Who Are Bail Bondsman?
What is bail? Well, Bail is a security against relieve from the jail. However, every country has its own rules and laws. Say for example the Beverly Hills Bail bonds might be similar to thebail bonds of Culver city. Whereas, the same might differ in all other places. Hence, the Bondsman must be aware of all the rules and regulations of the local judicial law.
Usually, the rule is that, if a person is booked by any charges in Culver city and jailed, he will be transferred to Los Angeles jail county. In such case the bail bondsman must be qualified enough to handle the bail procedure before the person is transferred to any other jail. Hence, the process of bail bonds in Culver city can be handled well by the bondsman of the same locality, until the transfer of the victim to any other location.
While dealing with the bails procedure, you will come across two important words such as premium and collateral. Wherein, premium is the amount paid as fees for the services rendered by the bondsman, which is paid in advance. The premium amount is normally 10% of the total amount of the bond, where rest of the fees includes actual, reasonable and necessary expenditure incurred in terms of the entire bail transactions.
The collateral is security within the approximate value of the bond and returned in full when the case comes to an end. Collateral offers a security against the bail amount that can be in any form such as cash, vehicle, real estate property or even a signature of the client. This security ensures that the person would payback the premium.
Well, one must keep a contact with such bondsman, in order to seek advice in future. It is not always necessary that you contact them only when you are in trouble. Keeping a contact with the bail bondsman helps in avoiding a last moment hassle. Upon all, you may seek any kind of advice in terms of bail and legalities form them.