Many citizens wash their hands of even the fundamental knowledge of government laws. This is because they don’t even want to imagine themselves in an unfortunate situation in which knowledge of this kind might be handy. It comes as a shock that a word as basic as’ bail’ is not even known to people. To get learn more about the Connecticut Bail Bonds Group New London.
Bail is a form of collateral or property, usually a sum of money, that is deposited with the court to persuade the accused to be released from jail. But, the condition is that the released accused must appear for his / her trial or else the bail will have to be forfeited. If the offender fails to appear for the court along with withdrawing the deposited bail, he will be further suspected of failure to appear. For fact, bail money is returned several times in case no court appearances are met with, whether the person is found guilty or not.
When a person finds himself in such circumstances, the event is followed by a number of telephone calls to either a family member or a friend or a guardian who kicks off the entire bail and assistance process. But one way to secure a Bail Bonds service is easier, faster, and much more efficient. It is offered to the court by the accused’s promise to insure that the accused arrives in court on the trial date. In the case of such bonds, bail bondsmen act as the guarantor ensuring that the convicted person keeps his promise to appear at the trial. It is also the surety that is liable for the convict’s bail payment. Hence, the court agrees to free the prisoner in exchange of this bail.
The individual pays the bond agent to deposit a bond with the court. To make use of the bond, the buyer must pay a non-refundable 10 per cent premium. The issuer of the bond may also need a guarantee such as valuable assets. In case the accused fails to appear at trial, the seller of the bond may cash-in the collateral. Those are valid for the entire duration of the case.
The bail provider pays a total of 10 per cent of the pledge along with other fee related expenses. It is the trial where the size of the bail is decided. Most jails have standard bail schedules and clearly specify the amount of common crimes to be bailed. It’s also important to know that if you can’t afford the bail amount, you can ask the judge to lower that amount. Such an appeal may be brought either in trial at the point of first deposition or in a separate bail-setting hearing.