If you or someone you love has been arrested, then you are likely dealing with the financial burden of bail. Thankfully, there are people who can help you through this challenging time by financing the bail amount and allowing you or your loved one to return home before standing trial. The people who provide this service are called bail guarantors, and they offer bail bonds.
The amount of money required by a court to ensure the return of the charged individual to stand trial is called bail. However, many people cannot afford the entire amount for bail, which is where bail bonds come in. A bond is a type of payment that is made to ensure an individual appears in court. However, the whole bail amount will be paid if the defendant does not show. These bonds are typically secured through the payment of 10% of the bail amount and other collateral, which will be collected if the charged individual fails to appear for their court date.
A bondsman or bond company is the bondholder, and they make the promise to the courts on behalf of the arrested to collect the full bail debt for a nonappearance. Additionally, these companies and individuals take a small fee for making this guarantee to the court.
Types of Bonds
A bond may be needed for several different criminal proceedings, from misdemeanors to felonies. Therefore, there are many types of bail bonds allentown pa.
Attempting to pay an entire bail amount can be a significant financial burden that many will not be able to pay. A bond, however, allows for only a fraction of the bail to be paid while still securing the temporary freedom of you or a loved one. If you or someone you love are in need of a bond, a bail bondsman can help with a variety of bail issues.