Bail (or surety) bonds allow a defendant to remain free until their court date, and it provides the courts with financial incentive for them to appear at the scheduled time. For a defendant to be released before arraignment, a signer (or indemnitor) pays the bondsman 10% of the total bail amount.
When a bail bond is posted, the indemnitor, the bonding agency and the insurer are essentially guaranteeing that the defendant will appear in court as promised. Bail bonding agencies offer a valuable service to the public–bonds can sometimes be several thousand dollars, and most cannot afford to pay the entire amount.
How Much is a Bail Bond?
In most states, the law stipulates that bail should be a minimum of 10% of the total amount. For instance, if a defendant’s bail is set at $50,000, it will cost $5000 to get them out of jail via a bail bond. Vaughns EZ Out Bail Bonds will not charge interest fees, taxes, or add any hidden charges to the bail bond’s cost.
What Types of Bail Bonds are Available?
Surety bonds are used when a defendant’s bail is too high to be paid in cash.
Property bonds allow the court to put a lien on a piece of property equaling the bail amount. The process can be long, and it is essentially the same as putting a home into escrow. If the defendant does not appear in court, foreclosure proceedings are initiated.
Cash bail occurs when the entire bail amount is paid at once. When the defendant fulfills their legal obligations and the bond is exonerated, the full bail amount is returned (less administrative fees). Cash bail return can take a substantial amount of time, and Bail Bonds in Weatherford, TX are the easiest and fastest way to get someone out of jail.
After the Bond is Posted
When a bail bond is posted by the bondsman, the defendant is released. They are under the scrutiny of the bail bond company until all court dates are completed and the bond is exonerated. Once those things take place and all fees are paid, the indemnitor and the defendant have no further liability to Vaughns EZ Out Bail Bonds.