Bail Bonds in Miami FL | How Bail Bond Payment Plans Work
When someone is arrested for a crime, they are held in court until their court date, until they are released on bail or until the judge decide to let them go on their own recognizance. Paying bail to get out of jail may seem like a very simple concept but there is more that goes into the process. If you get arrested, the judge will set an amount of money (bail) that acts as insurance between the court and the defendant. Defendants have the option to pay their bail in cash, but many cannot afford this since bail is often set at a high amount. Most defendants are financially unable to post the required amount by themselves and therefore, hire the services of a company that provides bail bonds in Miami FL.
Bail Bond Basics
Following an arrest, defendants must stay behind bars unless they pay the amount ordered by the court. Rather than staying in jail for days or weeks until trial, a bail bond allows the accused to be released from custody until the court hearing. Bail bonds guarantee that the defendant will appear on the next scheduled court date in exchange for being released from jail. Most people rely on the services from licensed bail agencies to deal with the jail or detention facility. The responsibilities of bail bond agencies include:
- Disclosing up-front costs
- Location of the defendant
- Arranging full payment required for the bail
- Ensuring the defendant’s court appearance
- Explaining bond agreement
- Finding fugitive with a warrant
- Collecting non-refundable service fee
- Holding collateral in trust to recover cost if cannot find the fugitive (can be of anything in value like a car, bank account, property, or co-signers assets
If you have someone to co-sign the bail bond, your bail bond company will take into consideration your co-signer’s credit score to determine your eligibility of a payment plan. Your co-signer must be able to demonstrate financial responsibility.
Need Help with Bail Bonds in Miami FL?
MIA Bail Bonds understand how distressful an arrest can be and families or individuals may not always be able to afford the set amount of bail. If you require bail bonds in Miami FL, contact us today to discuss your options.