like insurance. If the defendant is compliant with all the terms of the bail bond, then the collateral is returned back to the original owner. If the defendant fails to make payments on […]
A co-signer is very important for a bail bond. This person is making a promise that the defendant he or she is bailing out, will go to all assigned court appearances. On top of that, the co-signer is paying for the bail bond, and the payment plan greatly depends on the co-signer’s financial situation. Did […]