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What you should know when signing for a Bail Bond Indemnitor
(CO-SIGNER):
It is the responsibility of the indemnitor (co-signer) to see
that the premium is paid. A bail bond is an appearance bond and
is good for one year. If the case continues longer than a year,
and additional premium is due and is collected for each additional
year.
These premiums are not refundable and upon the release of the
defendent are fully earned. Any expenses incurred in the transaction
of a bail bond, such as long distance calls, travel, or posting
fees are to be paid by the indemnitor to the bail agent. Most
additional expenses we incure. It is the responsibility of the
defendent or indemnitor to supply accurate information.
The defendent is obligated by the bail agreement to appear at
each and every court appearance required by the court. The failure
to do so will result in the forfeiture of the bond. Failure to
act immediately can add up expense, such as tracing fees, court
costs, and attorney fees if legal action is taken. The indemnitor
is liable. The law provides that the associated expenses can
not exceed the face amount of the bond. (California Regular Code
Title 10 Section 2081(d).
You are no longer liable for the defendent's bond when he/she
has completes all of their court appearences, and when all premiums
have been paid. It is best to contact the agent when the bond
is exonerated by the court, for the fast return of any collateral
pledged and to confirm that the bond is exonerated.In the event
of forfeiture, the indemnitor is liable until the full amount
of the bail has been paid, plus any expenses incurred or until
the court exonerates the bond. The bond then becomes void.
bail.com
It appears you may be looking to obtain a bail bond in the
state of Wisconsin. Well, we apologize, because your state
does not offer private bail bond services. This means that
if you need to bail someone out of jail in the state of Wisconsin
you must go to the jail directly and pay the bail there.
Bondsman from other states are unable to assist you in Wisconsin.
Why you ask? We invite you to ask your local government representatives.
Here are some Wisconsin government links that you can follow
and ask your government representatives why they do not offer
private bail bond services. Who knows, if enough letters are
written you may be able to open your own bail bond company
before you know it.
If we may help you with a person that is
being detained in another state please feel free to call us
immediately at 1-800-824-6614.
Below is a list of Jails, Police
Departments, and Courts in your state.
www.dol.wa.gov/ppu/bbfront.htm
Requirements For Licensure:
- Must be 18 years of age
- a citizen of the United States or resident alien
- not have committed a crime in any jurisdiction in the preceding
ten years
- be employed by a licensed bail bond agency or be licensed
as a bail bond agency
- pay the required fee
- Meet the requirements of a bail bond agent;
- provide proof of at least three years experience as a manager,
supervisor or administrator in the bail bond
business or pass an examination;
- file a $10,000 surety bond
- pay the required fee
| Application: |
| Bail Bond Agent |
$400 |
| Bail Bond Agency/Branch Office |
$1000 |
| Renewal Fees: |
| Bail Bond Agent |
$250 |
| late renewal |
$350 |
| Bail Bond Agency/Branch Office |
$800 |
| late renewal |
$1000 |
Only for bail bond agencies (qualified agents) who do not have
three years of experience.
http://www.terryfinn.com/ - HowBailWorks
Bail bonds are provided to any Court jurisdiction, jail or police
agency in California through our network of licensed agents.
We also have the ability to offer bail bond services in many
other States through our professional affiliation with several
large Insurance or Surety Companies and their respective licensed
agencies in those geographical areas.
The premium or fee for a bail bond is generally ten percent of
the actual penal amount of the bond set by the State Legislature,
County Court or County Jail Commander. The indemnitor is the
working adult who generally pays the premium and signs all of
the required documents before the bail bond is posted with the
Court. The indemnitor will be asked to provide not only the premium
but some form of valuable collateral that is generally of a value
close to the penal amount of the bail bond. Collateral should
be a short form deed of trust on a piece of real property with
sufficient equity. However, in some cases, on approved credit
of the indemnitor and the incarcerated subject, other collateral
may be accepted. Other collateral could be pink slips (ownership
certificates) on vehicles; formally appraised jewelry; assignments
of bank accounts or some bonds and of course, full cash or credit
card deposits in the amount of the bail bond.
Prior to the actual bail bond being issued and posted with the
respective Court jurisdiction, all the arrangements, required
signatures of indemnitors and deposits of collateral must be
made between the indemnitor and the licensed bail agent. The
incarcerated subject will not be released from custody until
the paper work has been completed. The incarcerated subject will
be required to come in later or the next day to complete the
required forms and sign the contract documents.
The contract signed by the indemnitor, indemnitors and the defendant
or incarcerated subject basically allows the accused to experience
freedom and prepare for the required Court appearances. This
contract specifically calls for the accused person to make all
of the mandated Court appearances, including the sentencing hearing
or final adjudication of the case. The indemnitor, in signing
the documents and contract, promises that they will be totally
responsible for the accused subject during this period of time.
Should the accused subject fail to attend a mandated hearing
or Court appearance, the Court will simply issue an arrest warrant
for them and submit a forfeiture notice to the bail bond agent,
requiring the agent to pay the full amount of the bail bond to
the Court.
Should this occur, both the accused and the indemnitor will be
responsible for paying not only the full amount of the bail bond
but any other costs associated with locating and returning the
accused to custody.
Bail Enforcement Agents (formerly known as bounty hunters) are
employed to track, locate and arrest the subject if they fail
to make their Court appearance. These agents are trained, experienced
members of the National Association of Bail Enforcement Agents.
Several are employed by our organization as are a number of State
licensed private investigators who supervise the actual investigation
of these people, locating them and bringing them back into custody.
We encourage any Attorneys, criminal justice officials or educators
and anyone who believes they may become an indemnitor, to contact
our organization to assist them with any specific bail bond situation
or application. |
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