Various Kinds Of Bonds

how does bail bonds make money

Like secured or property bonds, bail bond agents usually require the defendant or the paying celebration to supply collateral or another form of safety towards the bond. Similarly, the bond agent might require the defendant, or someone else, to signal a security interest in a car, home, or other piece of property that the bond agent can repossess if the defendant fails to seem. The general idea is that in case you have the money to pay bail after you’re arrested, you may get out of jail. But bail is commonly extra sophisticated than that, especially when the bail quantity is giant. However, courts can allow legal defendants to be released on bail after a conviction or sentencing if the defendant recordsdata an enchantment. For example, if a courtroom sentences a defendant to five years in prison but the defendant information an appeal of the conviction, the sentencing court could grant that defendant bail and allow that defendant to stay out of custody till the enchantment has been heard by an appellate court.

At the request of the defendant, the court could order the quantity repayable to the defendant from such deposit to be paid to the defendant’s attorney of … Read More