All About Cosigners And Bail Bonds In Las Vegas
Obtaining bail bonds in Las Vegas is not difficult. Although individuals may choose to pay the entire amount to the court and receive it all back after a satisfactory appearance, this money can be tied up for a long time. A bondman’s office requires a fee, but these offices also offer a significant amount of help along the way. Worrying about someone who is in jail is stressful, and having an agent handle some important details will ease that stress.
When bail is set for a defendant, a cosigner approaches a bondman and pays the fee. In Nevada, bondmen can charge no more than 15% of the bond amount. This is known as the premium. This can be paid as cash, or with a credit card. Collateral is sometimes, but not frequently, requested. After a satisfactory court appearance, collateral is returned. The premium is not. Some offices offer payment plans to make a high premium easier to manage.
Anyone putting up money for a defendant is guaranteeing that this person will make it to the appearance. This is a serious matter with serious consequences. The bondsman needs to ensure the cosigner’s dependability, and will ask for information such as social security number and anything else needed to confirm the security of the commitment.
If the defendant does not appear in court as ordered, there are several options: The bondsman, or an attorney, can request a new court date. If the defendant cannot be found, agents known as bounty hunters must locate that person. Fees are involved here and the cosigner is responsible for those. If the fugitive is still not found, the bond office is responsible for the entire amount due. At that point any collateral on record is absorbed.
Anyone agreeing to obligate themselves to pay for a bond should realize that it is not to be taken lightly. The money is important. If the bail is $20,000, then the premium would be $3,000. This is a large amount to lose, especially if there is any risk of a non-appearance.
Many offices these days can handle the entire process over the phone and by fax transmissions. A cosigner with decent credentials would not even have to step inside the office.
Although the emotional toll of dealing with bail bonds in Las Vegas may be high, these knowledgeable bondsmen can simplify the process. The court system is complicated. These agents can facilitate the procedure by handling and explaining many of the troublesome details. This assistance alone can often be worth the fee.
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