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Monday, May 14, 2018

Types of Collateral That Can Be Used For Bail Bonds

In order to get out of jail after an arrest, there is typically a need to post bail. When there is not enough money to pay the bail amount, a bail bond Salisbury NC can be purchased. However, there is a need for some kind of collateral that needs to be put up and here’s a look at what can be used.

Vehicle

Posting a vehicle for bond will require the owner to have the title in hand. That means it will have to be owned outright, with no outstanding loan or lien on the vehicle.

Surety Bond

A surety bond is purchased with cash, although the full amount of bail is not required. A surety bond can be purchased for 10% of the actual bail. That 10% will not be returned, regardless of the case’s outcome.

Cash

A cash bond can be used but needs to be paid in the full amount of bail in order for a defendant to be released. Cash is returned after the trial, minus some fees for some court costs.


Home

A home does not have to be paid off in order to be used as collateral for a bail bond Concord. However, there does need to be some equity within the home as that will provide the value for which a bond can be purchased.


Jewelry

In some instances, gold and diamonds are used as collateral. Whatever jewelry used must come with a certified appraisal. However, some bail bondsmen will ask that the jewelry be taken to a pawn shop and then have the cash used to purchase a bond. It varies among bail bonding services.

Land

This form of collateral is based on the same principles that are required when providing a home as collateral.

Bank Account

When there is an ample amount of money in a bank account, this can be used as a way of providing collateral for a bail bonds.

Credit Cards

Some bail bondsmen will allow for client’s to use credit cards. This is done by using authorization forms which allow a bail bondsman to run the card for the owed amount in the event that a defendant does not show up to a court date.

Bost Bail Bonds provides 24 Hour Bail Bondsman Services in North Carolina. When the time comes to purchase Cabarrus County Bail Bonds or Rowan County Bail Bonds, contact the team of professionals at Bost Bail Bonds and we will walk you through the entire process.

Tuesday, April 10, 2018

Important Things to Know About the Bail Process

The bail process can sneak up quickly on those who have been arrested and can make for a very trying time. That’s why it is important to know how the entire process works including the benefit of bail bonds. Here are some important things that are not always common knowledge when it comes to the bail process.

No Cell Phones

Cell phones are not allowed in jail. When you are arrested, your possessions are taken from you and you will be permitted to make a phone call. That makes it extremely important to keep some numbers memorized. You can forget about communicating via social media. Be sure to have the number of a family member or close friend committed to memory.

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Bail Can Be Denied

A judge does not have to set bail. In some jurisdictions, certain crimes prohibit bail from being set. If a person is considered a flight risk, meaning there is a chance he/she will not show up for the future court date, then bail will likely be denied. Bail is always up to the discretion of the judge.

All Arrests Do Not Require Bail

Not all people who are charged with a crime are required to post bail. Following an arrest, some people are released on their own recognizance. There are several factors that go into this decision. But keep in mind that minor offenses do not typically come with the need to post bail.

Bail Bondsmen Provide Payment Plans

Most bail bonds agencies, including Bost Bail Bonds in Salisbury and Concord NC, work with clients to set up a payment plan when bail is set high. That way they do not need to pay the full amount of the bond right away. This makes it much easier for families to get their loved ones out of jail quickly. There are also collateral options available.

Co-signers Are Responsible

The person who co-signs for bail will be held responsible if the defendant does not show for his/her upcoming court date. That signature is a guarantee that the defendant will show up to court. If that does not happen, the co-signer forfeits the collateral or money that was provided as bail.

Bail Bonds Have Premiums

Bail bonding services make money on the premiums that are charged to each client. These premiums are non-refundable and the amount of the premium is always a certain percentage of the bail amount.

Bost Bail Bonds provides 24 Hour Bail Bonds in Salisbury, Concord, and surrounding areas. They also provide inmate searches in Carrabus and Rowan County. For the best in Cabarrus County Bail Bonds and Rowan County Bail Bonds, contact the professionals at Bost Bail Bonds. 


We also recommend reading "Important Terminology to Know in the Bail Bond Process".

Tuesday, March 6, 2018

Bail Bonds Over Cash Bail has Plenty of Advantages

When someone is brought up on criminal charges, the reality of sitting in a jail cell is a harrowing thought. Fortunately, there are ways around that process as bail is available in multiple forms. Defendants can choose to post bail in the form of cash or bond. Here’s a closer look into why bail bonds have a distinct advantage over cash bail.


Interference with Fines

Handing over cash to a court means that it could wind up being used to pay any fines that may be assessed as a result of the arrest. Courts may also choose to keep cash bail to cover court costs. Handing over cash as a form of bail may also negate any kind of payment plan. The court will be more reluctant to agree to a payment plan for fines and court costs when it already has that money in hand. This is not an issue when using a bail bond since only 10% of the full amount of bail is required. That 10% is also subject to a payment plan and can be paid off in installments.

