Frequently Asked Questions
Bail Bond processes are complicated and can be difficult to understand. To help our clients understand the bail bond procedure, we’ve compiled a list of questions that’ll help clarify some confusions about bail bonds.
What do you need to know before applying for a bail bond?
There are certain vital pieces of information you must give to your bond agent for them to post bail. These are:
- Where is the person jailed? This includes the name of the jail, the city, and state they are in.
- The person’s full name and booking number. This information is needed to help identify the person as their details exist in jail records. This will help the bondsmen locate the defendant faster and post their bail.
- How much is the bail? If you don’t know the amount, then your bail agents can find out for you. This is the amount you or the guarantor has to pay in order to secure a release on bail.
Can you leave the country if you have been released on bail?
In some cases, travel might be prohibited until the case has been concluded, although it’s still possible to travel on bail as long as you have permission from your bail agent. If courts have prohibited travel, you must also get approval from the court. If you travel without permission, you may be liable for arrest.
What is the premium?
The premium is a percentage of the bail amount that you must pay the bail agent for their services. This amount is between 10–15% of the total bail amount depending on the county or state you are applying for bail in.
So if the bail is set at $1,000, then the premium also lies in the $100–$150 range. Nelson Bail Bond charges a 10% premium on all bail amounts that they stand as guarantors for.
Is the Premium refundable?
No, the premium is a fee that guarantors collect as a type of fee and is also not refundable.
What is Collateral?
Collateral is the amount of money or valuable objects you may leave with your guarantor in exchange for their services. This collateral is collected to make sure that the defendant attends all court sessions once they have made bail.
This is to prevent defendants from fleeing when they are on bail, unless they also wish to take a financial hit. This protects the bail bonds agency from suffering losses if the defendant does not uphold their legal responsibilities.
Although Nelson Bail Bond does not require bail in most cases, usual forms of collateral are:
- Real Estate
- Credit Cars
- Personal Credit
- Bank Accounts
Items kept as collateral are returned once the trial has been concluded.