To Understand Bail Bonds Richmond VA Is Worth Visiting

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Title: To Understand Bail Bonds Richmond VA Is Worth Visiting
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To Understand Bail Bonds Richmond VA Is Worth Visiting

By Marci Nielsen


defendants can be released from the custody of police under many circumstances one of them include use of a bail bond. Defendants in question are normally charged with crime and waiting for trial in court. An agreement document needs to be signed by either the defendant, their relative or friend, or a bail bond agent. The document directs the client to forfeit a certain amount of cash upon failure to appear at the trial hearing in court at a later date. When there is need for an agent in bail bonds Richmond VA has to be visited.

People who offer to pay monies needed to release defendants from custody of law enforcement are called bail bond agents. Services of these agents are hired when the crime defendants are being charged with are big, hence attracting huge amounts for their release. Defendants are paid back the total amount they pay down plus 10-20 percent of that amount as charges for services rendered.

All liability owed to the court concerning the bond is transferred to the agent once they are hired by the defendant. In that case, the defendant is a client to the agent. Defendants are usually not released on small amounts of money. The amounts can be overwhelming in certain situations, which requires the agent to be sure that they will be paid back. To be sure, agents require collateral. Collateral puts clients under pressure to honor the agreement between the two parties or they should forfeit whatever they gave up.

Collateral usually comes in many different forms. The client can give away securities, jewelry, or a written guaranty from creditworthy relatives or friends. In case the agent faces any kind of losses, the collateral they hold can be used to service them. Collateral in the form of jewelry and securities may be sold while a written guaranty may be taken to court to retrieve the specified amount.

Agents do not accept all clients, they weight the risks involved. Certain factors such as criminal records, employment, and location of residence are among what agents consider. Clients are classified into good risks and bad risks. Clients considered to be good risks are those with good records of employment and crime and have also resided in the location for long.

On accepting to take a defendant as a client, the agent posts the bond at the court. The court is usually the one in which the client is supposed to come back later for the trial. The amount specified usually corresponds with the nature and degree of the crime. Obviously, defendants on trial for serious crimes are required to pay huge sums.

Upon receiving the bond, a ticket is issued by the court clerk. The ticket or a similar document is sent to the law enforcement officer to let them know that the bail has been met. The law enforcement officers then release the defendant.

When the trial happens and the defendant appears in court, the liability under bail is terminated. Besides this circumstance, another situation under which liability is terminated is if the terms expressed in the agreement cannot be executed. This is possible only if a defendant is imprisoned, arrested, dead, or detained. This may happen in the same jurisdiction or in a different one.




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