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The Basics of Bail and Bail Bonds<\/h1>\n\n\n\n
Bail bonds are formal documents that allow a release from\njail for a person being detained on suspected charges or crimes. Bail is the\namount of money or surety set by the courts. These amounts differ for everyone,\ndepending on the severity of crime, criminal history, flight risk, and more.\nOnce bail is set, a bail bond can be obtained so that a person can be\ntemporarily released from jail to await their following court hearing at home.<\/p>\n\n\n\n
By now, your friend has contacted you to let you know they\u2019ve\nbeen arrested. If you decide to bail them out of jail, you will contact a bail\nbond company at this point in the process. A bail bondsman, or bail agent, is the\nindividual who operates a service that provides bail bonds for people who need\nto turn themselves into authorities, or need a release from jail. They operate\nby lending, or covering, the bail amount for those who cannot afford the entire\nfee upfront, in exchange for a non-refundable fee. So, whatever money you pay\nfor your friend\u2019s bail, you do not get back.<\/p>\n\n\n\n
The\nCost of Bail<\/h1>\n\n\n\n
Bail\nis set at various amounts depending on a long list of factors. The most influential\nfactor is the type of criminal charge. Indiana has a set bail schedule for all\nmisdemeanors and felonies, but judges can modify these set amounts at their own\ndiscretion, based on the factors mentioned before. See our blog, \u201cLocal\nCounty Bail Bond Schedules for Indianapolis<\/a>\u201d to learn the current bail amounts.<\/p>\n\n\n\n The cost of a bail bond is derived by a person\u2019s bail amount\nset by the judge. You see, bail bondsmen charge a certain percentage of the total\nbail amount. So, if a defendant\u2019s bail is set at $10,000, a bail bondsman will\ncharge a percentage of that amount, which is what you will pay. However, bail\nbondsmen cannot fully choose their rates; the Department of Insurance regulates\nhow much a bail bond company can charge for their services. Currently, the\npercentage is set between 10% and 15%, which means a bail bondsman can use\npersonal discretion and charge a client any amount between that range. <\/p>\n\n\n\n You must sign a bail bond contract to bail your friend out of jail, which strictly binds you to certain legal requirements. Signing a bail bond contract means that you are accepting the terms and conditions of the agreement, which includes contractually agreeing to ensure the defendant appears for all scheduled court hearings, as well as, paying the bail bond premium. So if your friend’s bail is set at $10,000, and they do not appear for court, you are legally required to pay all of that back to the bail agent. Furthermore, you would be responsible for tracking down your friend and ensuring they go to court, as well as, paying any fines and related fees for the missed court date. <\/p>\n\n\n\n Call <\/strong> Woods Bail Bonds at<\/strong> 317-876-9600 <\/strong>to talk to a friendly Indianapolis bail bondsman<\/a> about getting your friend out of jail in Central Indiana. Right now, we are currently offering an 8% fee for bail bonds! This is the lowest rate in years, and only available here! That means you only pay 8% of your total bond amount, rather than the standard 10 to 15% rates required across the state. In order to qualify for this low rate, you must meet certain criteria. Call 317-876-9600 today to learn if you can qualify for 8% bail bonds in Indiana! <\/p>\n\n\n\n The decision to bail a friend out of jail, especially if they are a loved one, might feel like an easy one. After all, you wouldn\u2019t think twice to help out a close friend in need; right? Well, if you … Continue reading Bail Bond Contract<\/h1>\n\n\n\n
Where Can I Get Cheap Bail Bonds in Indianapolis?<\/strong><\/h2>\n\n\n\n
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