When it comes to attaining a bail bond, one of the most important things to understand is how exactly the process works and why it is in place. It can be simple to understand how having a financial incentive can make sure that your day in court is attended, but for those who haven’t gone through the process before, it can be little vague. This is the reason we provide you with the needed information at Lubbock Bail Bonds Co. on this website and in person.
The exact figure that is presented to you when you have your bail amount set by the courts is the amount you would pay if you were to pay the whole amount yourself. However only 10% of the total amount is required when you obtain the services of a professional bonding company - you pay this directly to your bondsman, i.e. to us. By working with a bondsman the pressure of getting the required finances in place quickly can be alleviated, and you can gain your freedom asap. This means more days free before day in court.
Your bonding company will be paid one percent of the total bond amount; the remaining amount will be covered by some form of collateral. It may be bank security, vehicle, home, or other means; this additional collateral will be used in covering the remainder of the cost of your bond. You can count on our professionals because finding collateral can be sometimes difficult; they will work with you and ensure you have the collateral required combined with percentile payment for obtaining interim freedom.
SHOWING UP FOR YOUR COURT DATE
People will regularly ask us, “how do bail bonds work if I make my court appearance?”. This is the most straightforward aspect of the bail bond process When the day arrives, the collateral and the financial payment you made is a surety that you will stand before a judge, and if you do so, then the payment you made and your collateral will be turned over to you. 10% of the payment will be deducted as a means of covering the cost of posting the bond for you and covering our services.
FAILING TO APPEAR IN COURT
The deposit made on your bail bond will be forfeited in a situation where an individual fails to show up in court for their case. In addition the remaining value secured by the collateral will also be forfeited. If this does happen, by working with Lubbock Bail Bonds Co. we will make sure the that only the amount of the bail bond is taken and not a cent less.