Bail bonds always receive negative connotation because it is a concept that releases suspected, not yet convicted or acquitted, individuals from jail. Many people think that those out on bail will simply skip town and ignore court. But they don’t really know the facts about the bail bond industry, do they? Defendants released on bail […]
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In order to complete a bail bond application, collateral is required. Collateral is pledged as security for payment. If the original payment or agreement is broken, then the collateral is forfeited from the owner to the person it is then owed to. The most common forms of collateral are real estate, vehicles, electronics and valuables. […]
Bail exists so that defendants do not have to spend all their time in jail and in custody for the duration of their trial. Trials tend to take weeks or months (and in some cases, over a year). It’s not fair to keep defendants in custody for this lengthy amount of time (unless they are […]