How Morgantown WV Jailbonds Work

by | May 21, 2013 | Financial Services

If you have ever been arrested in Morgantown West Virginia and you been taken into custody, you know that unless you make bail, you’ll have to stay in jail until your initial court appearance. Fortunately, there are many options that a person will have to find Jailbonds Morgantown WV. While most people have heard of jail or bail bondsman, as they’re typically called, it’s not surprising that few people truly know how jail bonds work.

As stated earlier, when you are arrested you’re arraigned, meaning you go before a magistrate and they will typically set bail for your release until your official court appearance. This number can range as little as $100 to millions of dollars. In these instances, unless you have the money to pay your bail, or you have a friend or family willing to pay bail for you, you will need to contact a bail bondsman.

Bail bondsman will pay the bail for you so you can be released from jail. Typically, unless you have the cash, a bail bondsman will look for collateral, such as a title on a vehicle, jewelry and, if the bail is significant enough, sometimes the mortgage to your home. A bail bondsman will also charge a 10% fee on the entire amount of the bail as a service charge.

In addition to paying your bail, the bail bondsman is an assurance to the courts that you will be present on your official court date. If you skip out on your scheduled court appearance, a bail bondsman has the right to hire a bounty hunter to locate you. In addition, any collateral that was put out by you or a family member can be confiscated by the bail bondsman since you have violated the terms of your agreement.

Hopefully, you’ll never need the services of Jailbonds Morgantown WV. However, in the event that you do, you’ll have a better understanding of how bail bondsman work. In some cases, the possibility of losing your assets or losing the assets of a friend or family member may be enough of an incentive to stay out of trouble in the first place. Fortunately, if you do get in trouble, you won’t have to sit in jail for extended amounts of time waiting for your court date.

 

     

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