The bail bonds process can be a confusing one. Though the goal is to post bail and get out of prison, the process isn’t very straightforward.
If you or loved on is arrested, it’s important to understand how to contact a bail bondsman. Read on to learn more about the process.
What Are Bail Bonds?
A Bail bond guarantees that the bond agency will pay a certain amount of money if the defendant is released from prison. The bond itself guarantees the court that the bondsman will cover the cost of bail if the defendant doesn’t come to court.
How Much is a Bail Bond?
Each local bail bondsman in Glendale, AZ, charges their set fee for bail. With this in mind, the average fee for a bond is typically 10%. While this fee may seem high, it’s important to search for bondsmen that charge a standard fee. Agencies offering lower rates may not always be licensed.
Do I Need Collateral?
The short answer is “YES”. Arizona is a collateral state so to secure (protect) the bond collateral will be required. Collateral can be discussed with your bondsman and can usually be achieved with cash, credit cards, jewelry, vehicles, property and in some cases stocks and 401K’s.
What Happens If I Don’t Go to Court?
If you’re posting bail but fail to show up for out, the police will issue a warrant for your arrest. If you don’t schedule your court date, your Indemnitor will have to pay the whole bail amount. Your Indemnitor is a guarantor of sorts that will take responsibility for paying off the bail should you disappear.
Learn more about bail bonds from Sanctuary Bail Bonds Phoenix at https://www.sanctuarybailbond.com.