Palmdale Bail Bonds Info

Palmdale Bail Bonds Info

Four of the most Widespread Bail Bonds Questions Answered

Walking down the street in a normal town, one won't find very many people with any knowledge whatsoever of the bail bonds market. As a Bail Bonds firm, we've been in this company for over 40 years and know the market inside and out. So we thought we would put together a brief list of four widespread bail bonds questions and answer them for you. All answers are with regards to the laws of California.

Question 1: What exactly is the expense of a bail bond?

Answer: 10% or Zero

Explanation: All bail bonds businesses are regulated by the California Department of Insurance. It's they who mandate that every bail agency charge 10% of the total bail. You can find businesses available that each advertise and charge much less and in each instances, they're operating illegally. The one and only time that a firm can charge much less is if they make use of the Prop 103 loophole and charge 8% of the total bail.So inside the end, you will be charged 10% of the total bail, for example; say bail is set at $20,000, you'd pay a bail bonds business $2000 to put up a $20,000 bail bond.

Question 2: What's the distinction among the five kinds of bail bonds?

Answer:

• 1. Cash: this is where the defendant will have someone (the signer) take the entire quantity of bail ($20,000) towards the court. The court will then hold on to the $20,000 until the defendant attends all court dates and the case is finished. At that time, the $20,000 will probably be given back.
• 2. Surety: This is the type of bail whenever you work using the bail bonds business. It truly is a contract with the bail bonds firm who in turn has a contract with an insurance business who backs all of the bonds written by the bail bonds organization. So in essence once you bail somebody out, you might be in a contract with an insurance firm for the total quantity of bail.
• 3. Property: If you have property that has enough equity or more in it, you may put up a lien on this property and sign it over to the court for bail. When the case is completed, the paperwork will probably be sent back and also the lien will probably be taken off.
• 4. Own Recognizance: This when the judges let's the defendant out of jail with only signing papers for committing to show up for their court appearances. In this scenario the defendant does not have to provide any sort of collateral for the court to hold to insure their return.
• 5. Citation Release: The arresting office may release the arrestee before they even go to court. This really is named "cite-out." The defendant is still responsible for attending all of their courts dates until the case is over.

• Question 3: How does one determine the cost of bail?

  Answer:by the bail schedule for that county or state. Each county and state has their own bail schedule. A bail schedule is a lot of written material explaining all the techniques one can break the law. You will find two varieties; Felony and Misdemeanor and each and every charge is assigned a code, known as the Penal Code. For instance: PC 243 (3) Domestic Battery Without Traumatic Injury 20,000. This is essentially an altercation between a couple where the police where named. There were no marks or other traumatic varieties of injuries. So if you're arrested for this, you bail is set at $20,000. Now, if one of the couples injures the other, the result is PC 273.5 Domestic Battery With Traumatic Injury 30,000 and your bail is set at $30,000.

  Question 4: What exactly is an indemnitor or signer?

  Answer: The indemnitor will be the individual who's taking responsibility for the individual who's finding bailed out. This person is known as if the defendant misses any court dates, misses payments, or any of their other responsibilities. Most of the time this person is either the parent, buddy, or spouse. In rare situations, the bail bonds company will not demand an indemnitor and will allow the defendant to sign for their self.

  Our Palmdale Bail Bonds organization has been writing bail bonds for over 40 years. Of those 40 years we really feel that these are one of the most well-liked questions that come up and we hope that we have shed a lot more light on the industry and how things function.

PALMDALE BAIL BONDS INFO

Palmdale Bail Bonds Located at 729 East Ave Q, Palmdale, CA, 93550 Phone: (661) 225-9400.