When a person lands him or herself in jail, their first thought is often about how they are going to get out. While circumstances may prevent certain activities, the most common “get out of jail” card is by posting bail or having someone else post one’s bail. In the most basic terms, bail is a physical security that ensures a court the offender will appear at his court date. Typically, bail is posted in the form of cash, property, or more commonly, as a bond. If the offender does not show up in court, the court system keeps the bail and an arrest warrant is issued. Bail amounts are set on a case-by-case basis. However, the act of receiving a bail bond is relatively universal.
In the realm of bail and bonds, many become confused. There are two distinct differences and similarities between the two. Bail is a cash payment paid by an offender to the court system. A bond is a pledge given by a bondman, such as Faroy Bail Bonds, to pay if the offender does not appear in court. By “posting bail” a suspected offender either pays the bail in-full or delivers a bond. For example, instead of paying bail in cash, a suspected offender may pay any Jail Bail Bonds Ft. Lauderdale.
Generally, a bail bond is secured by a non-refundable deposit. This deposit is roughly 10% of the total bail amount. Therefore, if bail is set at $4,500, the suspected offender must pay $450 to a bondman. This deposit is regarded as a “fee” for a bondsman service. Unlike cash bails, which offer full-reimbursement at the end of a trial, the 10% fee is never returned. If the suspected offender appears in court, no further action is required. However, if he does not appear, he fails to meet the requirements of the bond. Therefore, the bondsman is required to pay the full bail amount. To ensure the bondman does not lose money, collateral is typically required to secure a bond. Examples of collateral include: houses, boats, jewelry, credit cards or anything else with a significant monetary value. If the bondman is required to pay the full bail on behalf of a suspected offender, he utilizes the collateral as payment. Jail Bail bonds Ft. Lauderdale are available by physical bail bondsman or via a digital service. However, to receive the highest attention to detail and security, a local bondsman is recommended.
