Being arrested is traumatic enough, but the idea of spending time behind bars while awaiting a court date is something most people would rather avoid. This is where the concept of Bail Bonds in Midwest City Oklahoma area, comes into play. For people who have never had to be bailed out, here are some things that are important to know. What is a Bail Bond?A bail bond is a financial instrument that essentially covers the need to tender the bail set by the court to be released temporarily from jail. Shortly after an arrest, the court will review the particulars of the case and set a bail amount.
Since that amount can be considerably more than the party has available, the bondsman provides a bond to the court to cover the bail. Once the bond is accepted by the court, the client is released until the day he or she must return for trial. What is the Cost?Typically, Bail Bonds in Midwest City Oklahoma, require that the client provide a fee to the bonding agent. The amount of the fee is typically a percentage of the total bond amount, and the fee is not refundable. In the event & the client is found to be not guilty of the charges, the bonding company will keep the fee as payment for services rendered.
What Does the Client Promise as Part of the Deal?Being released on bail comes with a promise to return to face the judge on the court date. In accepting help from a bonding company, the client is indicating his or her commitment to honor that promise. Since the bonding company is held liable for the entire bail amount if the client fails to appear, keeping this promise is extremely important. Bail Bonds make it possible for accused parties to devote more time to seeking legal counsel and preparing for the date of the trial. In the interim, the client is free to report for work each day and take care of any other tasks that he or she needs to address. The ability to make better use of the time and prepare for the case increases the odds of being able to settle the matter as quickly as possible.
Get more details on bail bonds.
