If you have questions about the bail bond process and the cost to obtain such services, you are in the right spot. Just continue reading to get some helpful answers to your bail bond questions.
How Much Does a Bail Bond Cost?
Bail bonds require a non-refundable payment called a bail bond premium. Across the country, the standard rate for bail bonds is 10 to 15 percent of a defendant’s total bond amount. But at Woods Bail Bonds, we offer 8% bail bonds in all Indiana counties!
Here’s an example for a $5,000 bond:
Total Bond Amount = $5000
15% Bail Bond Fee = $750
10% Bail Bond Fee = $500
8% Bail Bond Fee = $400
How is a Bond Amount Set?
A defendant’s bond amount is fixed by the court in the county of the charges. It is dependent on several factors, including the severity of the charges, criminal history, flight risk, and more.
What Does it Mean to Be “Booked” or “Processed” in Jail?
Once a defendant is arrested, they are transported to the nearest county jail. When they arrive, they must wait their turn to be “booked and processed” by jail staff. Depending on a number of factors (sobriety, behavior, jail traffic, number of staff available, etc.), this process can take anywhere from one hour to 24 hours or more. Upon good behavior and sobriety, the booking process can begin. It generally includes:
✒ Confiscation and Cataloguing of Personal Belongings
✒ Weapons Check
✒ Warrant Check
✒ Background Check
✒ Finger Printing
✒ Mug Shot
✒ Jail Database Entry of Defendant’s Profile
✒ And More
Can I Be Denied a Bail Bond?
There are two circumstances in which a defendant could not obtain a bail bond. First, they can be denied bond by the court as a result of their criminal history or severity of charges. In this situation, the defendant must wait in jail until their initial court hearing, where they could be ordered back to jail or granted the right to bail. On the other hand, even if a court sets a defendant’s bond, they can be denied service by a bail bond company if they are considered a flight risk, or have a history of “skipping” bail.
What Information Do I Need to Bail Someone Out of Jail?
If you are assuming the responsibility of signing for a friend or loved one’s bail bond, you are taking on a very serious legally-binding obligation. In order to expedite the process, you will need to gather the following information to give to your bail bondsman:
✒ Full Name
✒ Booking Number
✒ County of Arrest
✒ Arrest Charges
✒ Bond Amount
Who is Liable for a Bail Bond?
The co-signer, or indemnitor, is responsible for the full face value of the bail bond, which is the total bond amount. So if a defendant’s bond is set at $5,000 and you co-sign for their bail, if they do not appear for court you will be legally-bound to pay the entire $5,000 or face legal penalties yourself. This is why it is so important to only co-sign bail bond agreements for close friends and family, or people you know you can trust. Never sign for a person you have just met or only known for a short while.
Can I Get a Refund for a Bail Bond?
No; once the bond is posted and accepted by the court or county jail, liability is taken on the bail bond. Since this means the bail bond premium is fully earned, there is no possibility of a refund. The only way the cost of a bail bond is refunded is if the bail agent makes an error that inhibits them from providing their service. Keep in mind that this rarely ever happens.
What is Collateral?
Collateral might be required by a bail bond company under special circumstances, but usually it is not necessary. Collateral can be money, assets, property, and more. The collateral is held until the bail bond is exonerated and the premium is paid in full.