THE BONDS THAT BAIL US FROM BONDAGE Blog Post No.1

StingRay Bail Bonds Blog Post No. 1

BAIL BONDS: THE BONDS THAT BAIL US FROM BONDAGE

I will not be alarmed if you tell me that you haven’t heard of bail bonds. Well, go on, say it. Okay maybe you have heard of them, but it is quite surprising that a large number of us remain completely ignorant of what bail bonds are, how to go about them and generally how the whole process works. It is quite important that you know what to do when a loved one is incarcerated, that you have a working knowledge of what you can do to help them out of such unfortunate situations. Let us first talk about posting bail in general.

How do you post bail?

You could post bail by paying cash.  You could also sign over ownership rights to a property you have. This is just like collateral, if you honor the bail, your property, or cash will be returned to you after the necessary deductions. Another way of posting bail is to be released on your own recognizance or ‘O.R.’ this is a statement you sign that says that you will appear in court at the required time.

Finally, another way is by giving a bond in the full amount of your bail. A bond really means a promise to pay if you don’t appear in court. We will devote a little more time to talk about these bail bonds.

But these bail bonds, what are they?

The simple definition of a bail bond is that it is a written promise signed by an accused person and a surety ensuring that the accused will appear in court at the time and date scheduled. This is done as ordered by the court, which also sets the bail amount. The bail bonds ensure that an accused person is not incarcerated as at the intervals between their appearance in court, while extracting the promise from the accused that he/she does not skip bail and make a bolt for it.

How does it work?

Consider this scenario: Julian was arrested in connection to an armed robbery that resulted in serious injuries to two persons. This is a serious crime, and according to the law, he must be kept in jail until the time set for a bail hearing. At the bail hearing, the court set the bail amount at $5000. This was not an amount to be sneezed at.

Julian’s mother Katie couldn’t afford it. So what does she do? Should she just fold her hand and allow Julian, her boy, to endure the period of his trial in jail? Thank goodness there was a better idea, it came from was Katie’s brother, uncle Bob. ‘why don’t you just hire a bail agency like Stingray Bail Bonds?’

This was a perfect idea because not only will the bail bond agency take care of the bail, they will also handle all the technicalities therein. All they needed to do was provide the bail agent the location of the person in custody, the full name and booking number of the person in jail and then how much the bail is. This can all be easily obtained from the prison holding Julian.

When you purchase the bonds from a bondsman, at about 10% the amount of the bail, the bondsman acts as your collateral, so to speak. This means that bondsman will bear the responsibility for paying the amount represented by the bonds and also the responsibility of apprehending the prisoner, should he/she escape.

How does the bail process work in Florida?

The processing period for a person who has been arrested and taken to jail is between 1-3 hours. After this, they have the option of either staying in jail or be bailed out on bond. They could pay the full amount in cash or pay with a bond agent. When you pay in cash, you will need to wait for sixty days before you get a refund. The cash bond will be used to pay all the court’s fees as the dictated by the statutes of Florida.

If you posted a bond with a Florida-based agent, a percentage or premium of the total amount will be charged you. In Florida, any bond that is $1000 or less costs $100 and any amount above $1000 will cost 10% of the total bond. So if Julian had been charged $800, he would have paid $100 since $800 is less than $1000, however, as he has been charged $5000, he will have to pay $500 which is 10% of $5000.

You can also click here for more information on how the Florida bail process works.

 

StingRay Bail Bonds

244 N. Ridgewood Ave.

Daytona, FL. 32114

(386)238-9228

http://stingraybailbonds.net/

2 thoughts on “THE BONDS THAT BAIL US FROM BONDAGE Blog Post No.1

  1. I’m loving this. I’ve learnt loads. And the information was passed in an interesting way. Kudos!

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