Sometimes, people need to bail out of jail but may not have the money to pay it. When someone obtains a bail bond, they may have options to get out of the contract, as mentioned in the video in this article.
Bail Bonds
When someone is detained, the bail bond company posts the bail if the individual can come up with 10% of the bail amount. If the bail is secured, the bond company is responsible for ensuring the person shows up to court and is responsible for the amount paid to the court.
The indemnitor is then responsible for the money owed to the bail bond. Someone other than the person being detained can also be the indemnitor.
This person is liable for any offender appearing in court. If there are any defaults on payments or a non-appearance, the Indemnitor is required to fulfill the total amount owed to the bail bond company and the court.
Canceling Contract
Once a bail bond contract is created, the only way it cancels is if the bail bond company sees fit to do so for a specific reason or if the offender fulfills all court-required responsibilities. Bail bondsman services can provide more details about this matter, so reach out to one today.
