When you are in need of Nassau County Bail Bonds Services, oftentimes it is a case of emergency and you seldom have the time to start researching on the options that you have and where to look. It is thus important to be in possession of such knowledge of a general nature as it comes in handy when you least expect it. After all, you must never suffer from the illusion that bail and jail are reserved for hard-core criminals as brushes with the law happen when you least expect it. In this article, we are going to look at some of the information that should be at your fingertips in times of need. If not for yourself then this knowledge can enable you to come to the aid of a friend or relation.
Cash Bail/Bail Bonds
The term cash bail refers to the money that you are required to submit to any New York City jail to secure the release of the accused person so that they can pursue their case from home. Subject to making court appearances as and when the accused is required to do so, you stand to get almost all of your money as the city will keep a small percentage of the money.
When it comes to bail bonds, they can be defined as a promise made to the city by a special company to pay a certain amount in the event of the accused failing to turn up in court. It is effectively a guarantee by the company to the city to the effect that the accused will appear in court at all scheduled hearings. The vast majority of bondsmen can post your bail for 10% of the bond amount a situation which gives you great convenience. This means that a bond of $1000 will cost you $100, which is 10 percent of the bond amount. Any money that you pay over and above 10 percent is meant to act as a security deposit. This is accompanied by the need for guarantors who pledge to provide the cash in the vent of your absconding from court appearances. In such a scenario, the bond company will lose the bond amount to the council and the guarantor will have to chip in.
When the case is over and done with, you stand to receive the amount you put in as security but stand to lose the 10 percent which is the fee for the underwriting services. For cash bail however, you get all your money back subject to a small deduction by the council.