How Do Bailbonds in New Haven Work

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A person is arrested and taken to jail after being suspected of doing a crime. The jail intake process involves taking a mug shot, getting fingerprinted, asked to give a statement and making a call to a Bailbonds in New Haven. The person charged with the crime usually has to wait in jail for court before he is released on bond.

Bail is a financial relationship that a bail bonding agency makes with a criminal defendant. A bail bondsmen works out a financial arrangement with the court to have the defendant released in exchange for collateral or money. The court is responsible for setting the monetary value of the bail. However, the bail bondsman is responsible for the defendant arriving to court on the day of the trial. If the defendant does not show up in court, then the bails bondsman can hire a bounty hunter to locate the individual.

A bond works as an assurance that the individual arrives back in court on the day of the trial. It is supposed to be in the amount of the full bail, but some courts accept 10 percent of the actual amount. If the defendant does not show up in court, then the bail is forfeited to the court and the bails bondsman is out of money. The bails bondsmen have to collect the money from the defendant to get repayment for putting up the money. If he is unable to locate the person, then the bail bondsmen can hire a bounty hunter to collect the debt.

Bail bonds companies charge a fee of 10 percent of the amount they have to put up for defendants. This amount is not refundable even if the case is thrown out of court. This process works by the bondsman taking out a security against the assets of the defendant or his family’s assets. For example, if the defendant has a house, then he can put it up as collateral for securing the bond.

It can be hard time for the person charged with the crime and his family when going through a criminal trial. Families do not always have the money to cover the bond. Bailbonds in New Haven provide options for families who need help with getting their loved ones out of jail. Read more.