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BAIL
BOND FAQ's
HOW MUCH DOES A BAIL BOND
COST ?
Typically you pay 10% of
the face amount of the bail, this is called the bond premium.
Bond premiums for federal
and immigration court bails run between 15% to 20%.
WHAT IS CONSIDERED
ACCEPTABLE COLLATERAL ?
Most bonds for minor
traffic or misdemeanor cases a signature is all that is required.
When collateral is
necessary the bail company will typically accept anything of real
value, like a home, car or boat.
WHEN DO I GET MY COLLATERAL
BACK ?
In the State of Florida
collateral must be returned within 21 days of you providing the bail
bond company with proof that the bond is discharged and/or the case
is over.
WHAT HAPPENS IF THE
DEFENDANT FAILS TO GO TO COURT ?
As an indemnitor
(co-signer), if the defendant fails to go to court your options are:
1. Quickly locate the
defendant and advise the bail bond company where he/she is, in-order
to have them returned to the jail by the bondsman.
2. Make arrangements with
the bail company to payoff the bond.
3. Forfeit your
collateral. Note; that forfeiting your collateral does not release
you of your responsibility or any deficiency debt that may exist.
You are responsible for all costs, attorney fees, interest,
investigations, recovery agent fees, court costs and more. Before
signing on a bond be sure you understand everything your signing and
that you are certain the defendant will go to court..
Call us toll free at 1-888-224-5937.
We will be happy to answer your questions.
The information you obtain at this site is not, nor
is it intended to be, legal advice. You should consult an attorney for individual advice regarding your own
situation.
Cities Serviced in Broward County,
FL.
Call Toll Free
1-888-224-5937

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