Bail Bonds And How An Emergency Bail Bonds Service in Minnesota Can Help You
When you’re arrested for committing a serious crime, you’ll generally be allowed to place bail. Those who have never been in this situation before may have no idea about what placing bail actually means. For starters, placing bail allow offenders to be released from custody temporarily. They’re then allowed to continue living a normal life until it’s time for their court date. However, bails can often times be very expensive. This is why many offenders turn to the Emergency Bail Bonds Minnesota has available.
Bail bonds are available for those offenders who can’t afford to pay the bail themselves. Courts can place bails for as much as a million dollars or more if they’d like to. However, the amount will depend on the offender’s crime. The defendant can request that a bail bonds service pay the bail so that they can be release. In order to do this these services will charge offenders a small premium. The premium will generally be a small percentage of the entire bail. For instance, if the defendant’s bail is set at $100,000, the defendant may have to pay 10% of that.
Sometimes the premium is too much for some defendants to pay. This is why Emergency Bail Bonds Minnesota has available will allow defendants to offer collateral. Collateral could be the title of a vehicle or the title of a home – basically any asset that has appropriate value. Upon receiving the bail bond, defendants will need to have a guarantor or co-signer. This person is responsible for making sure the defendant makes it to all of their court dates. If the defendant doesn’t make it to their court dates, they will likely default on their bail bond. In this case, the co-signer is partly financially responsible for any money that needs to be paid.
If the defendant fails to make it to court, there will be a bench warrant placed for them to be arrested. If they’re arrested, they’ll likely have to stay in jail until all future court dates are met. However, some bail bond services may be able to work with the courts to have the bail bond reinstated. There may be some additional fees applied if a bond must be reinstated once again.