Criminal Regulation - 4 Common Bail Bonds Inquiries and Their Answers
by Emily Stone BloggerWalking down the roads in an ordinary town, one won't find highly many people with any expertise by any means of the bail provides enterprise. As a Ventura Bail Agency, we've been in this business for over 40 years and know the industry inside and out. So we thought we would put together a short list of four common issues and reply them to you. All answers are with regards to the statutory rules of the state of California.
Answer: 10%
Explanation: All firms are regulated by the California Department of Insurance. It is they who require that every bail agency charge 10% of the total bail. There are businesses out there that both charge and advertise less and in both circumstances, they illegally are operating. The one and only period that a company can charge less are if they make use of the Prop 103 loophole and charge 8% of the total bail.
So in the final end, you might be charged 10% of the total bail, for example; say bail is set at $20,000, you would pay the organization $2,000 to put up a $20,000 bail bond.
Question 2: What types of bail bonds are really are?
Answer:
Surety: This is the type of bail when you work with the bail bonds business enterprise. It is a contract with the company who in turn has a plan with an insurance company who backs all bonds written by the bail bonds organization. So in essence when you bail someone out, you are in a deal with an insurance company for the total amount of bail.
Real estate: If you contain property that offers ample equity alike to or more than the total bail, you may put up a lien on this indicator and property it over to the court for bail. When the total case is usually completed, the paperwork shall be sent back and the lien will be taken off.
Private Recognizance: The judge may perhaps order the opposition out on their own recognizance which means that the judge believes that the accused will make all their court dates with away providing any money or collateral.
Citation Release: The arresting officer may release the arrest before they even go to court. This can be called "cite-out". The defendant is still responsible for attending all of their court's dates until the full case is over. Also Read: Bail Bonds Ventura County
Question 3: How is the expense determined?
Issue 4: What is an indemnitor or signer?
805bail.com specializes in providing Bail Bonds in California. We also provide 24/7 Bail Bonds Services in various cities in Ventura County, Santa Barbara County, and Los Angeles County. Call us today to know more about our Bail Bonds services. For more about Santa Barbara Bail Bonds, Visit us today!
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Created on Dec 6th 2017 03:55. Viewed 513 times.