There are many reasons a person may need to post bail. Bail is set by the judge when you first appear in court to plea not guilty. The judge determines bail based upon the crime the defendant allegedly committed.
After bail has been set, most defendants usually have family members contact a local bail bondsman. There are many Bail Bondsman in Colorado Springs. It is important to ask to see a bail bondsman’s license and identification. Like with any other major financial transaction, you won’t to make sure you’re dealing with a legitimate company or person.
There are several things a bail bondsman can do to help speed up the process of release for the defendant. For instance, bail bondsman have an agreement with the local courts. They are often times able to secure bail within hours after bail is set by the judge. Regardless of the hour, a bail bondsman can get the defendant released in a very timely manner. This is because bondsman have a ‘blanket’ bond with the court stating they will pay the full bond should the defendant not appear in court.
Most bail bondsman use a surety bond. Also known as a bail bond. This type of bond is used when the defendant cannot afford to pay for his or her own bail. A bail agent is able to post the accused bail because they work with a special type of insurance company called a surety company. The company agrees to pay the full amount of the bond should the defendant not appear in court. The bail agent then collects a premium usually around 10%. They will also collect a form of collateral which can include: a title to a house, car, boat, electronics, or jewelery.
The surety bond is usually done through a friend or relative of the defendants. It is assumed that the accused is more likely to appear in court because their friend or relative is the one paying the premium and using their property as collateral. If the defendant does not appear in court, then the property used as collateral can be foreclosed on or forfeited.
Are you looking for a Bail Bondsman in Colorado Springs? Contact Dennis Blackwell Bail Bonds who offers the fastestand most convenient bail bond service in Colorado Springs.
