If you or a loved one has been arrested for an offense, there is a need to ensure that you provide them with all the help they need to get out of jail, especially after their bail condition has been set.
However, for most people, it’s not only about getting affordable bail bonds in CT from Connecticut Bail Bonds Group. Some people are unfamiliar with the process of securing a bail bond and have several questions regarding the process.
To help you better understand bail bonds, below are answers to some of the most frequently asked questions.
1. What is a Bail Bond?
Bail bonds are conditions, restrictions or sums of money placed on an individual who has been arrested. The condition or sum, when met allows the arrested person a chance to regain his or her temporary freedom while the case is being tried in court. Bail bonds can only be secured after the defendant has appeared in court and his or her bail conditions have been set by the court. There are several types of bail bonds that can be secured for the purpose of restoring temporary freedom to a defendant.
2. Can a Bail Bondsman Help Me?
A bail bondsman in Connecticut can help an arrested person or their family members seek freedom by processing the bail which has been demanded by the court. A bail bondsman can help the arrested person by lowering or increasing the sum which has been set as the bail conditions for their release.
3. How is the Price of Bail Bonds Determined?
The price of bail bonds is also known as the premium. Premium is regulated by the Connecticut Insurance Department (CID). All bail bondsman in Connecticut are bound to honor the regulations and rules that have been set by the CID to ensure uniformity. Speak to your local bail bondsman or get affordable bail bonds in CT from Connecticut Bail Bonds Group.
4. Do I need Collateral to Secure a Bail Bond?
In some cases, collateral security may be required as part of the bail bonds process. Cases that require collateral security may involve the type of offense that has been committed by the defendant, the amount set as bail conditions, or the chances that the individual may most likely not appear in court on the set date.
In cases where the bail bondsman identifies that the detainee is a high-risk customer, meaning they stand a high chance of jumping bail, there is a high chance that collateral may be demanded. Also, if the detainee is from another state or resides in another state, collateral may also be detained.
5. Do I need to have a Cosigner?
In most cases, a bail bondsman may require that you have a cosigner. A cosigner may be needed for a number of reasons ranging from the amount which has been set in bail bonds, to other reasons. In some cases, the bail bondsman may not require a cosigner, especially if the signature of the signer is enough to guarantee the bail.
6. Who is to Pay the Balance on Bail Bonds?
A signer or an individual who is securing the bail bonds is tasked with the responsibility of paying the balance on the bail bond. However, when such a primary signer is unable to meet up with the financial demands, the co-signer may be required to pay up the balances. Please note that all parties involved in the process, including the person on whose behalf the bail bond has been secured, are responsible for paying the outstanding balance.
7. As a Cosigner, What Happens if the Defendant Does not Appear in Court?
As a co-signer, you are financially liable and as thus, if the detainee fails to honor his or her court date or skips bail, then you will be held liable by the bail bonds company. Please note that you stand a chance to forfeit the amount that has been posted in bail and other additional costs associated with the case if such a person skips bail.
8. Do I have to Disclose Personal Information on the Bail Bonds Application?
A bail bonds company gathers personal information of both the defendant and the co-signer before the bail bond is executed to ensure that all signers can be held liable for any offenses committed later in the future. As part of the bail bond application process, all signers will be required to provide certain information including their names, date of birth, addresses, employment details, social security, and other personal information.
If you or a loved one has been arrested, secure affordable bail bonds in CT from Connecticut Bail Bonds Group.