Saturday, August 24, 2013

How Bail Bond Grand Rapids Works

By Debra Cooley


Most of Grand Rapids residents only get to hear about bails when someone gets arrested, which occurs almost on a daily basis. They hear such things as so-and-so was released on a certain amount of dollars bails and will get to return to courts in a few weeks. However, not many of them actually know what it means, or the reason defendants have to go back to court if they have already been released on it. For those needing a 101, here is a look at what bail bond Grand Rapids is, how it works and the work of bail bondsmen.

It is advisable to start with its background. Should an individual get arrested for being suspected of doing something against the law, law enforcement officers will take him or her to jail for booking. In the course of this, the suspect will have a mug shot of them taken, be fingerprinted and then record a statement. While awaiting their court day, the individual will stay in the jail unless he or she is released on bail.

Bail is an arrangement involving finances made by a bonding agency on behalf of a defendant. The agency acts for the suspect and makes arrangements with courts to get them released from jails while awaiting the date of trial. To perform this, the defendant has to part with either collateral or money in the form of cash, bonds or cash. Usually, a court sets up the monetary values.

The bail agency has a responsibility of ensuring that the suspect arrives in court on the day of their trial. Should the individual fail to turn up in court, the agency may hire the services of a bounty hunter to find the individual. It is worth noting that the United States is one of the only nations in the world whereby bounty hunting is still allowed.

Bonds are securities to ensure the payments of the whole bail money. Some courts are however known to accept the entire bond amount or a ten percent cash down payment to enable the suspect to be released.

It is also of importance to know how bonds together with bondsmen do their work. A bondsman works for a bonding agency, setting up a fee to facilitate the defendants releases on bails. A bondsman normally charges a fee of roughly 10% of the required amount for settling the bond. Even if the case is thrown out after the defendants posts bonds, the initial fee is usually nonrefundable.

The bondsman must get a kind of security against defendants assets so as to cover the bails costs. In case the defendant does not possess enough assets, then the bondsman can reach out to assets of people who are willing to assist the suspect, such as relatives or friends. When the security is gotten, a cash payment of 10% is usually needed by the bondsman in addition to a mortgage equaling the whole amount of bonds money owed.

Should the defendant fail to turn up on the court day, the bail bond Grand Rapids bondsman can hire a bounty hunter to track them down. The bondsman can also sue the defendant for money given to the court as bails.




About the Author:



No comments: