Yes. He put his moneyup for you, didn't he? In simple terms you 'rented' his money for your cash bond, for which he is entitled to payment for the length of time he had it 'at risk.'
A bail bondsman picks up the prisoner and drives him to the bail bond office. When is revoked and the defendent is sent back to jail, the bond fee has to be paid due to the defendants violations of the stipulations in the contract of the bond or due to engaging in illegal activities while out on bond.
You lose the ENTIRE bail amount (i.e.: if the bail was $10,000 and you put up $1,000. you will lose the entire $10,000.). The money bond was an insurance policy that the person show up in court. If they left you holding the bag..... too bad. Now you know why bailbondsmen hire bounty hunters. ------------------------- It depends on the type of bail the court requires the defendant to post. In most cases, the type of bail that requires a defendant to post 10--15% of the bond is called a corporate surety bail bond. In this case, the defendant pays the bail bond company 10--15% of the bond amount and, in return, the bail bond company insures the defendant's appearance in court for all hearings and trial. The bail bond company does not actually provide the court officials the amount of the bond; it merely guarantees the defendant's appearance. If the defendant "skips out" and fails to appear, the bail bond company will have to pay the bond amount to the court. Recently, courts have allowed some defendants to pay a percentage of the bond amount directly to the court in lieu of obtaining a corporate surety bond. So, if the bond amount set by the court is, say, $10,000 and the usual percentage is 10%, the court will accept $1000 cash in lieu of a corporate surety bond. If the defendant fails to appear, he or she loses the cash they provided as bail. If the defendant makes all required appearances, the money is usually refunded one the case is adjudicated.
agente secreto.
An XR bond is a bail bond type used by the Marion County Indiana Superior Courts. The XR bond is a split (or hybrid) bond consisting of a commercial surety bond posted by a bail bondsman and a 10 % personal recognizance bond.As an example lets say the court orders a $10,000 XR bond. In order for the bond to be posted a bail bondsman must post a $5000 surety bail bond (charging $500) and someone (it can be anyone) must post a $5000 personal recognizance bond by depositing 10% ($500) directly with the court.Once the case is disposed of, the court will return all or a portion of the cash deposit after fine, costs and fees stemming from the case are deducted.
You put up property or pay the amount of cash required. If you show up for your court date, you get your money returned to you. If you have to hire a bailbondsman, he keeps a certain percentage of the amount as his fee. If you do not appear your bail is forfeited and you are arrested.
A bail bondsman can ask the court to revoke a bond, but the judge alone has the final say whether a bail bond may be revoked.
"Enlace", as in chemical bond"bono, obligacion; titulo de la deuda" = commercial bond
A bail bondsman or bail bond company is an individual or company that is licensed by the state to provide corporate surety bail bonds in criminal cases. A licensed bail bond company enters into an agreement with the defendant and the court. The defendant pays the bail bond company a fee, usually 10--15% of the bond amount set by the court. The bail bond company agrees to pay the court the amount of the bond if the defendant fails to appear for trial at any point that he is out on bail. The bail bond company does not actually provide the bond amount unless the defendant fails to appear. Sometimes the court will require that a defendant obtain a corporate surety bail bond even if he has the assets to put up for bail. This is usually done when the defendant has access to a considerable amount of assets, say proceeds from an illegal activity, and the court wants a third party to guarantee the defendant's appearance. Bail bond companies don't like to pay bonds when their clients "skip" trial, and will pursue the defendant relentlessly. For that reason, some judges will order a defendant held pending establishment of a corporate surety bond. Also, most bail bond companies don't actually have the funds on hand. They are financed by finance companies who specialize in providing such bonds. If the defendant fails to appear and is declared a fugitive, the financing company is the one who actually provides the funds. However, the bail bond company is still obligated to the financing company. If the amount of bond is high, most bail bondsmen will require the defendant, or someone willing to assist the defendant, to put up an asset as collateral. This quite often is real estate, in which case the defendant mortgages his property to the bail bondsman. In some jurisdiction, the court will allow the defendant to pay to the court the usual percentage in lieu of obtaining a bond. So, if the court sets the bond amount at, say, $10,000, the defendant can pay the court $1000 cash in lieu of obtaining the bond. In most cases, the defendant receives a refund of the cash amount once his case has been adjudicated. This usually only happens when the risk-of-flight of the defendant is considered minimal.
It is called a corporate surety bail bond. A licensed bail bond company enters into an agreement with the defendant and the court. The defendant pays the bail bond company a fee, usually 10--15% of the bond amount set by the court. The bail bond company agrees to pay the court the amount of the bond if the defendant fails to appear for trial at any point that he is out on bail. The bail bond company does not actually provide the bond amount unless the defendant fails to appear.Sometimes the court will require that a defendant obtain a corporate surety bail bond even if he has the assets to put up for bail. This is usually done when the defendant has access to a considerable amount of assets, say proceeds from an illegal activity, and the court wants a third party to guarantee the defendant's appearance. Bail bond companies don't like to pay bonds when their clients "skip" trial, and will pursue the defendant relentlessly. For that reason, some judges will order a defendant held pending establishment of a corporate surety bond.Also, most bail bond companies don't actually have the funds on hand. They are financed by finance companies who specialize in providing such bonds. If the defendant fails to appear and is declared a fugitive, the financing company is the one who actually provides the funds. However, the bail bond company is still obligated to the financing company. If the amount of bond is high, most bail bondsmen will require the defendant, or someone willing to assist the defendant, to put up an asset as collateral. This quite often is real estate, in which case the defendant mortgages his property to the bail bondsman.In some jurisdiction, the court will allow the defendant to pay to the court the usual percentage in lieu of obtaining a bond. So, if the court sets the bond amount at, say, $10,000, the defendant can pay the court $1000 cash in lieu of obtaining the bond. In most cases, the defendant receives a refund of the cash amount once his case has been adjudicated. This usually only happens when the risk-of-flight of the defendant is considered minimal.
The bail bondsmand does not pay the full amount unless the defendant fails to appear at trial or any hearings that require his appearance. A licensed bail bond company enters into an agreement with the defendant and the court. The defendant pays the bail bond company a fee, usually 10--15% of the bond amount set by the court. The bail bond company agrees to pay the court the amount of the bond if the defendant fails to appear for trial at any point that he is out on bail. The bail bond company does not actually provide the bond amount unless the defendant fails to appear.Sometimes the court will require that a defendant obtain a corporate surety bail bond even if he has the assets to put up for bail. This is usually done when the defendant has access to a considerable amount of assets, say proceeds from an illegal activity, and the court wants a third party to guarantee the defendant's appearance. Bail bond companies don't like to pay bonds when their clients "skip" trial, and will pursue the defendant relentlessly. For that reason, some judges will order a defendant held pending establishment of a corporate surety bond.Also, most bail bond companies don't actually have the funds on hand. They are financed by finance companies who specialize in providing such bonds. If the defendant fails to appear and is declared a fugitive, the financing company is the one who actually provides the funds. However, the bail bond company is still obligated to the financing company. If the amount of bond is high, most bail bondsmen will require the defendant, or someone willing to assist the defendant, to put up an asset as collateral. This quite often is real estate, in which case the defendant mortgages his property to the bail bondsman.In some jurisdiction, the court will allow the defendant to pay to the court the usual percentage in lieu of obtaining a bond. So, if the court sets the bond amount at, say, $10,000, the defendant can pay the court $1000 cash in lieu of obtaining the bond. In most cases, the defendant receives a refund of the cash amount once his case has been adjudicated. This usually only happens when the risk-of-flight of the defendant is considered minimal
When you use a bondsman to pay, say $10,000 bail, he usually charges 10%. You pay $1,000 to him. He then pays the court $10,000 (your bail). When you return to court and get convicted/released he gets his $10,000 back. He made $1,000. If you pay the $10,000 bond, you get the $10,000 back. Thus saving you the 10% (minus any court costs/fines). So if you can afford it, pay the bond yourself, it's cheaper.