Not everyone who gets arrested has a job or good credit, but these two things are common criteria necessary to secure a bail bond. However, with the help of a potential co-signer and collateral, securing a bail bondsman in DeKalb County is possible for offenders who have no income and less-than-average credit. Here’s how it works.
Bail
Bond Premiums
A
bail bond premium is the cost of the service, a nonrefundable bond
agent’s fee. The bail bond assures the court that the agent shall
handle payment of full bail if the defendant flees from trial
proceedings.
To protect their investment, bond agents often require gainful employment and good credit from those seeking a bail bond. For those who do not meet these criteria, securing a bail bond would have been impossible until now.
Co-Signers
& Collateral
A
bail bond co-signer is an additional party with either gainful
employment and/or good credit. The co-signer, called a
guarantor/indemnitor, agrees to ensure the defendant attends court
dates. The co-signer also agrees to handle paying bail in full if the
defendant does not appear.
Collateral contributes another layer of protection for the bond agent. Collateral refers to valuable items that can be liquidated to either pay the bail bond premium or full bail if the defendant proves to be a no-show. The going rate for bail bond premiums is 10% to 15% of the full amount of bail. Average release times after posting a bail bond range from two hours to two days.
If you need a bail bondsman in DeKalb County, you can visit Free at Last Bail Bonds. Their bail bondsman will guide you through the process, answer your questions, and work quickly to facilitate the release of your loved one.
