If someone gets arrested, they may be able to secure a release from jail by posting bail—a fee that guarantees their appearance at a future court date. The rates can be very high, though, and it’s not always feasible to pay them in cash. In these scenarios, the best course of action is to acquire a secured bail bond from a licensed and insured bonding company. If you or a loved one ever requires this service, here’s what you need to know about the process.
Types of Bail Bonds
Like other loan types, bail bonds often need to be secured. The security will vary depending on the severity of the alleged crime and the defendant’s ties to the local community. For example, a petty theft might not require any security, qualifying the accused for a signature bond, in which they sign a promise that they’ll return to court. Bail bonds for a more serious crime, however, may need to be backed by collateral, such as a valuable object, vehicle, or real estate, and the person securing it must pay a certain percentage up front.
Securing a Bail Bond
If you need to secure a bond for a friend or loved one, you can call any time of day, as most companies are on-call 24/7. Over the phone, you will need to provide certain information, including the defendant’s full name, jail location, the charges, and their booking number. In most cases, the agent will meet you at the jail to post the bond, though other arrangements can be made if necessary. Afterward, the defendant must show up on time for their court date or stand to lose their collateral.
If you’re looking for a licensed and insured bail bond agent, get in touch with the team at the Allied Bonding Company. The professionals are located in Lexington, NC, and have been serving the Piedmont Triad area for over 15 years. To speak with a representative, call (336) 239-2270 today, or visit the bonding company online for more information about them and the services they provide.