No, That is our money and that is how we pay our insurance payment.
After you make all your court dates.
You must send a loved one to court with hospital information.
Yes, you may exchange collateral out with equal or greater value.
That would depend on your court conditions at release time.
A Surety Bond is composed of two things:
The premium and fee – paid by cash, credit card, or deposit. The premium and fee are non-refundable.
Collateral – some tangible property or cash equal in value to the bond amount (a $10,000 bond requires $10,000 worth of property). Property values are determined by applying wholesale or pawn shop type evaluation methods.
Bail is cash or property pledged to the court to obtain the release of an inmate held in jail on a suspected criminal offense. Bail guarantees that if the defendant does not appear for each court hearing until sentenced that the bail may be retained by the court for damages.
A bail bond, also known as a “Surety Bond”, is a contractual undertaking made by a state licensed bail bondsman who is backed, “underwritten”, by an insurance company. The bail bonds agent guarantees to the court payment of the full amount of the bond if the defendant fails to appear for their scheduled court appearances or fails to abide by his/her conditions of release while out on bond.
Arizona bail bond premium rates are governed by the Arizona Department of Insurance (AZDOI). The AZDOI has set premium rates to be a minimum of 10% plus actual expenses. Commonly, bail bond companies set a minimum premium rate they will charge on a bail bond; this rate can vary amongst bondsman, but as the bond increases in size ($2,000.00 or greater), the premium rate becomes more uniform. The AZDOI regulates Surety Bail Bonds; it does not regulate Cash Bail Bonds.