If you have watched the news, you have heard about defendants being released on bail. But what, exactly, does that mean? The cash bail system in the United States gives defendants in criminal cases a way to stay out of jail between the time of arrest and their court proceedings. To delve deeper into the intricacies of the bail system and its impact, you can go to mycasesource.com.
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What is Cash Bail and How is it Set?
Cash bail is money that is paid to a court as insurance that a defendant will fulfill certain terms and show up for impending court dates. Many defendants are eligible for bail but cannot afford the exorbitant fees and employ the use of bail bonds near me Allentown PA.
The amount of bail is set by a judge, taking into consideration the seriousness of the alleged crime, the danger of having the accused at loose in the community and the risk that the defendant will not return to court.
What is a Bail Bond?
A bail bond is a form of surety bond. It’s a type of insurance that is presented to the court in place of the full amount of bail. bail bondsman, or bail agent, provides this service for a fee equal to a certain percentage of the total cash bail. In most cases, this fee is around 10%. The defendant must provide adequate collateral to insure the rest of the bail. For example, if bail is set at $50,000, the accused must pay $5,000 for bail bond service and provide collateral for the rest of the amount. Collateral can include real property such as homes, vehicles or businesses.
What Happens if Bail is Revoked?
The judge in a case can revoke bail if the defendant does not fulfill the terms of bail. The most frequent reason for this would-be failure to appear for a court date. When bail is revoked, a warrant is issued for the defendant’s arrest and the collateral or cash bail is kept by the court.