Bail is the temporary release of an accused person awaiting their court date. This release is secured by a sum of money that is lodged to guarantee their appearance in court. Bail is refunded once the defendant appears to all of their court dates.
A bail bond is an agreement between a defendant to appear for his or her court date. People usually cannot afford their bail amount. As a result of high bail amounts, people often hire a bail bondsman to help get released. A bondsman charges a nonrefundable fee up to 15% of the total bond. A bondsman becomes responsible for the full bond amount if the defendant misses their court date. If the defendant appears to all of their court dates the bond is exonerated.
A co-signer is a person who agrees to become financially and legally responsible for making sure the defendant is in attendance for every and all court dates. This person has the duty of making sure the defendant has a transportation to court and abides by the bond requirements. This person would become financially responsible for the total bond amount if the defendant failed to appear in court. If the Indemnitor fails to uphold their promise they would face legal consequences.
Collateral is something pledged as security to help pay the bond if the bail bond is forfeited. Collateral is not a substitute for a bail bond premium. An indemnity agreement, cash, and real estate are the common forms of bail bond collateral. Collateral is refundable and its sole purpose is to secure the bond. Collateral is only lost when its used to pay the total bail bond if it has been forfeited and has become due. (For example, on a $50,000 bond we may require a cash deposit or a Deed of Trust on top of a 10-15% premium.)
A premium is another way of saying bail bond fee or what we charge for our services. We charge between 10-15% of the total bond. Financing is available in some situations but a down-payment is required. (For example, if the bond is $1,000 we could charge up to $150 or 15%. Or if the bond was $100,000, 10% would be $10,000, etc....)
Yes. We require a co-signer in just about every situation.
-While out on bond one must follow and comply with all requirements. Such requirements could include: weekly check-ins or electronic monitoring. One may have their bond revoked if they do any of the following:
All of our agents treat everyone with respect and try to help everyone we can. We take every call case by case and without judgment.
One should note that every situation is different and situations vary county to county. Once the person in custody reaches the jail they go through jail in-processing. During this time you would do fingerprints, mugshots, and see the magistrate. Once you see the magistrate and are given a bail amount you would become eligible to be bonded out. This intake process usually takes 3-5 hours. Once you are given your secured bond you are able to call a bail bondsman to post your bond and release you from jail.
We are a North Carolina bail bond company serving all 100 counties. We specialize in the much Greater Charlotte NC area such as: Union, Cabarrus, Rowan, Gaston, and Mecklenburg counties.
We are always open and have a team of on call agents 24 hours a day. We are open 365 days a year including holidays to better assist you and your loved ones.
Give us a call and we will set up a time to meet you and your co-signer at the jail or office. While the bondsman and co-signer do paperwork; you would turn yourself into the sheriff to be served the warrant. Having a bondsman on standby before going to jail helps speed up the release process.
If you miss court, don't freak out and go on the run! Simply call your bail bondsman and explain your situation. We would happily help you and walk you through the process of turning yourself in and bonding you back out.
When this happens, its your job to help the bail bondsman locate and get the defendant back on the court calendar. You have a contractual duty to help in this situation to avoid being responsible in paying the full bond amount. Once the defendant is rearrested or the warrant is recalled or squashed the bond forfeiture is over. If the co-signer refuses to help or the defendant simply cannot be located the co-signer would be financially responsible for the full bond amount