What Information is Needed to Secure a Bail Bond?
Secure a Bail Bond
If you’re planning to bail someone out of jail, it helps to know what information is needed. The main items a bail bondsman is going to want to see are the full name of the person who was arrested, the booking number and the charges they’re being accused of. This will allow them to contact the correct people in order to process the bail.
If the arrested person is a criminal, then the bail bond agent will also want to see a copy of their driver’s license or state identification card. This is a security measure that ensures that the person who’s getting bailed out actually does live in the state of California.
A bail bonds reviews is also going to ask for proof of employment. This can be as simple as a current pay stub, but it may also include confirmation of increased hours or an hourly wage increase. These documents are important to show that the arrested individual does have a steady income and will be able to keep up with payments on the bail bond should they fail to appear in court.
What Information is Needed to Secure a Bail Bond?
The collateral that’s put up to secure a bail bond will have to be of sufficient value to cover the amount of the entire bond plus the bond agent’s fee. Ideally, the collateral should be something that’s easy to liquidate in the event of non-compliance. Assets like vehicles and real estate are commonly accepted as collateral because they have a lot of value and don’t depreciate in value very quickly. On the other hand, things like artwork or antiques won’t be considered as acceptable collateral because they can be difficult to convert into cash in the case of non-compliance.
Lastly, any collateral that’s used to secure a bail bond must be something that you own outright and can transfer ownership of. For example, a home that’s jointly owned with another person won’t be a good option because it can take months or even years to sell. Collateral that’s been pledged as security for a loan or other bond may not be eligible either, as the bail bondsman will need to know it can be immediately converted into cash in the event of non-compliance.
Once all the necessary information has been gathered, the applicant will sign some legal paperwork known as a “Bondsman Agreement.” This document stipulates that they’re responsible for the accused individual showing up for their court hearings and outlines what they’ve agreed to put on the line (collateral) in the event of a failure to appear.
If the accused individual does end up skipping out on their court hearings, the bail bond company will hire a bounty hunter to track them down and bring them back to jail. This can be a very expensive process, so it’s best to always show up for your court hearings! If you’re arrested for a crime, call Affordable Bail Bonds for a free consultation. Our team of experienced agents can help you get through this stressful time.