California Bail Costs
According to the law in California, the bail industry must be regulated. Any bail bond should be 10% of the total bail, and is actually decreed by means of California law, and is determined by the California Department of Insurance. A bail bond payment is essentially the percentage pertaining to a total value of bail, and is not refundable.
California bail bonds agents, along with bail bond companies, have to be licensed with the California Department of Insurance, and only then will be lawfully approved to assist those requiring a bail bond in order to release an accused from jail. A 10% premium is required to be paid up front, nonetheless, there can be some exceptions for clients who have a reasonable credit rating.
When choosing to hire the services of a bail bonds agent, or even a bail bond corporation, make sure they happen to be completely licensed, and registered. Please bear in mind that each bail bond organization who are offering 5% bail bond fee, is violating California Law, and therefore operating outside of the law. If you have any doubts about the legitimacy of a bail bond business, contact the Better Business Bureau to ensure they are both legal and authorized, before signing anything.
Some bail bond companies will ask for security as a guarantee that the accused will be present at their trial. This can be in the form of cash, or even property. All bail bond organizations must refund the collateral after the trial has ended. Usually, a payment for a bail bonds is paid prior to an offender’s release. There are actually many options for you to choose from, therefore, it is best to ask your bail bond agency about the options they offer. Some companies will allow you or your family to commence a fee payment plan, which will alleviate some of the financial burden. When qualifying for the payment schedule, the co-signer will also be known as the indemnitor. This particular family member is actually accepting responsibility for the accused, and therefore making certain they show up to booked court dates, or else they’ll be put in the predicament of becoming responsible to pay the whole bail.