After an arrest, an arraignment, and a bail hearing, the last thing you want to do is go back to jail and sit in your cell to wait for a longer period of time to pass by. After posting bail, you can walk free within a matter of hours and stay in the comfort of your own home until your trial proceedings are over with.
What if you can’t post bail?
It’s a sad truth that most working people can’t. Fortunately, quick bail bonds in Glendale are both possible and affordable. There are plenty of options you can qualify for to ensure you meet the criteria for posting bail, which any of our agents can assist you with.
What Exactly Is a Bail Bond?
A bail bond is essentially a promise to the court. It guarantees payment of the bail in full should any defendant fail to appear for trial. A bond agent presents said bond to the court on behalf of the defendant. As a fee, the bond agent collects approximately 10 percent of the full bail amount. The defendant can pay this fee in a number of ways. It can be financed, charged to a credit card or paid in part/full using collateral.
What Is Collateral?
Collateral is anything you pledge as repayment security. It might be jewelry, cars, real estate, electronics or even firearms. Acceptable collateral varies between bond agents. The collateral serves as a form of payment to the bond agent should the defendant evade trial proceedings. In addition to collateral, a co-signer, also called a guarantor or indemnitor, may pledge repayment on the defendant’s behalf. The offering of collateral and the presence of a guarantor can secure a bond agent’s services when traditional forms of tender or financing aren’t an option.
To get more details on bail bonds and collateral, visit Sanctuary Bail Bonds at SanctuaryBailBond.com, Arizona’s top source of quick bail bonds for the past 10+ years.
