Your Responsiblities when Getting a Bail Bond in Colorado Springs
Nobody likes to think about the possibility of being arrested. However, if you’ve been arrested, you will probably want to get out of jail as quickly as possible. Fortunately, the courts issue bail for your release from prison to a specific dollar amount.
That means you’ll need to post the bail in order to be released from jail, pending your return to court on the date determined by the judicial system. When this happens, you may require the use of a Bail Bond Colorado Springs service.
A standard method of posting bail is with cash. A person who has been arrested can’t post bail on their own behalf. A friend, family member or a lawyer will have to post bail on your behalf; however, the process is quite simple.
If an individual pays your bail, they will pay cash to the courts. If you appear at your appointed court date, the cash is returned to whomever paid your bail in 60 to 90 days. If you don’t appear at your appointed court date, then the cash is forfeited to the court.
The most popular form of posting bail is through a bail bond or what is known as a surety bond. This can take place with someone posting collateral equal to the amount of bail that is paid by the bail bondsman.
These situations are very common when the crime a person is accused of this significant and the bail set at a very high level. In these instances, the bail bondsman will charge a fee for their services, typically 10% of the bail set by the courts.
Once again, if you arrive on your appointed court date, the only money that will be paid will be the 10% premium, and the collateral will be returned to person who provided it. However if you fail to appear on your court date, the Bail Bond Colorado Springs is forfeited to the court, and the court will issue a bench warrant for you.
To recoup their losses, the bail bondsman assumes ownership of the collateral provide to secure your release. In addition, the bail bondsman also has the right to employ the services of a bounty hunter to return you to court to answer to the original charges as well as new charges that will be applied because you skipped out on your court date.