Terms of Bail Bonds Service
What are Bail Bonds? Understanding the difference between bail, a bond and the term bail bonds and how to obtain service from a Las Vegas bail bondsman.
Free Bail Bonds Terms of Service and Information for Jail Release
Bail Process Overview
Arrested, transported to booking facility then incarcerated in a housing unit or jail. Incarcerated have release options. Cash Bond: Requires total amount of money posted for Bail Bond amount in cash. The court holds money until case is final. If defendant does not meet appointed trial date, cash bond will be forfeited, warrant issued for an arrest. The incarcerated inmate may be their own guarantor. Caution: Federal laws places restrictions, guidelines etc. on cash bail in cases involving narcotics trafficking. Those cases, monies must be clean and of verified origin etc. Citation Release Bond: This bond can be issued by Law Enforcement Agents, informing charged of court appearance date. Own Recognizance Bond: Court administrator and or judge interview incarcerated placing restrictions, recommendations regarding release without financial security. Property Bond: Incarcerated may obtain release from custody posting Property Bond to court. Court records lien and or property right when securing Bail Bond amount. If defendant fails to appear at trial, the court may institute foreclosure on property. Certain times, the equity of property may be twice the bail bond amount.
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Documents with us take around 30 minutes. The release time after all documents are delivered to authorities then processed can be an hour you must consider holidays, time, day of week, busy holding facility 3 to 12 hours.
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Terms Of Service Index
Bail is a set of restrictions that are imposed on a suspect while awaiting trial, to ensure they comply with the judicial process.
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Bail Agents May Not Collect or Charge Consumers to "Renew" Bail Bonds The Division has learned that some bail service agents may be charging consumers annual renewal premiums, fees, or rates for bail bonds that courts hold open for more than one year. As explained below, Nevada law prohibits bail service agents from charging consumers to "renew" bail bonds.
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Under the Nevada Insurance Code, A bail service agent shall not, in any bail transaction or in connection therewith, directly or indirectly, charge or collect money or other valuable consideration from any person except to pay the premium at the rates established by the insurer, in accordance with chapter 686B of [Nevada Revised Statutes ("NRS"], or to pay the charges for the bail bond filed in connection with the transaction at the rates filed in accordance with the provisions of this Code. The rates must be 15 percent of the amount of the bond or $50, whichever is greater. Nev. Rev. Stat. to charging 15 percent of the amount of the bond or $50, whichever is greater, bail service agents can reimburse themselves for actual expenses incurred. The Insurance Code otherwise prohibits "any charge for the services of the [bail agent] in a bail transaction in addition to the premium or the charge for a bail bond at the rates filed. Nev. Rev. Stat. (1997) Nevada law is specific as to what bail service agents can collect or charge in bail transactions, and it specifically limits what may be charged for a bail bond to 15 percent of the bail bond amount. Moreover, Nevada law clearly establishes that a bail bond remains in effect until it is ordered exonerated or forfeited by the court regardless of how long the bail bond is pending. Thus, a bail bond is not subject to renewal terms or payments. As a result, collecting or charging, attempting to collect or charge, or claiming a right to collect or charge a "renewal" premium, rate, fee, or other payment under the guise of renewing a bail bond is prohibited.
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Laws about bail bonds vary from country to country; in the United States, bail practices vary by state. In some countries, granting bail is common. Even in such countries, however, bail may not be offered by some courts under some circumstances. In some cases, bail money may be returned at the end of the trial, if all court appearances are made, regardless of whether the person is found guilty or not guilty of the crime accused.
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A bail bondsman, bail bonds person, bail bond agent or bond service dealer is any person, agency or corporation that will act as a surety and pledge money or property as bail for the appearance of persons accused in court. Although banks, insurance companies and other similar institutions are usually the sureties on other types of contracts (for example, to bond a contractor who is under a contractual obligation to pay for the completion of a construction project), such entities are reluctant to put their depositors' or policyholders' funds at the kind of risk involved in posting a bail bond. Bail bond service agents, on the other hand, are usually in the business to cater to criminal defendants, often securing their customers' release in just a few hours.
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Approved Lists of Licensed Bail Agents
In the past, the Division has provided lists of licensed bail service agents to the jails located in Southern Nevada. Effective July 1, 1997, lists of licensed agents will be available statewide. To be included on future lists, bail agents must have: an active appointment, powers filed with the court and/or county clerk, and a fiduciary account. New lists will be provided to the jails on January 1 and July 1 of each year. In order to maintain his or her name on the lists provided to the jails, all agents must provide proof of filed powers and a fiduciary account to the Division not later than one month prior to the distribution of the lists.
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Overview of Cash and Surety Bonds
The biggest difference between a surety and cash bond is that a surety bond involves three parties, while a cash bond involves only two parties. Consider a bail bond of $10,000 as an example. With a cash bail bond, the defendant or one of his family members pays the entire $10,000 in cash to the court or jail. When the defendant shows up for court, he gets his $10,000 back, less any fees charged by the court. With a surety bond, the defendant hires a surety company to pay the bail money. In exchange for putting out the $10,000, the surety company charges a fee to the defendant, often 10 percent of the bail. When the defendant shows up for court, the bail company gets the $10,000 back from the courts, and the defendant gets some portion of his 10 percent payment back, less any fees charged by the bonding company.
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Advantages of Cash Bonds
Cash bonds are relatively simple and easy to understand. The defendant simply puts up the cash and gets released pending the trial. He gets the majority of his money back afterward, less minor court costs and fees. There is no need to contact a surety company or attempt to qualify for a bond.
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Disadvantages of Cash Bonds
The biggest disadvantage of this type of bond is the need to come up with a large amount of money. Many people don't have access to large quantities of paper money, which could leave them stuck in jail pending a trial. Those that do come up with the funds may have problems with liquidity while waiting to get the cash back. In some parts of the country, even if the defendant shows up for court and wins his case, he may not get all of his cash bond refunded. Some districts take out any money owed to the state or county from the bail, which may include child support payments, back taxes or court fees.
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Advantages of Surety Bonds
The primary advantage of a surety bond is that the defendant does not have to come up with enough cash to cover the entire bond. He simply pays a small percentage to the bond company and may get part of this payment back. If he shows up for court, he has no cash at risk for things like back child support payments or taxes. Disadvantages of surety bonds surety companies don't automatically grant bonds to anyone who asks. Instead, they require people to apply for the bond, then weigh the potential risks and returns before deciding to issue the bond. People with poor finances may not qualify, particularly for non-bail bonds, like those associated with construction or licensing. Surety bonds also have a higher fee associated with them than cash bonds. For example, a defendant may have to pay a small fee to the court when using a cash bond, but he has to pay both court fees and surety company fees when using a surety bond.
Resourceful Resources
DEPARTMENT OF BUSINESS and Industry
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Website: doi.nv.gov
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Free Bail Bonds 121 Gass Ave Las Vegas, NV 89101
This Agreement at Free Bail Bonds Las Vegas was last modified 04/04/2024.
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