Surety Bonds Arlington, TX
Jail Release Guaranteed
The most common type of bond to get you released from jail in Tarrant County a surety bond, also known as a bail bond. To be released from jail until a case goes to court, you must pay the full cash bail to the court or a Arlington TX bail bond company must pledge to cover that amount (in case you do not show up for the designated court date.) A bond agent is licensed and backed by an insurance company, which guarantees the bail bond company's ability to pay the full value of the bail.
You pay a percentage (typically 10 percent) and sign over collateral to a bondsman in return for the bail bond company's guarantee to the court. If you fail to appear, the court will most likely issue a warrant for your arrest. Plus, the bail bond must be paid in full by the bail bond company, which has to collect that amount as stated in the bail bond contract forms signed.
What are surety bail bonds?
When an individual is arrested by the police, it does not always mean they will spend days in a jail cell. At least, not until the final verdict has been handed down. A suspect can, and often does, receive temporary freedom while the trial is underway. You can accomplish this by posting bail.
Anyone who cannot come up with the proper amount of money to post their own bail is not necessarily out of luck, however. A surety bond is a type of bail bond which is similar to an insurance policy: if you cannot fulfill the obligation set forth by the surety bond, the bond provider vows to pay the full amount to the party. In the case of a bail bond, the provider, or “bondsmen,” is pledging to the court that you will make an appearance. If not, he pays the court the bail amount in full.
How does the surety bail bonds process work?
You have likely heard about bail bonds before. They are mentioned in the news quite often when an arrested individual is released on bail: so-and-so is released for X amount of dollars and returns to court in just a few weeks.
When a bail bondsman puts up the fee for the release of an individual, the bondsman will typically charge said individual a fee. This fee is usually around 10% of the bail amount. The fee is generally non-refundable, even if the case is later thrown out. The bond posted by the bondsman secures your freedom before the case. Should you fail to appear, however, the bondsman is then forced to pay the full amount to the court. Then, the bondsman may hire a bounty hunter to track the defendant down. The bondsman may also choose to sue the defendant for the money they put forth to the court. It is in everyone’s best interest that the defendant appears in court on the day of trial.