Many times, we hear people say that they are released from jail but on a (cash amount) bail. When someone is convicted of a crime, they are held in jail until they reach their court date, and then the judge will either release them on bail or let them go. A bail means they either have a lump sum to pay before they are released, or they can just walk. Alabama Bail Bonds is known for leading bail bonds in Tuscaloosa, AL.
Bail is an amount of money acting as a sort of insurance between the court and the arrestee. When the person is unable to come up with the amount of cash their bail was set at, they hire a bail bondsman. This person posts bail for them. This bond is a type of bond that secures the release of the person from jail.
There are two types of bail bonds. The first type is a criminal type, which is used in criminal cases, and the defendant must agree to appear at trial when necessary and must pay any fines or penalties. The other type is a civil type which is used to ensure the payment of any debt plus interest against the defendant.
If the defendant cannot pay the amount set by the judge, a bail bondsman usually takes over. The defendant usually is required to pay 10% of the bail amount to post a bail bond. The rest will then be covered by collateral either by the defendant or even some friends and family of the defendant. If the person doesn’t show up for court, the collateral will then be used by the bail bondsman to pay the remaining balance. If the person does show up, they will receive the collateral back, but the bondsman keeps the 10% profit. For any more information, you can contact Alabama Bail Bonds in Tuscaloosa, AL.
When you or your loved one winds up in jail, your first call should be to Alabama Bail Bonds. We understand how stressful it can be trying to navigate the bail bonds process. Count on a licensed bail bondsman to make the process as easy as possible for you.