|
Frequently
Asked Questions
What
is the purpose of a Bail Bond?
What is the advantage to posting Bail?
What
is the Premium?
What is Collateral?
What is an Indemnitor or Cosigner?
Who regulates Inland Empire Bail Bonds?
What are Inland Empire Bail Bonds business
hours?
Can Inland Empire Bail Bonds post bail for
my family member who was arrested in another state?
I'm in another state. Can Inland Empire Bail
Bonds post bail for my family member who was arrested in California?
--------------------------------------------------------------
What
is the purpose of a Bail Bond?
The purpose of a Bail Bond is to guarantee to the court that the
person being released on the bail bond will make all of their
required court appearances.
What
is the advantage to posting Bail?
When you post bail, the defendant's first court date changes from
3 days to 1 month. This gives the defendant more time to prepare
their case. Posting bail also lets the defendant continue to live
their normal life while fighting the case. This would allow them
to continue working without putting their job in jeopardy.
What is
the Premium?
In California, the cost of the bail bond which is called the Premium
is generally 10% of the total bail amount.
For example, if bail is set at $10,000 the premium would be $1,000.
This is the amount charged by the bail bond company to put up
the bail bond for the full $10,000 so that your friend or family
member can be released. You do not get this money back. The premium
is fully earned upon the release of the accused.
What is
Collateral?
As Indemnitor, you are financially responsible for the bail bond.
As long as the person you bail out makes all of their court appearances,
you will not have to pay any money in addition to the premium.
If the person is simply late to court or has a valid reason for
not being there, we can usually get them back into court without
additional expense to you. If the person skips bail and we are
not able to return that person to court, you will be required
to pay the full amount of the bail. If we are able to return them
to court, you will be required to reimburse us for actual expenses
incurred. Collateral is money, property, etc. that you deposit
with the bail bond company. The collateral is held until the bond
is exonerated and the premium has been paid in full.
Often times, people own homes but do not want to sign on them.
We take a quick application to determine if we can do this for
them.
Other factors
may determine if collateral will be required:
1. Accused person's past arrest history
2. Whether or not accused person is local
3. If Indemnitor is employed
4. How Indemnitor is related to the accused
5. How long Indemnitor and accused have they known each other
What is
an Indemnitor or Cosigner?
An Indemnitor or Cosigner is a person who agrees to be financially
responsible for the full amount of the bail bond in the event
the defendant fails to make a court appearance and cannot be returned
to court. An Indemnitor is responsible for paying any costs incurred
as a result of the defendant missing a court date. If there is
more than one Indemnitor on a bail bond, they are jointly and
severally liable. This means the money could be collected from
one or both of them.
Who regulates
Inland Empire Bail Bonds?
The Department of Insurance is responsible for the regulation
of bail agents in California.
What are
Inland Empire Bail Bonds business hours?
We are open 24 hours a day, 7 days a week including holidays.
We are always happy to take your call and assist you in any way
we can.
Can Inland
Empire Bail Bonds post bail for my family member who was arrested
in another state?
We have bail bond agents in most states that allow bail bonds.
Call for availability in a particular area.
I'm in
another state. Can Inland Empire Bail Bonds post bail for my family
member who was arrested in California?
We usually are able to, but we will need more information from
you to determine if we can help you. Please call for a free bail
consultation.
Contact
us for immediate, confidential no-cost consultation:
1-951-471-3456 or 1-888-574-BAIL(2245)
|