Bail Bond Services for Buffalo, NY; Syracuse, NY & Surrounding areas
How Bail Works?
If you have never had to bail someone out of jail, you might not know what a bail bond is and how the bail process works. Keep reading for the basic information about the bail bonds, and please call us @ (716) 713-5040 if you need more information.
What is Bail?
Bail is some form of property given to court to encourage the release of a defendant from jail. This ensures that the defendant returns to court for trial or they will forfeit the bail.
What is a Bail Bond?
If the defendant does not have the money or the assets to pay the full amount they can use the services of a bail bondsman. Cost of bail typically ranges from 8% to 15% of the full bail amount but can vary from state to state.
The amount for a bail up to $3,000 is 10% of the bail amount. After that, up until $10,000 you're only paying 8% of the bail amount. After $10,000 the percentage goes down to 6%. For example, a $10,000 bail is $860 while a $20,000 bail is only $1,460.
This fee goes to the bail agent, who then provides the Bail Bond. The bond acts as insurance that the defendant will show up for all court dates. If the defendant does not show for court, the agent then becomes responsible for the full bond amount.
What is collateral?
Collateral is used to cover the remaining amount of the required bail as extra assurance that the defendant will present for the required court dates. Collateral can come in the form of property (homes, cars, etc.) investment accounts, or other items of value. Collateral will be returned once the Bail Bond has been exonerated and the defendant has fulfilled all obligations. If the defendant fails to appear or meet all legal obligations until the case is resolved, the collateral can be sold to cover the bail amount.
Our Bail Bondsmen Can Answer Any Questions You May Have
Do I get my money back after the case is over?
The premium you pay to a bail agent is non-refundable. It is the fee for the agent’s services and will not be returned to you.
What information should I have ready for the bail agent?
A bail agent will likely ask you to provide the following information about the defendant, which you should be able to get by contacting the jail where the person is being held:
City, state and the name of the jail
Defendant’s full name and booking number
Are some bail agents less expensive than others?
Some bail agents are licensed to write bonds for 8% of bail amount instead of the typical 10-15%. Outside of the 8% fee, it is illegal for bail agencies to offer you discounted premiums because the premium amount is set by the department of the insurance.
Why should I work with a bail agent?
Besides the fact that obtaining a Bail Bond is more affordable than paying full cash amount to the court, bail agents are on your side. They can help you avoid confusion, and they are skilled at getting your friend or loved one released from jail quickly and making sure the person attends court appearances. An experienced, professional bail agent can be one of your most valuable resources during this stressful time.
For more information on Bail Help in Buffalo, NY, give us a call or contact us.
Buffalo Location | 112 Franklin St. | Buffalo, NY 14202 | 716-713-5040
Syracuse Location | 404 Oak Street Suite 292 | Syracuse NY 13203 | 315-775-7131