| |
Nationwide Bail Bonds Company
|
Bail Bonds Bondsman Bond Companies
Bond Premiums
Bail bond premiums typically are based on
10% of the total bail amount. There are some types of bail bonds like
federal and immigration bail that carry fee's ranging from 15% to 20%
depending on your state.
Surety Bonds
Surety Bonds are contracts guaranteeing that specific obligations will
be fulfilled. The obligation may involve meeting a contractual commitment,
paying a debt, or performing certain duties. Under the terms of a bond,
one party (the bail bond company) becomes answerable to a third party (the
court) for the acts or neglect of a second party (the defendant).
Under modern surety-ship, an insurer’s promise of performance is available
to meet a wide variety of business, governmental and individual needs.
Surety bonds are required in a significant number of business transactions
as a means of reducing or transferring business risk. State and federal
government agencies require surety bonds for the purpose of reducing
public responsibility for the acts of others, and the courts require bonds
to secure the various responsibilities of litigants, including the ability
to pay damages.
A typical surety bond identifies each of three parties to the contract and
spells out their relationship and obligations. The parties are:
1. A Principal – The party who has initially agreed to fulfill the
obligation which is the subject of the bond. Also known as the Obligor. In
bail bond maters this is the defendant.
2. An Obligee - The person or organization protected by the bond. This
term is used most frequently in surety bonds. This is the court where the
bond is posted.
3. A Guarantor and Surety – This is the imdemnitor or co-signer on the
bond and the bail bond company issuing the bond or surety company.
Bail Bonds
Most people are familiar with bail bonds. Someone arrested on a criminal
charge may be held until trial, unless they furnish the required bail. The
posting of a bail bond acquired by or on behalf of the incarcerated person
is one means of meeting the required bail. When a bond is issued, the
bonding company guarantees that the defendant will appear in court at a
given time and place. The Government entity (state or federal) in whose
court the defendant must appear, is protected by the bond given them by
the bonding company. If the defendant fails to appear, the bond amount
becomes forfeited and payable. A surety insurer issuing the bond usually
requires collateral (cash, a deed, or other property) to protect the
surety’s interest.
Bail bonds are issued by licensed "Bail Agents" who specialize in the
underwriting and issuance of jail bail bonds. Bail agents act as the
appointed representatives of licensed surety insurance companies.
24-hour bail bond service - Bail bondsman always on duty! Friendly bail service!
Contact a Bail Bond Information Source BailBonds representative 24
hours a day, for ANY bail bond related questions or help at
1-800-224-5937. State, Federal and Immigration bail bonds. Felony
drug possession, traffic, domestic violence, DUI / DWI bonds 24 Hours a
day, 365 days a year!
!
Se Habla Español
!
" LLamanos Hoy "
THE BAIL BOND
INFORMATION SOURCE
1-888-224-5937
!
Se Habla Español
!
Site Map
Nationwide bail bond companies
Florida Criminal Attorneys
|
THE BAIL BOND
INFORMATION Resource Site