How does a Bail Bond Work in the State of New York


Posted December 18, 2018 by abailcojoe

Most friends or loved one of the detainees, and even the detainee himself or herself, cannot understand how bail bonds really work. Here we give you a basic information about bails and about paying bails through a New York bail bond agent.

 
Most friends or loved one of the detainees, and even the detainee himself or herself, cannot understand how bail bonds really work. Here we give you a basic information about bails and about paying bails through a New York bail bond agent.

Bailing in New York is not something that can be taken for granted. At the arraignment, if a case is not closed, the judge in the courtroom must determine whether the accused remain free for a certain period of time and in what condition. He will decide if he will be released on bail in cash or in bond.

Cash bail is bail paid in cash presented in jail in order to obtain the release of the accused while his case is progressing. If the accused makes all appearances to the court he will get a refund of his cash bailed less 3% if the verdict is guilty. The money is forfeited if he fails to appear in one of the court hearing. Cash Bail is usually set below the bond amount.

Bail bonds, on the other hand, is a promise by a company to pay the city criminal court the amount of the bond if the accused fails to come back to court after he or she is being released. The bail bond company guarantee the presence of the accused in court. A New York bail bond agent can usually be found nearby criminal courthouses. A family or friend needs to apply to a licensed bond agency in order to post a bail bond. By signing for the bail bond, the person pledges that the accused will make all appearances in court otherwise they will pay the full face value of the bond. However, the upfront cost of the bail bond is far less than the bond’s face value. We can break the cost in premium or in collateral.

The premium fee is set by New York State Law and is below 10% of the bond amount and is never refunded. While if you post for collateral the bond amount is refunded at the end of the case as long as the accused abides by the terms given by the bond agency. Collateral may be required by the judge or in some cases is required by the bondsman to reduce the risk. Once the family signs necessary documents and agrees to the term of the bond, the bond agent must present it before the judge for approval. If it is approved, the judge will sign the release slip and present it to the Court for the release of the accused detainee. The bond is active until the case is complete and the verdict is given. If the defendant fails to appear the agency will revoke the bond and dispatch an agent to bring the accused back to court. By revoking the bond the accused will no longer be able to get a refund of the bond and he/she will be returned to jail until his/her case is done.

Bailing in New York will become much easier if you get the help of A Bail Company, Inc. Contact them here and get the consultation that you need today.
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Issued By Joe Bunk
Phone 585-749-7879
Country United States
Categories Finance , Law , Legal
Tags abail company , bail company in new york , bailing company , bailing in new york , new york bail bond agent
Last Updated December 18, 2018