The Positive Aspects of The Bail Bonds Industry

The Positive Side of Las Vegas Bail Bonds Service

Recently there have been talks about reforming the bail bond industry or scrapping it all together. However, it is quite obvious that the advantages of this industry have not been adequately considered so this will be the focus of this article so we all have a balanced view.

See the video on Facebook with our owner Andy Renshaw and a group discussing the reform the State is trying to get passed, this reform will hurt the industry and the community.  Read this then watch the video,  Very informative.

First off it would be wrong to assume that we all know what bail bonds is truly about so let’s take a look at it. When a person is arrested, taken into custody and held in jail, a bail hearing is first held for most crimes, and if bail is granted, the COURT sets the bail, not a bail bondsman. The amount to be paid for bail is set based on several things; the severity of the crime the defendant is being charged with, the defendant’s prior criminal history, the defendant’s threat to the public and other considerations.

How The Bail Bonds Process Works

In most cases the defendants and their families are not able to afford the full amount of the bail, and may choose to enlist the services of a Bail bondsman or Surety bail agent. The bail bondsman will work with the family to get the bond posted by collecting a small portion of the original bond amount. Depending on the charges and the amount of the bond, family members may need to provide collateral to ensure against the defendant forfeiting on their bond. Posting bail bonds is not a ‘get out of jail free’ card. The sole purpose of a bail bond is to ensure the defendant will appear for all court proceedings until their case is disposed of.

The bail bondsman also takes whatever additional precautions they have in their company plan to make sure the accused person keeps to the court dates. Breaking it down further, an example, if bail is set at $100,000 after the court has taken everything into consideration and heard the arguments of both counsel and decides on granting bail, the accused individual then chooses to employ the assistance of a bail bonds company (Bail bondsman), the bail bondsman will post a bond for the full amount of the bond. Las Vegas bail bondsman generally charge 15% of the total bond amount. This system has been around for a long time and has worked well because it creates accountability for the defendant, their family and the bondsman. Each has skin in the game for insuring the defendant appears in court for all of their court dates. This process also takes on a tremendous financial burden that would otherwise have to be shouldered by the general public in the form of higher taxes.

 The Positive Economic Impact

Jails cost money to run – whether they are run by municipalities or private corporations they are expensive. And when they fill up it creates overcrowding. For jails run by municipalities, just like their other services, the funding comes from tax payers. But for monitoring defendants released on bond through bondsmen – like Lightning Bail Bonds  – the bail agents take on that financial responsibility. This frees up valuable funds that the cities and towns can then use for other needs.

Bail bonds in Las Vegas help to reduce the number of people held in jails which therefore translates to reducing the amount of taxpayers’ money put into prison administration and instead the funds could be added to increase funding in other areas in the community. Also, it is essential to acknowledge that these bail bond companies are responsible for ensuring forfeiture fees are paid when defendants skip back and aren’t located. Consequently, most defendants are tracked down and located if they do skip bail – even when they try to hide in other states. So the bail bonds agents save their cities thousands of dollars each year that, in turn, goes back into the economy of the cities they are in.

 

Lightning Bail in Las Vegas provides bail bonds service to the City of Las Vegas and all of Clark County. If you have bail bonds related questions, please feel free to give us a call. No bond purchase is necessary to get your questions answered. You can also stop by our office. We are conveniently located just 3 minutes from The Justice Court.

 

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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.

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