A bail bondsman is someone who acts as a guarantor that will pledge collateral (i.e. money, property, etc.) to allow a defendant to be released from jail before his or her hearing. Many types of companies can act as a guarantor: banks, insurance companies, and of course bail agencies.
A bail bonds agent MUST be licensed to operate in the state that they operate. State licenses should be acquired not just by the company, but their agents as well. As an example, a bonding company operating in Huntsville, Alabama should be licensed by the Alabama Department of Insurance.
In most instances, a detainee cannot afford to pay for or would rather not pay the entire fine before guilt or innocence is determined. In either case, hiring a bail bondsman is a good choice (sometimes, the only choice) to make. By choosing to pay just a bond (usually ten percent of the total fine) the detainee may be released from jail. The suspect is still required to attend a later court date.
Sometimes, the bond itself may still be too expensive for a client to pay. Finding a company that will finance the bond is a possible option. Locating a bondsman that accepts a certain type of payment (i.e. cash, check, credit cards, etc.) may be the most pressing consideration. However, there are companies that may include financing, loans, and other payment options (for larger bonds) to make the bond affordable for the client. Be careful! A bond company may advertises low bail fees; however, there is a chance there are hidden fees included in the finance plan. A client that is financing a bail bond should try to find a bail agent that has reasonable interest rates or fees.
When choosing a bail bond agent or company, experience is a critical factor. Bonding companies that have years of experience have figured out the most expedient way to get a detainee released from jail. The best service comes from knowing the process a specific jail or holding facility uses.
With bail bonds, there are several choices. The best bail bonds company doesn’t always mean the one with the lowest fees; a person in need of a bond should find the company that best suits his or her needs. A person should ask questions, and make sure the company is right for them.
If time is a critical factor, one should choose a more reputable and experienced bail bonds company. While smaller companies may provide great service, they might not have the resources necessary to supply the collateral needed without advanced notice. When a person has to be out as soon as possible, an experienced bail bonding agency is the choice to make.