When individuals are arrested, often they and their families often are not familiar with bail bonds procedures to get out of jail. The following are answers to questions our customers at ABC Bail Bonds Agency frequently ask.
What is bail?
Bail is the amount of money the judge sets to allow a person to get out of jail before an arraignment or preliminary hearing.
Whether the judge sets bail is based on:
- Type and seriousness of the charges
- Prior failures to appear
- Criminal record
- Community connections
- The probability the defendant will appear in court
What are the types of bail release?
The most common types of bail releases are as follows:
- Cash bail
- Surety bond
- Property bonds
- Own recognizance
- Partially Secured
What is a bail bond?
A bail bond is surety bond that is guaranteed by a state licensed bail bondsman who is backed by an insurance company. The bail agent guarantees the court full payment of the bond if you fail to appear for scheduled court appearances.
What does it cost to obtain a bail bond?
While each state sets non-negotiable bond rates, in New York, the cost of a bail bond is based on a sliding scale that ranging from 6-10%. The cost for a bond between $1000 and $3000, for example, is 10% of the bond amount. Depending on the size of the bond, the fee may be as low as 6% for large bond amounts.
How do I pay for a bail bond?
When the ABC Bail Bonds Agency arranges for bail, we need payment prior to posting a bond. We understand that the cost of the bail bond is more than the amount of cash most people typically have on hand and offer various payment options and payment plans to help you or your family obtain a bail bond. ABC Bail Bonds Agency accepts cash, cashier’s checks and all major credit cards.
May I pay the jail for the full amount of the bail?
Yes, you may pay the jail directly. For a defendant to be released on cash bail, you must post the full amount of the bail with the court in the form of cash or cashier’s check. It is important to check with the bail clerk to verify forms of payment the jail will accept for a cash bond because options and restrictions may vary from one court jurisdiction to another. For large bail amounts, you may expect that the source of funds will have to be verified to ensure that the money is coming from legal sources.
Is the procedure for bailing someone out of jail the same in all states?
Generally, obtaining a bail bond begins with a phone call to a bail bonds agency. At ABC Bail Bond Agency, we will ask for information about the defendant’s situation to determine the risk involved in the bond and begin the bond approval process. Procedures differ from state to state. In New York, bail bond agents have to go before a magistrate to get a bond approved, while in New Jersey, for example, the bond agent goes to the bond clerk at the jail.
Once the bail bond is approved, you will need to sign bail bond documents, i.e. an application, indemnity agreement, promissory note and confession of judgment. After the paperwork is finalized and payment has been made, a licensed bondsman will post the bail bond at the jail.
We specialize in arraignment cases where you can pre-arrange bail so that your loved one can be released from court right after being arraigned.
How is a bail bond process handled if I live in New York and want to arrange for the bond, but the defendant is in jail in another state?
Call ABC Bail Bonds Agency at 718-GOT BOND (468-2663) or (212) 608-6200. One of our agents will be glad to explain the process for a transfer bond. You may arrange a free consultation at our New City office. Once you have signed the required bail bond documents, our insurance company will arrange for an agent to post the bond at the jail where the defendant is being held.
What is bail bond collateral?
Collateral is something of value used to secure your debt obligation and ensure payment, such as cash or real estate. You will need documentation for your collateral, such as a deed to a home or vacant land, certificates of deposit, 401K, stock options, jewelry, or a passbook for a savings account.
As collateral, ABC Bail Bonds accepts real property nationwide as well as Puerto Rico, and Dominican Republic.
If I use collateral for a bail bond, when can I expect to have my collateral returned?
When the defendant’s case has been completed and all financial obligations are satisfied, bail bond collateral is returned to you.
Contact a Licensed Bail Bond Agency in New York
When you need help to obtain a bail bond in New York, New Jersey or any state nationwide or to get answers to your specific bail questions, please call us at 718-GOT BOND (468-2663) or (212) 608-6200. Hablamos español.