Common Bail-Related Terms to Know

Downey Bail Bond Store

Understanding bail and bail bonds is like trying to understand a new language for most people. With professional help from Downey Bail Bond Store, everything is clearer and makes more sense. Plus, bail is met sooner and smoother, with Downey Bail Bond Store. Consultations are free, but if you want a head-start on understanding some basic key terms and what they mean, keep reading!

  • Premium

    This refers to the cost of a bail bond and it will be 10% of the full bail amount. For example, if a judge sets a person’s bail at $50,000, the bail bond would be $5,000. This is non-refundable and can be paid in cash, check, credit, or debit. Downey Bail Bond Store also offers flexible payment plans.

  • Surety Bond

    A bail bond falls into the surety bond category, which is an agreement between the defendant, the court, and Downey Bail Bond Store. The defendant pays the premium while Downey Bail Bond Store will extend surety credit. If the bond is compromised and forfeited, Downey Bail Bond Store will pay the forfeiture to the court, and then the defendant will reimburse Downey Bail Bond Store.

  • Indemnitor or Co-Signer

    This person is responsible for making sure the defendant shows up for their scheduled court date and obliges to any and all other release conditions and agreements. This person may also offer collateral, as security for taking on this role. If they fail, they lose collateral. However, they also have the right to withdraw from this position at any time, at no consequence to themselves.

  • Bounty Hunter

    A bounty hunter works for the bail bond company and will go out and capture defendants, out on bail, who have fled. Upon successful capture of the fugitive, the bounty hunter is rewarded with payment. Bounty hunters must be licensed properly.

  • Collateral

    In addition to the premium that is owed for a bail bond, collateral is often a requirement as well. This most often is in the form of real estate, transportation vehicles, electronics, firearms, and other valuables. Collateral is returned to its rightful owner once the trial has ended.

Ready to talk to Downey Bail Bond Store? We will go over all of this again with you since it is imperative you fully understand what is required, what to expect, and everything in between.

Talk to a friendly agent of ours anytime online or at 877-793-2245.

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What You Need To Know About Los Angeles Bail Bond Store

los angeles bail bonds

There are many things you need to know about Los Angeles Bail Bond Store but they can be summed up in 3 quick, right-to-the-point facts:

  • We are very approachable and welcoming; don’t be afraid of us or embarrassed to ask a question and for our help.
  • Our bail bonds are for anybody; it doesn’t matter how much or how little you make. We have customizable and flexible payment plans to match our lowest bail bond rates.
  • We will help you no matter what; it doesn’t matter what day of the year it is or what hour of the day it is. If it’s 6pm on Christmas Day and you need a bail bond, Los Angeles Bail Bond Store will be there right there with you.

Los Angeles Bail Bond Store is one of California’s most trusted bail bond companies. With almost 30 years in the bail bond industry, we’ve had more satisfied and relieved clients than others. We excel at our work because of the dedication and passion we give. All we want is to reunite loved ones, and we promise to provide the same for you.

Reach one of the Los Angeles Bail Bond Store professionals online or at 877-793-2245. Get a free consultation, get all your questions answered, and get started on your paperwork!

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