He risks losing the title deed to the bail bondsman if he fails to show up in court in the specified date. John relies on a bail bonds agent to post the bail amount on his behalf provided he pays a premium (10% of the amount) and offers collateral (a title deed to his house). Apart from losing the collateral, you may face severe consequences for failing to appear in court as ordered by a judge.Ī California court sets John’s bail at $20,000, which means John has to pay $20,000 to the particular court to facilitate his release from jail. They use the collateral (anything valuable you own) to recover your bail amount if you do not return to court. They require you to post collateral for the bail amount you are seeking. Though their line of work may appear risky, bail bondsmen take extra precautions in their work. You can look up your bail agent's licensing information from the CDI's bail bond licensee registry. Only licensed bail bond agents are required to underwrite and issue bail bonds to secure the release of defendants. The CDI (California Department of Insurance) has been regulating all bail bond businesses in California ever since the Bail Bond Regulatory Act was passed in 1937. Bail bond agents usually determine whether a prospective client is eligible for a bond. In the State of California, bail bondsmen take a percentage of your bail amount as their fee (premium). Bail bond companies take strong measures to monitor defendants and find them if they fail to make court appearances.Īlso known as a bail bondsman, a bail bonds agent is an individual, corporation or agency licensed by the state to offer bail bonds to defendants. The bail bonds agent will forfeit your bail money if you do not return to court as ordered. Though this premium is nonrefundable, you can have it reduced to 8 percent if your lawyer refers you to the agent directly. In California, the specified premium for a bail bond is usually 10 percent of the court-approved bail amount. Your best hope for paying this amount is by the help of a surety company. Posting thousands of dollars as bail can strain your finances severely. The amount may be set to $20,000 for a less severe offense or $1,000,000 for a more severe crime. All counties in California follow strict bail schedules for every kind of criminal offense. Your bail amount may vary depending on the type of crime you allegedly committed. The terms of this contract mandate you to appear to the specified court when required. Understanding the Term “Bail Bonds”Ī bail bond takes the form of a contract between a bail bonds agent and a defendant. Exit Bail Bonds offer 1% down bail bonds for Riverside residents, which essentially means that you only pay a one percent downpayment of the bail amount and the rest is covered by collateral, as discussed further in this article. Moreover, the court may set the bail amount too high that you will need to seek help from a bail bonds agent to post your bail. Thank you so X-IT.While bail bonds help assure that you or your loved one will return to court as scheduled, it is not always the case that the judge will grant bail. X-IT bail bonding is the company for you! I can’t thank them enough for helping us get him home and caring about how him being away effected our family. So, if your looking for a bonding company that is in the business of serving their customers and caring how life situations happen. Adam did everything in his power to make sure Tuesday happened without any problems. Needless to say my fiancé came home Tuesday and that meant everything to our family. Marcos and his wife were the best, and it meant everything when he told me that we are going to bring him home. Jordan was very attentive and professional. However, that didn’t stop them from for doing the impossible for our family. They too were going through their own personal family issues. I promise you that day was life changing. We finally decided to go forward with them. My sister-in-law found X-IT bail bonding and had been talking to Mary Lou for about a week. My fiancé had been gone for over five months and we where having a difficult time getting him home. They took a personal interest in our family’s situation.
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