Nobody wants to learn a loved one is in jail. However, this is a situation countless individuals will encounter in their lifetime. When the worst does happen, the person may need to post Bail in El Reno OK for the loved one. Before doing so, certain questions need to be answered.
What is a Bail Bond?
A bail bond is a fee the court has established to secure the release of a person accused of a crime. In most cases, bail will be set or denied within 48 hours of the person’s arrest. Once this fee has been paid, the defendant is released from jail. They can then resume normal activities until the next court date.
Are There Different Types of Bail?
Most bonds are either cash bonds or surety bonds. Cash bonds are provided when the entire amount is paid in full and no bondsman is needed. In contrast, surety bonds are guaranteed by a third party, such as a bondsman and are needed when the bail amount is too high for the defendant and his or her loved ones to come up with the full amount.
Will Collateral Be Required?
Bail bonds companies determine if and when collateral will be needed. However, most will accept any asset that is worth the equivalent of the bond. This may be a vehicle, property, a bank account, jewelry, or another valuable item.
How Much Will the Bail Be?
The court takes many factors into consideration when setting bail. Nevertheless, some courts have a schedule the judge must follow in terms of the minimum amount. The judge then has the right to increase this amount if the facts of the case warrant a higher bail.
Contact Ken Boyer Bail Bondsto have any other questions concerning Bail in El Reno OK addressed. The team is happy to speak to individuals to ensure they understand how the bail process works and what they are agreeing to. As this is not a task people take on every day, learning all one can about bail bonds is essential. While time is of the essence, it is better to be safe than sorry. Nobody wants to find they have agreed to post bail only to do themselves harm in the process. The team works to ensure this does not happen.
