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The surety bondsman’s charge, set by the insurance coverage firm, may cost about 10% of the entire bond plus $25 or $35 dollars. There needs to be enough money or collateral to cowl the total quantity of the bond in case the defendant misses his or her court docket date. Only a person who has been licensed by the State Department of Insurance could publish a surety bond.
Keep in thoughts, in the unlucky event that the defendant does not appear at a courtroom date (known as “skipping bail”), the bail will be surrendered or forfeited. The bail bond agent has the authority to locate the defendant and surrender him or her to the court docket.
For example, the company I labored for required a co-signer to be a minimum of 21 and have a decent-paying job. These underwriters, or sureties, are insurance companies with which most states require bail corporations to companion. There are about 35 main industry players; with their backing, bail firms can write bonds far above their cash on hand.
We are licensed and have an excellent standing in the area the place you need help. We uphold the status we now have acquired over the years to provide you secure and handy services when you want a Boulder County bail bond. Our places of work are open to serve you 24 hours a day, seven days every week. A licensed bail bondsman will always be out there to take your name. There … Read More