When you have been arrested and taken to jail, you can expect to undergo an extensive process that may or may not culminate in your release. You will be fingerprinted, photographed, and booked into jail. You also will have an arraignment hearing during which you will be formally charged and possibly have a bonds amount set for you. Before you make a phone call to a local bail bondsmans in Lake Charles, the judge will typically advise you to read the contract thoroughly to understand to what you are agreeing.
One of the main factors you will agree to is showing up to all of your court dates. The judge overseeing your case will schedule the next time you will be required to appear in court. It could be a week or a month later. It might even be several months later. Regardless, you are obligated to show up and appear in person even if it is a date that is far into the future.
One of the foremost terms stipulated is your obligation to go to all of your court dates. You cannot simply choose not to go. You also cannot leave town in most cases without being considered a fugitive from both the law and the bonds agent. People out on bail who do not show up for court have arrest warrants put out for them, and they are often jailed for absconding.
Likewise, you may be on the hook for making all of your payments to the bonds company. The amount of your payments will depend on how much you borrow from the business. The payments may or may not be based on what you earn and the value of the assets you have available to you.
Surety bonds have to be secured with high credit ratings and plenty of assets. When you cannot meet the criteria, you may have to ask someone to co-sign on it for you. The co-signer agrees to make payments if or when you cannot. However, this person also can get out of the contract easier by telling the agent where you are should you abscond.
To ensure you follow along with what you are agreeing to in the contract, the bonds agent might have you put up some type of collateral. The collateral could range from your paychecks that you earn from your employer to a car or boat with a free and clear title. In some instances, such as you when you are going for a surety bond, you might have to put up your house to secure it.
Forgoing on paying back the money fronted for you opens up the possibility of these assets being seized. Once they are seized, the bonds company can then sell them to recoup some or all of the money you owe it. You will not have the chance to reclaim the assets. They will be lost to you forever.
Once you understand its terms, you can sign and do business with a bail bondsman. It can be the only and best way to get you out of jail. It also means you get to hang onto your assets even if you have to use them as collateral.
One of the main factors you will agree to is showing up to all of your court dates. The judge overseeing your case will schedule the next time you will be required to appear in court. It could be a week or a month later. It might even be several months later. Regardless, you are obligated to show up and appear in person even if it is a date that is far into the future.
One of the foremost terms stipulated is your obligation to go to all of your court dates. You cannot simply choose not to go. You also cannot leave town in most cases without being considered a fugitive from both the law and the bonds agent. People out on bail who do not show up for court have arrest warrants put out for them, and they are often jailed for absconding.
Likewise, you may be on the hook for making all of your payments to the bonds company. The amount of your payments will depend on how much you borrow from the business. The payments may or may not be based on what you earn and the value of the assets you have available to you.
Surety bonds have to be secured with high credit ratings and plenty of assets. When you cannot meet the criteria, you may have to ask someone to co-sign on it for you. The co-signer agrees to make payments if or when you cannot. However, this person also can get out of the contract easier by telling the agent where you are should you abscond.
To ensure you follow along with what you are agreeing to in the contract, the bonds agent might have you put up some type of collateral. The collateral could range from your paychecks that you earn from your employer to a car or boat with a free and clear title. In some instances, such as you when you are going for a surety bond, you might have to put up your house to secure it.
Forgoing on paying back the money fronted for you opens up the possibility of these assets being seized. Once they are seized, the bonds company can then sell them to recoup some or all of the money you owe it. You will not have the chance to reclaim the assets. They will be lost to you forever.
Once you understand its terms, you can sign and do business with a bail bondsman. It can be the only and best way to get you out of jail. It also means you get to hang onto your assets even if you have to use them as collateral.
About the Author:
Learn all you need to know about bail bonds, today. You can also get more info about reliable bail bondsmans in Lake Charles at http://www.lakecharlesbailbonds.com/faq-s now.
No comments:
Post a Comment