In this video, you will learn about bail bond companies. When a person gets arrested and is booked for a serious crime, they must wait in jail until their court date. The judge will set bail. If the person cannot make bail, there might be a better option.
A bail bond agent is on call 24/7 and can help. A bail agent may meet yo at the jail to bail them out. The bail agent will typically charge between 10-15% of the bail amount. Depending on the crime, the bail agent might charge less or more. You do not get this money back. If you are a flight risk, the bail agent might make you sign over collateral. The defendant will be released from jail after bail is posted. Depending on how crowded the jail is will determine if the person is realised quickly or not. If the person fails to appear in court, the bail agent has to pay the full amount. Keep in mind, if the defendant does not make their court date, you could lose any collateral that was signed over. Keep watching this video for more infmatio.
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