Right to a Lawyer

When arrested, it is a defendant’s right to legal representation. If a defendant cannot afford legal representation, a court will appoint a public defender. However, posting bail in cash shows evidence that the defendant has adequate funds with which to afford legal counsel. Therefore, it could eliminate the possibility of being appointed a free lawyer in the form of a public defender. That would mean defendants would have to spend more money on an attorney or venture into court with no representation at all.

Forfeiture

If you wind up missing a court date for any reason, the entirety of your cash bail is claimed by the court. That means that if a defendant shows up in the wrong courtroom, is late because of traffic, or cannot make it because of illness or accident, all their cash is lost. When any of that happens on a bail bond in North Carolina, the court cannot claim all that cash because it was never handed over.

Privacy

Posting cash bail for yourself or anyone else immediately becomes public record. That is often very embarrassing for everyone involved and could affect job status, relationships and other important parts of people’s lives. Bail bonds come with anonymity as there is no record made public when a bond is posted.

Bost Bail Bonds can help you or a loved one with 24 hour bail bondsman services throughout North Carolina. We can also conduct an inmate search in Rowan and Cabarrus Counties. For the very best bail bonds services, contact the experienced professionals at Bost Bail Bonds in Concord NC.

Thursday, February 8, 2018

How to Get Ready for a Bail Hearing

Getting ready for a bail hearing can be a stressful time, but it is still important to be adequately prepared. There is plenty that can be done, even though the defendant is in jail. Here is a look at what defendants should do before their NC bail hearing.

Get Character References

Being granted bail is made easier when a defendant has people in the courtroom vouching for the fact that he/she is not a risk for flight. This will go a long way to making a better case for the defendant. It also helps to gather any kind of proof that shows the defendant is an upstanding citizen. Communicating with family members through a lawyer can also help this process.

No Need to Prepare a Defense

The point of a bail hearing is to determine whether or not the defendant is a flight risk and not to argue the details of the case. There is no need to worry about the specifics of proving any innocence or attempting to reduce the charges. In a bail hearing, the presiding judge will hear the charges and then set bail. That is the extent of it.

Bail Denial Factors

Judges will deny bail if the defendant is deemed a risk for flight, or if he/she presents a threat to the community. Judges will also take into consideration the criminal history of the defendant, along with their current mental state. The crime for which the defendant is being charged is also considered and bail is often denied when the crime is a violent one or a weapon is used.


A Quick Courtroom Date

Bail hearings do not take much time at all. The judge will read over the charges, listen to any character witnesses and then set the bail amount. It is basically an in and out process according to Bost Bail Bonds of NC.

Courtroom Demeanor

Defendants can help themselves by displaying proper courtroom demeanor. That includes not saying anything unless ordered to by the judge. Respectable attire, continual eye contact and confident body language will also help. Standing up straight and maintaining a dignified posture will provide a better impression to the judge.

Bost Bail Bonds provides around-the-clock bail bonding services as it is our mission to help defendants return to their homes. Cabarrus County bail bonds and Rowan County bail bonds are just a phone call away. Bost Bail Bonds will help you and your loved one through the entire bail process as we have years of experience on our side.

Thursday, January 4, 2018

Important Terminology to Know in the Bail Bond Process

Obtaining a bail bond or posting bail Salisbury NC comes with the use of language that is very specific to this process. It is important for those who are involved with any facet of the bail process to become familiar with the key terminology. Here’s a list of the most important terms to know.

Defendant – This is the person who is arrested and is not guilty until proven so in a court of law. This person may or may not need to be bailed out, depending upon the severity of the offense. 

Collateral – In order to obtain bail bonds, there must be something of value put up to ensure the bail bondsman is protected should the defendant fail to show up in court. Collateral could include money, property, jewelry, cars or any possession of significant value.

Premium – This refers to the percentage of the bail amount that must be paid to the bail bondsman. It is customary for most bail bonding services to receive a 10% premium for their services. It is pretty much a fee for their service.

Forfeiture – A defendant is required to make a court appearance following his/her arrest. When the defendant does not show, bail is forfeited and that process is known as forfeiture.

Indemnitor – When a defendant has another person co-sign for his/her bail and put up collateral, the other person is referred to as an indemnitor. The indemnitor is responsible for the defendant showing up to court.

Bond Revocation – This term essentially means that the bond is revoked. The bail is returned to the bondsman or person who posted it and the defendant must return to jail.

Failure to Appear – This term is used to describe a defendant who has failed to show up for a court date. It is also a charge that is filed against the defendant, in addition to the previous charge or charges that were incurred.

Fugitive Recovery Agent – Also called bounty hunters, these are the people who track down defendants that have missed their scheduled court appearance and skipped bail. It is their job to return them to police custody.  

Recognizance – Defendants who are released without having to post bail are released on their own recognizance. However, they are still required to show up for a mandatory court date.

Bost Bail Bonds is ready to help you or a loved one secure bail with 24 hour bail bondsman services. Our team can also ease your by worries by conducting a Rowan County inmate search as well as a Cabarrus County inmate search. Trust Bost Bail Bonds for the most comprehensive bail bonds services in North Carolina.