The Top Five Bail Bond Terms You Should Know

Top Bail Bond Terms

Posting bail is not something that most people have to do repeatedly. As such, if you are posting bail for a loved one, chances are, this is your first time ever posting bail. But before you post bail, it is important to understand what you are agreeing to. Learning common bail bond terms can help you if you are looking to post bail for a loved one who has been arrested in Las Vegas. Here are five common bail bonds terms you should be familiar with when posting bail.

Bail

Before you post bail on behalf of someone, you should understand what exactly bail is. When an individual is arrested in Clark County, they are booked into the jail. Once booked into the jail, a few different things may happen. Depending on the severity of the crime, an individual may be released on their own recognizance, also known as an O.R. This is usually done for first timers who are facing minor misdemeanor charges. This means the individual walk outs simply by signing a paper that they agree to show up for their trial. Another thing that may occur is that a bail amount is set for an individual. In the state of Nevada, most crimes have a bail amount set by a pre-determined bail schedule. Lastly, your loved one may have to see a magistrate or a judge who determines whether bond is set and at what amount. This is typically done for severe crimes or repeat offenders.

If bail is set, it means that this is the amount of money that must be posted for your loved one to be released from jail.

Top Bail Bond Terms

Surety Bond

Once bail is set, there are two different ways that the bail bond can be posted. The first is a cash bond. This means that you pay the full amount of bail in cash. If bail is set at $15,000, you pay the courts or the jail $15,000 and your loved one is released. The money is returned to you when the case reaches a resolution as long as the individual does not run. The other type of bond that can be posted is a surety bond. This is what most people think of when they hear the term bail bond. A surety bond is a bond posted by a bail bonds company. In the state of Nevada, you pay 15 percent of the bail amount and in return, the bond agency posts a surety bond to free your loved one. The money is not returned to you, but it is a great option for those who don’t have thousands of dollars lying around.

Co-Signer

If you are posting a surety bond on behalf of a loved one, you are likely their co-signer, also referred to as a bond indemnitor or guarantor. If your loved one’s bail is set at $15,000, you pay a bail bonds company 15 percent of the bail amount, or $2,250 in this case, to post bond on behalf of your loved one. However, if your loved one runs, the bail company may have to pay the full bail amount to the courts. They turn to you as the co-signer to provide them with this money. As such, you should only co-sign for people you know well and can locate if needed.

Revocation

When someone is released on bail, there are conditions they must follow. The conditions vary from person to person based on their charges. They may need to submit to drug testing, wear an ankle monitor or check in with the bond agency. If they fail to comply with the terms of their release, their bail may be revoked, which is called a bail revocation, bail forfeiture or withdrawal of bail. This means your loved one needs to be returned to jail. It will be up to a judge to then decide if they should stay in jail or if they can be released on bail again.

Collateral

The last term you should be familiar with if collateral. In some cases, you may not have the cash to pay a bail bonds company the 15 percent of the bail amount. In other cases, your loved one may be deemed a flight risk and the bond company may want extra reassurance you have the ability to pay them if your loved one runs. Some bail bonds company accept collateral, such as a car title or property, in exchange for posting bond. If collateral is posted, it is important to note that you can lose the collateral if your loved one skips out on bail or if you cannot make payments as outlined in your bail agreement.

Posting a bail bond for the first time can be a bit confusing if you do not understand the terms and the process. Familiarizing yourself with common terms that are used can help you feel more comfortable as you go about posting bail in Las Vegas, Nevada for a loved one. If you need to post bail in the the Las Vegas area, contact Lightning Bail. We will take the time to answer your questions and make sure you understand the process. Contact us now to get started.

Get Bail Help Now: We’re Available 24/7

Bail Bond Companies in Las Vegas work to help the individuals, who are accused of committing a crime to lawfully stay outside of jail while their trial is going on. Talking about how the bail bonds work, we first need to know what bail is and need of bail in Las Vegas. After a criminal is presented in the court, he, in some cases can be released into the society before going for a trial. In some cases, the accused may be released on no security for his recognizance while in other cases; the court may require him to present a certain amount of money, called bail, as a surety that he will appear in the court till the trial goes on. On successful completion of the trial, the bail sum is returned. If the accused cannot pay the bail amount, he can contact a Las Vegas bail bond company for help. They will sell a surety bond that the accused will appear in the court when ordered. Those, who know this but already, a bail bond company is also known as bail bondsmen.

Lightning Bail Bonds provide the best and most affordable bail bonds in Las Vegas. We are known for providing cheap bail bonds in Las Vegas to our clients. Generally, the bail bonds of Las Vegas are based on a certain percentage of the bail and it is about one-tenth of the bail amount. If a person wants to become a bail bondsman in Las Vegas, who provides bail bonds, he needs to undergo a training program, go for a background check and get a surety bond. However, some states may have different rules than those of Las Vegas Bail bonds. Some Vegas bail bonds companies also offer some other services like serving, which is the delivery of legal documents to defendants.

Another important part to consider is bail bond collateral. The most commonly used collateral for a bail bond in Las Vegas is real estate property. It may include a house, a shop or a piece of land. Properties under mortgages can also be used. Your bail bond can also have jewelry as bail bonds collateral. Generally, rather than a type of collateral, there are other restrictions that may be imposed on a convict. These may include restrictions on travel, gun ownership, drugs, and alcohol or psychological treatments. Getting bail and dealing with bail bonds can be a difficult task. You can hire the experienced team of Lightning Bail Bonds to get the best bail bonds service at the best prices.

We understand that bail may be required at any time and so we provide 24-hour bail bonds. By offering 24-hour bail bonds in Las Vegas, we have provided timely help to our clients by not letting them go to jail. Providing bail service can be a challenging task as it involves working with criminals, although many of them are not. In some cases, the families of the convicts may have to suffer greatly. In cases of accused being fugitives, companies have to take possession of collateral that may include convict family’s house, which may make them homeless. To provide best bail bond service in Las Vegas, NV a company needs to have the financial stability to pay bail amounts and hiring bail recovery agents.

Lightning Bail Bonds also provides its bail bond service in North Las Vegas and other areas. Apart from North Las Vegas bail bonds, we also work with bail bonds in Nevada. With our Nevada bail bonds, we have legally helped in bailing someone out of jail. Our team also operates in Clark Country. You can contact us to get Clark Country bail bonds to get help for you or your known. There are basically two types of bail bonds; the criminal bail bond and the civil bail bond. The criminal bail bond guarantees that a convict will appear in the court when called and the civil bail bond guarantees debt and interest payment.

Lightning Bail Bonds is a team of very professional bondsmen, who are well known for helping their clients at every cost and setting up instant bail bonds. We understand that the whole period is very difficult for a person and so we use a patient approach towards our clients. We believe in a deep interaction and communication with our clients for a successful bond agreement. Our team members work attentively and follow the state laws for a completely safe and effective procedure because even a small mistake can cost a lot. Our team works transparent and has the best bail bond rates. Contact the expert team of Lightning Bail Bonds to get fast bail bonds.

Note: Misdemeanor arrestees picked up in Las Vegas are brought to the City of Las Vegas Jail for processing. Processing includes being photographed, fingerprinted, personal affects inventoried, and given a thorough medical examination.
Call Lightning Bail Bonds if you need release from this facility also. Find out more about the Las Vegas City Jail Here

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