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defendants can be released from the custody of police under many circumstances one of them include use of a bail bond. Defendants in question are normally charged with crime and waiting for trial in court. An agreement document needs to be signed by either the defendant, their relative or friend, or a bail bond agent. The document directs the client to forfeit a certain amount of cash upon failure to appear at the trial hearing in court at a later date. When there is need for an agent in bail bonds Richmond VA has to be visited.
Bail bond agents are kinds of agents that offer the kind of money that is needed in order for a defendant to be released. Since many defendants usually lack the amount of money needed, especially if the crime is a serious one, they usually seek the services of an agent. Usually the agent is paid an amount of money that is equal to between ten to twenty percent of total amount paid.
The liability of paying the amount needed by the court should the individual fail to appear for trial shifts to the agent once they agree to offer their services to the defendant. Defendants usually become clients. However, agents do not agree based on the word of mouth alone, they need collateral to guarantee that they will be paid for the amount of money they will have to pay to a court.
One can give collateral in many different methods. Agents accept securities, jewelry, written guaranties from credit-worthy individuals, and title deeds. All possible risks arising from the agreement are covered by collateral. Usually the agent sells the property to retrieve what is owed to them. In the case of written guaranties, they may sue the guarantors to retrieve their money.
Agents do not accept all clients, they weight the risks involved. Certain factors such as criminal records, employment, and location of residence are among what agents consider. Clients are classified into good risks and bad risks. Clients considered to be good risks are those with good records of employment and crime and have also resided in the location for long.
On accepting to take a defendant as a client, the agent posts the bond at the court. The court is usually the one in which the client is supposed to come back later for the trial. The amount specified usually corresponds with the nature and degree of the crime. Obviously, defendants on trial for serious crimes are required to pay huge sums.
Upon the reception of the bond, a ticket is issued by the court clerk. The ticket notifies the police that the defendants has met the bail and is free to go. Following that notification, the police are obliged to release the defendant with immediate effect.
When the trial happens and the defendant appears in court, the liability under bail is terminated. Besides this circumstance, another situation under which liability is terminated is if the terms expressed in the agreement cannot be executed. This is possible only if a defendant is imprisoned, arrested, dead, or detained. This may happen in the same jurisdiction or in a different one.
Bail bond agents are kinds of agents that offer the kind of money that is needed in order for a defendant to be released. Since many defendants usually lack the amount of money needed, especially if the crime is a serious one, they usually seek the services of an agent. Usually the agent is paid an amount of money that is equal to between ten to twenty percent of total amount paid.
The liability of paying the amount needed by the court should the individual fail to appear for trial shifts to the agent once they agree to offer their services to the defendant. Defendants usually become clients. However, agents do not agree based on the word of mouth alone, they need collateral to guarantee that they will be paid for the amount of money they will have to pay to a court.
One can give collateral in many different methods. Agents accept securities, jewelry, written guaranties from credit-worthy individuals, and title deeds. All possible risks arising from the agreement are covered by collateral. Usually the agent sells the property to retrieve what is owed to them. In the case of written guaranties, they may sue the guarantors to retrieve their money.
Agents do not accept all clients, they weight the risks involved. Certain factors such as criminal records, employment, and location of residence are among what agents consider. Clients are classified into good risks and bad risks. Clients considered to be good risks are those with good records of employment and crime and have also resided in the location for long.
On accepting to take a defendant as a client, the agent posts the bond at the court. The court is usually the one in which the client is supposed to come back later for the trial. The amount specified usually corresponds with the nature and degree of the crime. Obviously, defendants on trial for serious crimes are required to pay huge sums.
Upon the reception of the bond, a ticket is issued by the court clerk. The ticket notifies the police that the defendants has met the bail and is free to go. Following that notification, the police are obliged to release the defendant with immediate effect.
When the trial happens and the defendant appears in court, the liability under bail is terminated. Besides this circumstance, another situation under which liability is terminated is if the terms expressed in the agreement cannot be executed. This is possible only if a defendant is imprisoned, arrested, dead, or detained. This may happen in the same jurisdiction or in a different one.
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