There are many bail bond companies in West Hollywood. All these companies are licensed by the competent authorities. These companies present display their license numbers in all their advertisements. The status of these licenses can also be checked through the government’s website. Its address is insurance.ca.gov.
As per the state’s rules, all Pasadena bail bond companies must charge a premium of 8 to 10 percent for the bail bond. However, there is still some room for negotiation when you are dealing with a particular bail bond company.
Before going into the intricacies of Pasadena bail bond procedure, we must first discuss what a bail bond is and why it is required.
Bail is a certain amount of money that is deposited in a court of law so that it releases a suspect from jail. There is an understanding that the suspect will attend all the hearings of the trial until the final verdict. If the suspect appears throughout the trial, the court will return the bail money.
Granting bail is common in the United States as well as many other countries. People are also aware of the fact that the courts may release a suspected criminal by taking a certain amount of cash as guarantee. People are, however, unaware of the fact that there are professional companies that specialize in the process of securing bail for defendants. These are known as bail bond companies.
What a bail bond company in Pasadena CA does can be explained in simple words as follows:
In order to grant bail to a defendant, the court asks for a certain amount of money in the court as guarantee. This is where a bail bond company comes into the picture. This company pays the money to the court on the behalf of the defendant. In return the defendant can give the company anything that belongs to him and equals in value to the amount deposited by the company into the court. This thing can be anything like a property, a painting and jewelry etc. The bail bond company charges a fee for this service which is a percentage of the entire bail amount.
If the defendant fails to appear in the court for his hearing, the court appropriates the bail amount. Likewise, the bail bond company also confiscates the security item deposited by the defendant.
Most of the bail bond companies offer a rate of 10%. They may offer a rate of 8% but there are some strings attached with it. If the defendant or his co-signer serve in the United States military or they are veterans or they belong to a Union, they can get an 8% rate. In Pasadena, the defendant is also required to make a down payment to the bail bond company which furnishes the rest of the amount to the court. This balance amount is usually free of interest.
Securing bail for a love one is a matter of utter importance that is why most bail bond companies provide a 24/7 service. Moreover, there are specific procedures for securing bail that a layman is usually not aware of. A bail bond company is familiar with all the procedures and paper work so it takes them a lot less time to secure release.
Our bail Bonds is a reputable company that is always available for providing its expert services. They can get your loved one out of the jail very swiftly with the least hassle.
Jack June 25, 2014
Inland Valley Daily Bulletin February 9, 2015
Wooten, who was striped of his authority at New Covenant Church, remains held on $1.75 million bail in the North County Correctional Facility in Castaic. Collins and Jenkins have been released on bond. The city has hired investigators to conduct an …
mysanantonio.com September 19, 2014
Gold, bonds fall. Holmes was indicted, secured bail, but never showed up for his court date. In August 2012, a warrant for Bond Surrender Forfeiture was issued by the Polk County Justice of the Peace.
Financial Times February 2, 2015
New ‘bail-in’ bonds pay lower coupons than senior debt
cbs2chicago February 5, 2015
Two men were ordered held on $500,000 bonds Wednesday after being charged with
shooting a man several times last week in the North Lawndale neighborhood on
the West Side.
TenderBlossom April 27, 2014
Asahel Hudson @dudiborakes
February 10, 2015 – https://twitter.com/dudiborakes
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by Alvarado Bail Bonds on December 30, 2014
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built to carry from 3 to 10 people, one of which was usually assigned to bail, and the rest propelled the canoe by using rough oars. The typical tomol
Joe March 7, 2011
los angeles bail bonds orange county bail bond news · los angeles … We are a local, Orange County bail bond agency that has been in business for 12 years, providing the most … … Pasadena woman suspected of DUI after series of crashes.