Points on Connecticut Bail Bonds Group
Bail bonds’ cost can vary depending on a number of factors. Some of these factors may include the following:
-Whether or not you use a Bail Agent
-The amount of the defendant’s bail
-The state you live in
-Whether you use a credit card or take out a loan to pay the bail, fee, and/or other related costs.
-Whether the defendant flees and either forfeits bail or must be apprehended by your bondmen
-Each of these situations can make cost more or less.
Bail Bondsman Fees
If you decide to use a agent, you can expect to pay a non-refundable fee that varies from 10% to 15% of the face value of the bail bond. This fee covers the services in securing your bail bond and providing oversight of the defendant throughout the judicial process. The exact percentage of the fee varies based on where you live since each state sets the fee that may charge for their services. In Nevada, the fee is set by law at 15%. Do you want to learn more? Click Connecticut Bail Bonds Group.
Other Cost Factors
Other charges that are typically added to your bail bond’s cost are a non-refundable sheriff’s fee, which can cost about $10, and, if you use a bail bond, a non-refundable $25 to $35 fee charged by the insurance company that underwrites your bond through your bail bond agent. Both charges are in addition to the 10% or 15% fee for services rendered.
Those who choose to fund their defendant’s bail in some other manner than by using or to pay it directly, will not be subject to the insurance fee or the fee but will still be required to pay the sheriff’s fee, in addition to posting the full amount of the bail in one of the forms allowed by law and accepted by the court or jail in the jurisdiction in which the defendant is detained.
Should you choose to fund your bail bond with a credit card (in areas where this form of payment is accepted), you will also incur any interest charges that may come due on the amount(s) charged.
Bail Bond Forfeiture and Defendant Apprehension Costs
If the defendant fails to show up for court, you risk losing the entire amount of the bail money or collateral you’ve deposited with the court or the to secure your bond, which would ultimately add a great deal to the typical bail bond’s cost. Often forfeiture can be avoided if your agent is able to locate and work with the defendant to ensure compliance. If the defendant disappears and must be apprehended by the bail bondsman, you will be responsible for the costs incurred by the bondsman in locating and bringing the defendant back to the court’s custody.
Return of Bail Money or Collateral
Provided the defendant complies with all court requirements and shows up for all court proceedings, your bail money and/or collateral on deposit with the court or the bail bondsman will be returned to you at the conclusion of the case. This, of course, excludes any of the non-refundable charges mentioned above.