Not many people enjoy being arrested, however, if you have been arrested, you probably want out of jail fast and a Bail bond St. Pete, FL can help you do just that. This is a way you can have the financial mechanism in place for the bond that the court has set for you to be paid, typically by a bail bond. The question is, how does this work, how do bail bondsmen make money, how does the state factor into it and what are your responsibilities when accepting a bail bondsman’s offer to make bail for you.
First thing to understand is the state is looking for the assurance of you returning to court at your appointed time. Bail helps them to do this. Now, if you have your bail posted by a bail bondsmen, the state receives the money and holds the Bail bond in St. Pete, FL until your scheduled court date. In addition, the bail bondsmen will charge you roughly 10 to 15% of the amount of bail that they posted to have you released from jail. In some states, like Florida, the minimum fee that bail bondsmen will charge is $100.
If you don’t appear before the court, the court takes the original money that was posted and issues a bench warrant for your arrest. In some cases, you may think the bail bondsmen are out the money they posted for bail. However, most bail bondsmen are in the practice of taking collateral for the posting of your bail.
In some cases, collateral is the only way they can recoup any sort of money. For example, if your bail was posted at $200,000, you or a friend or family member may not have $20,000 to pay the bail bondsman’s fees. In this instance, the bail bondsmen may take the deed to your home, vehicle or boat. If you fail to show up for court, the court gets the bail bondsman’s money and the bail bondsmen get your collateral.
You need to be aware of the fees involved in a Bail bond St. Pete, FL service and you also need to be aware that you appearing before the court is important. If somebody has placed personal possessions as collateral to meet your bail, you don’t want to jeopardize them losing their possessions by you being irresponsible. Visit Omarsbailbonds.com for more details.
