When a person is arrested typically on suspicion of a particular crime in NJ, that individual is taken to a law-enforcement agent to jail for the purpose of booking. During this particular process, the individual will have mug shots taken, fingerprints and asked to write a statement. While this person waits for their day in a court of law, the person will be confined to jail in NJ unless she or he is released what is known as on bail.
What Is Bail?
Bail is known as a type of financial agreement that bail bonding agencies make on behalf of a criminal defendant. A bail bondsman acts in the name of the accused and arranges with a court to release the suspect from the jail before the trial when exchanging collateral or money. This may be a bond, assets or cash and the court will decide on the value in monetary terms for this bail.
The bails bond agency holds the responsibility of making sure this person arrives for their court date for their trial. If the individual fails to get on the time of their trial in court, the bail agency can hire what is known as a bounty hunter to find this person. The US is one of the few countries worldwide that still allows what is known as bounty hunting. A bail bond is a type of surety that a full amount of the bail will be settled. However, a few courts accept either a 10% cash down payment or the full bond payment to release a suspect.
When the bail bondsman that works for an agency, provides the fee needed to release the suspect, this bondsman will charge an amount of around 10% of the money required to settle the bail. This fee is nonrefundable even when a case has been thrown out once the suspect has posted bail.