What Exactly Are Bail Bonds?

What Exactly Are Bail Bonds?

If you are detained the courtroom will set the sum of your bail. It is how much money it requires to get outside of imprisonment when awaiting your court date. Depending on the seriousness of the crime you happen to be accused of, the bond may be a high amount or a very low amount. The primary reason for a Bail Bonds Hawaii would be to guarantee that you'll be around once the time arrives to go to court.

Bail Bond Sums Range

The particular bail sum which is set from the court is sometimes small enough to enable you to pay for your bond; but should it be extremely high you'll want to contact a 24 hour bail bonds company. You can pay them a portion of the bond and a company representative from the bonding company, a bail bondsman as they had been traditionally referred to as, or simply a bondsperson will post the bond so you can get outside of jail. These people do that to get a portion simply because they believe you will appear in court.

For example, if the bond is $50,000, this is a fairly fair amount for many people to pay. A bond which is higher usually is reserved for felonies rather then misdemeanors. Most probably you'd pay 10% of the amount to the bonding company, which will be $5000 and so they would post the $50,000. The $5000 you have to pay to the bonding company will never be returned to you.

Misdemeanor charges do not usually have high bonds and also the bonding companies ask for around 20% of the bond for this type of cost. If your bail is placed at $1000, you'll only have to pay the bonding company $200 rather than the $1000. This is also retained by the bail bond company as a fee intended for posting your bond.