A Veteran-owned San Diego bail bonds company (619-468-9333) releases a new guide explaining the seven key elements of a bail bond contract.
San Diego, United States - July 3, 2023 —
The latest guide from Alana's Bail Bonds offers readers a simple yet informative resource that details the bail contracting process so defendants know what to expect and the various elements of a bail contract.
To read the complete guide, visit https://www.alanasbailbonds.com/resources/bail-bond-bontracts-explained
The bail bond guide explains the terminology used in bail bond contracts, explaining each stage of the process in layperson's terms. The guide explains complex concepts, including the terms and conditions of a contract, the parties to a contract, terms of surrender, documentation, and forfeiture statements. The launch is accompanied by a companion video, now available via Alana's Bail Bonds YouTube channel, that answers frequently asked questions.
According to The Marshall Project, the average bail for felonies is $10,000. To post bail, defendants or their representatives must raise 10% of the total bail amount. Statistics suggest that around 60% of people arrested in California can meet bail conditions and are released from detention until their trial date. Approximately 25% of them fail to appear in court. All surety arrangements are void in such cases, and the bail return payment is forfeited.
Alana's Bail Bonds guide is an easy-to-understand summary of the bail contract process. The parties bound by the contract include the court, the defendant, and a surety. The surety - which consists of the bail agent and the defendant's co-signatories - assumes the financial risk of the accused failing to appear at their allocated court appearance.
The infographic highlights the necessity of supplementary documents. These include proof of identity such as a passport or a driver's license, legal filings, and collateral documentation that details what property the defendant is willing to risk to secure the loan.
The visual guide also highlights several other elements of the bail bond contract. The Affidavit of Truth acts as an agreement to the terms and conditions of the contract. Collateral terms detail what happens to one's collateral in the event of bond forfeiture, while terms of surrender outline what happens if the court demands the surrender of the accused.
The final two stages of the bond contract process are explained as the forfeiture statement - what happens if the defendant skips bail - alongside the premium amount and any fees payable to the bail agent.
A spokesperson says, "Knowing what to expect can streamline the process and help you feel comfortable. Our bail agents proudly serve all of California with friendly, compassionate, and affordable bail bonds."
For more information, visit https://www.alanasbailbonds.com/resources/bail-bond-bontracts-explained
Contact Info:
Name: Alana San Diego
Email: Send Email
Organization: Alana's Bail Bonds
Address: 1023 Fourth Ave Unit 308, San Diego, California 92101, United States
Phone: +1-619-468-9333
Website: https://www.alanasbailbonds.com/
Source: PressCable
Release ID: 89101487
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