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Bail Is Somewhat Like Any Other Kind Of Loan

“Jail bail” is lingo for the money you’ll have to put up in order to be released from custody after you have been arrested. Before you can arrange for bail to be paid to the court on your behalf, you will have to undergo the arrest procedure, from being apprehended to being charged, taken to jail, and booked.

If you are processed in a local or county jail you will be detained in a temporary holding cell after you have gone through the usual procedures, including having your picture and fingerprints taken and relinquishing your personal belongings for storage until your release. Before you are locked up however, you will be allowed to call a bail bondsman so that he can get started in start taking the first steps toward getting you out.

A bail bond is a surety loan that serves the court as an insurance policy guaranteeing that the entire amount of the bail will be paid. You as the defendant are the borrower of the loan, the bail bond agency is the lender. But a bail bond loan will require a third party known as the “surety.” The surety will act much like a supplemental insurance plan does, and will be held accountable for repayment of the loan if the principal borrower cannot meet the obligation, for whatever reason.

In some cases, particularly if the bail is unusually high, a bondsman will require some form of collateral along with the usual fee. As a general rule collateral can mean anything that is acceptable to the lender, in this case the bond agency. The most common forms of collateral used for bail loans are a house or a car, but it must be something that is worth at least as much as the total bail amount that was originally set by the court. Once a property or possession has been approved as collateral it cannot be sold or cashed in as long as the case is pending.

Exercise your constitutional right to bail – call BWB Bail Bonds @ 720-358-2908 and get an experienced bail bondsman on your side.

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