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1) What is a bail bond?
The bail bond is a contract between the bail agency, the court,and the co-signer(s). The bail agency and the co-signer(s) are responsible for the defendant's court appearances.
2) How long will it take to get a friend or loved one out of jail?
It takes about 30 minutes to do the application for a bail bond. After the premium is paid to the bail agency, the agent posts the bond at the police department. The release time is generally an hour or less. County jails usually take longer.
3) What happens when someone gets arrested?
When a person is arrested, they are usually taken to a local police department for processing. Nationwide bail bonds has the ability to post bail locally and nationally.
4) Can I speak to the person who has been arrested and is waiting to be processed?
You will not be able to contact the person at this time; however, the person may be allowed to call you.
5) What is the premium and will I get it back?
The premium is the fee usually 10% of the bond amount, which is collected by the bail bond agency. It is Non-refundable.
6) What is collateral?
Collateral is used to secure/guarantee the bail bond. It can be cash, real estate, a promissory note or an indemnity agreement.