A person can be arrested for any unlawful act that may range from mild to severe. Once a person finds himself in custody, his first endeavor is to get himself out of jail. It can be achieved through a bail. The bail can be in the form of cash, bond or even property which the defendant gives to the court as a punishment as well as a security deposit for his freedom. If the terms and conditions of the bail bond are not adhered to, it may be revoked and the defendant can be arrested again.
How is a bail set?
The court sets a bail bond on the basis of the severity of the crime. As defendants often want to get the bail as fast as possible, most courts have some standard bail set for common crimes. The accused person can pay the specified amount and get released from jail. If the payment is beyond the affordability of the defendant, he can appeal for a lower bail amount, but it needs to be approved by a special court hearing in the presence of the suspect. It is referred to as the arraignment. The defendant himself can place the request for bail or somebody else, i.e., a bail bond company can also get the wheels moving on his behalf.
Requirements for bail
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Certain conditions must be fulfilled when submitted legal documents so that the bail can be approved and granted. They are –
- Bail bonds premium
If the bail bond company similar to Breaking Bad Bail Bonds or Post Bail By Phone is posting a request for bail on the defendant’s behalf, then the defendant would first need to pay the company a premium and become the indemnitor. The premium is the amount that the company charges for its services as well as the financial risk that it undertakes on behalf of the defendant. The premium amount can be paid in cash or through any credit card or any other financial instrument.
The most important document that needs to be provided is the Authority Bail Bond. It must have the defendant’s current address, driver’s license number, social security number and all legal identifications that the court asks for. The bare minimum requirement is about fourteen legal documents that must be furnished after filling them up and signing them.
Apart from this, the defendant also needs to provide additional information to the bail bond company. It includes names of minimum four family members, work address, three authentic references, etc. It is because if the defendant fails to appear in court due to any reason, the bail bond company would need to pay a handsome amount to the court.
- Collateral and good credit
Sometimes the defendant has a poor credit score or is jobless. Along with this, several other factors are also present which makes it evident that he may not be able to pay off the debt or bail amount. In that case, collateral is required that is usually about 10 percent of the bail amount. It can be in cash, property or any other kind. However, if the indemnitor has a good credit score, then the bail amount till $10,000 does not require any collateral.