Fun Facts About A Bail Bond Agency in Lecanto

Getting arrested and thrown into jail is obviously a very stressful thing to go through. Luckily, there are businesses capable of helping to get that person out of jail as quickly as possible. Here are some fun facts to read about before visiting a Bail Bond Agency in Lecanto.

Typical Types Of Bonds

When it comes to bail bonds, there are typically two types people deal with. The first are known as cash bonds. These are lower amounts reserved for lesser crimes, such as minor driving offenses or civil infractions. There are also surety bonds. These are higher amounts typically requiring the services of a bail bondsman. If a person or one of their loved ones is accused of a serious crime, they will be calling the nearest bondsman to help get them out of jail.

Types Of Collateral

There is no legal definition of what can be used as collateral when dealing with a Bail Bond Agency in Lecanto. However, the types of things normally used are houses, real estate, vehicles such as cars or boats, and even financial holdings such as stocks or bonds. If the defendant follows all of the rules, the rights to the collateral are signed back over to the person who put them up. If the defendant breaks any rules, there is the distinct possibility the bail will be forfeited and the rights to the collateral will then belong to the bail bond company.

How Is Bail Determined?

The amount of the bail set forth is governed by a mix of state or federal law and what the judge determines is an appropriate amount. While the United States Constitution guarantees an accused person is not subject to overly burdensome amounts of bail, it does not state the person is actually guaranteed bail. It is a privilege, not a right. Also, while bail can be reduced in some cases, it cannot be reduced through actions of the bondsman. Bail can only be reduced through negotiations from the defendant’s attorney.

Contact Us for more information about getting bail and getting out of jail as quickly as possible. Someone is available 24 hours a day.

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