What is Bail Bonding?
Despite of all the different professions in our society, it has been known that the most misunderstood would probably be the bail bonding profession. There are also a lot of people who could definitely give the most basic description of the process involved in bail bonding, and these are people in the criminal justice system such as the lawyers, clerks, and even the magistrates. Due to the fact of having a loved on incarcerated, a lot of citizens who would want to have the need of bail bondsman find the situation very confusing. It has also been known that a bail bondsman are so competitive most especially when they get involved in the negotiation of the terms of their services.
So how does an individual without any knowledge about what is really involved with this mysterious profession make sure they are not paying more than what is reasonable?
This article is very helpful for those people who would want to know the explanations of spending on bail bonding so that they would know where their money went and that, it would not be put into waste. I do not intend to outline the entire bail bonding process because, in reality, it is not necessary to understand the details to get the best price. This article also tackles about large bail bonds. With a bail bonds only worth $1,000, there would definitely no bail bondsman who is going for a negotiation in that amount.
There is one mandatory subject that must be covered so that you limit your negotiations to bail bonding companies that are in a position to actually help you and that is the difference in Surety and Property bail bondsman. That will be covered shortly, first lets look at the typical bail bond.
10% of the price of the bond is usually the generally accepted price for a bail bond, simply saying, you will be charged $100 by a bondsman if you were to post a $1,000 worth of bail bond. It’s common practice in this industry to tell clients that this price is completely non negotiable because the percentage rate is set by law and cannot be altered. The information about the alteration of percentage rate has been known to be partially true. This is where the importance and understanding the two types of bail bonding companies comes into play and it has everything to do with collateral.