Keep Bailing

Bail Bonds Demystified

If your friend or family member is arrested, they could be stuck in jail for days, even weeks.  Posting bail is a fast, easy way to get them released until they must return to court.

You may already know that a bail bondsman is the person who goes to the jail to secure that release with a bond.  But do you actually know what a bail bond is and how it works?

A Bail Bond Is…

A bail bond is a paper document, much like a bank check, that is recognized by our courts.  People should not write checks unless they have provided enough money in their bank account to cover them.  A bail bondsman also makes a monetary promise that says: I guarantee the defendant will appear in court whenever a judge requires, on a specific date and time, or I will cover the entire amount of his bail.

Responsibilities When Co-Signing

But this promise is too risky for a bail bondsman to make alone, so they only post bonds after a defendant, friend or family member contacts the bondsman and agrees to become the bond’s co-signer, or “Indemnitor.”   By signing a bail bond contract, Indemnitors also guarantee to help find the defendant if court is missed or pay the full amount of the bail, if the individual cannot be found.

An Indemnitor has to be in a position to offer a bail bondsman something in return if the defendant misses court.  The bondsman considers the character of his co-signer up, making a calculated judgment call based on his experience.  He often asks potential Indemnitors if they have a job and for how long.  Do they have good credit? Are they homeowners? Etc. Etc.  The questions a bondsman asks help him determine whether or not they are the kind of stable, trustworthy people he is willing to write a bond for.  In addition, an Indemnitor’s involvement encourages the defendant to remain committed to his part of the bargain.  Let’s face it, who wants to stiff someone they care about, that helped get them out of jail?

Bondsman Responsibilities

The minute a defendant is released, the jail no longer has authority over him.  He is now considered to be the property, or “chattel“, of the bail bondsman.  This rule dates back to 13th century England, where the custom of bail first started, but today it simply means the bail bondsman has legal authority over the defendant.  His freedom is guaranteed — unless the bondsman revokes it for breaking the law or their bail contract.  If the defendant bolts, the bondsman can also hire a bounty hunter to re-arrest him.

Bail Forfeiture

If the defendant misses his court date(s), it’s called a “forfeiture.”  Using our check analogy, the bail becomes a “bad check” that needs to be covered.  And it’s the bail bondsman who is responsible for it, in full, to the court.  Fortunately, he has the Indemnitor who co-signed the bail bond, to collect that payment from.  And to further hedge his bets, when he deems it necessary, our bail bondsman has already gotten the Indemnitors commitment of collateral (like property) and a premium payment (10% of the bail amount).

But where does a bondsman get the cash he needs to cover an entire bail amount, which can sometimes be hundreds of thousands of dollars? Bail bondsmen contract with specialized insurance companies called sureties that underwrite bonds.  So not only are bail bonds like checks, they’re an awful lot like insurance policies, too.  If neither the Indemnitor nor the bail bondsman can pay the full bail amount, the court holds the insurance company responsible.

Bail Exoneration

But when a defendant keeps his court dates, the bond is “exonerated” or completed.  The bondsman returns all of the Indemnitor’s money and/or property, except his 10% cost-of-service fee.

Put Us On Speed-dial

In conclusion, a simple way to remember how bail works is with this little saying:  You don’t  have time to waste in jail, so get a bondsman to post your bail.  He’s the man with the can opener!

Oh, and you may also want to keep this number handy: 888-Bail-Bond (1-888-224-5266). It’s the phone number of Greg Rynerson Bail Bonds — my agency.  Because… well, you never know…