We have all heard it on the TV or in movies that the person arrested was released on bail. But, what does this entail and how is bail different than bail bonds? When you or your loved one are arrested for a crime, you are going to be held in jail until your court date arrives. As there is a lot of paperwork involved, this can take some time. Instead of waiting in jail during this time, the legal system gives defendants the option of getting out on bail and come to their court hearings. In simple terms, bail is an amount of money that serves as an insurance between the defendant and the court.
Defendants are given the option of paying their bails in cash, but not many have the funds and resources to do so. This is mostly because bail is often set in tens of thousands of dollars and not everyone has the finances of paying that kind of money. Does that mean they stay in jail? No, this is where they seek the assistance of a bail bondsman or agent who can post a bail bond for them. This is basically a surety bond that’s provided by a bail bond company via their bail bondsman that can secure your release from jail. Whether you want CT bail bonds or anywhere else, there are two kinds available:
Criminal Bail Bond: As the name indicates, these are only applicable in criminal cases and guarantee that the defendant will make an appearance when they are called by the court for their trial. It also acts as a guarantee that if the defendant doesn’t appear, the CT bail bonds service will be liable for any penalty or fines that might be imposed.
Civil Bail Bond: These bonds are applied in civil cases and they are a guarantee of payment of any debt assessed against the defendant, as well as interest and other costs associated with it.
The bail amount is usually decided by the judge and CT bail bonds services are only needed if the defendant cannot pay their own bail. 10% of the bail amount is typically charged by a bail bondsman and the rest of the amount is secured in the form of collateral. In situations where the defendant doesn’t have enough assets to be used as collateral, the bail bondsman can consult their friends or family for same. What happens after an agreement is made totally depends on the defendant and their decision to appear or not to appear in court later on.
If the defendant doesn’t appear, the bond will be forfeited and the remaining amount of bail is to be posted. Here, the CT bail bonds service uses the collateral of the defendant to make the payment. If the defendant fulfills their terms, the bond is dissolved at the end of the trial and collateral is returned to the defendant. The 10% fee charged by the CT bail bonds service is their profit.