Strolling down the road in a traditional city, one will not discover very many individuals with any data in any respect of the bail bonds trade. As a Ventura Bail Company, we have been on this enterprise for over 40 years and know the trade inside and outside. So we thought we might put collectively a brief record of 4 frequent questions and reply them for you. All solutions are on the subject of the legal guidelines of the state of California.
Query 1: How a lot does a bail bonds value?
Clarification: All firms are regulated by the California Division of Insurance coverage. It’s they who mandate that each bail company cost 10% of the full bail. There are firms on the market that each promote and cost much less and in each cases, they’re working illegally. The one and solely time that an organization can cost much less is that if they make the most of the Prop 103 loophole and cost eight% of the full bail.
So ultimately, you can be charged 10% of the full bail, for instance; say bail is ready at $20,000, you’ll pay the corporate $2,000 to place up a $20,000 bail bond.
Query 2: What forms of bail bonds are there?
Money: that is the place the defendant could have somebody (the signor) take the whole quantity of bail ($20,000) to the courtroom. The courtroom will then maintain on to the $20,000 till the defendant attends all courtroom dates and the case is completed. At the moment, the $20,000 will probably be given again.
Surety: That is the kind of bail while you work with the bail bonds firm. It’s a contract with the corporate who in flip has a contract with an insurance coverage firm who backs all bonds written by the bail bonds firm. So in essence while you bail somebody out, you might be in a contract with an insurance coverage firm for the full quantity of bail.
Property: You probably have property that has sufficient fairness equal to or greater than the full bail, it’s possible you’ll put up a lien on this property and signal it over to the courtroom for bail. When the case is completed, the paperwork will probably be despatched again and the lien will probably be taken off.
Personal Recognizance: The choose could order the defendant out on their very own recognizance which implies that the choose believes that the defendant will make all their courtroom dates with out offering any cash or collateral.
Quotation Launch: The arresting workplace could launch the arrestee earlier than they even go to courtroom. That is known as “cite-out”. The defendant continues to be chargeable for attending all of their courts dates till the case is over.
Query three: How is the associated fee decided A-1 Bail Bonds?
Reply: by the bail schedule for that county or state. Each county and state has their very own bail schedule. This schedule is lots of written materials explaining all of the methods one can break the legislation. There are two varieties; Felony and Misdemeanor and every cost is assigned a code, known as the Penal Code. For instance: PC 243 (three) Home Battery With out Traumatic Harm 20,000. That is principally an altercation between a pair the place the police the place known as. There have been no marks or different traumatic forms of accidents. So in case you are arrested for this, you bail is ready at $20,000. Now, if one of many injures the opposite, the result’s PC 273.5 Home Battery With Traumatic Harm 30,000 and your bail is ready at $30,000.