A bail bond essentially acts as an insurance policy whereby the bail bond company guarantees to the court that the person obtaining the bail bond will make all of their required appearances. If the individual appears in court as ordered, then the bail bond is never in jeopardy. However, if the individual fails to appear, the bail bond company is notified of this by the court. At that time, the bail bond company must surrender that individual back into custody. If the bail bond company fails to surrender that person back into custody, then they are forced to pay the entire amount of the bail bond to the court.
The cost of a bail bond is 15% which again is required by Nevada law.There are occasions however where 2 Amigos Bail Bonds issue our customers a percentage of credit in an effort to work with them through their economic hardships.
If an individual misses court for any reason you must contact us immediately. We have valuable information which, most of the time, will allow you to get your bail bond reinstated. It is our objective to keep you out of jail and on bail throughout your entire court proceedings.
Upon completion of your case the judge will “exonerate” your bail bond in open court. At this point, the bail bond is no longer active.
The answer is "No". Not if you go through a bondsman. When you pay a bondsman, you're paying him a percentage of the total bail to secure your release from jail. The bondsman gets you out of jail by delivering to the jail a written promise (a bond) that he will pay the full amount of the bond if you miss court and can't be found within a certain amount of time. Are bail bonds refunded? You only get your money back if you put up the entire amount of bail yourself, then wait for the bail to be "exonerated", which basically means that the defendant has showed up to court when he was supposed to, that the case is over and the money is no longer subject to forfeiture. There are some major drawbacks to putting up the money yourself rather than going through a bail bondsman. You have to pay a lot more money.
A bail bond is exonerated when the legal process/trial has finished. It does not matter whether the defendant is found guilty/innocent or if the case has been dismissed. At this point, the bail bond is discharged. However, any unpaid premium, fees or other amounts charged by the bail service provider are still owed.
How is the bail set? - Bail is set in court by the judge based on a number of factors, but it usually takes at least 72 hours (3 business days) to get into court if you don't bail out before this first court appearance. Your first court appearance, you have the option of paying "standard bail." Standard bail is set as soon as you get booked into jail. If you get booked into CCDC, you will see these charges (along with the standard bail for each) on your "Temporary Custody Record." For example, let's say you get arrested in Las Vegas and booked into CCDCon charges of possession of a controlled substance with intent to sell (a category D felony). Standard bail for this felony charge is $5,000. You now have two basic options. You can either wait until the first court appearance (which takes several days) or you can bail out. If you wait until your 72 hour hearing, it may be that the District Attorney does not have a complaint ready and you may be ordered released. But you will wait at least 3 business days in jail. This means weekends don't count. The premium on a $5,000 total bail is $750.
What is a reinstatement? - This is a process by which a defendant who has failed to appear in court can have their bench warrant removed and the bail bond re-activated or “reinstated” with the court. The defendant, working with bail bonds company, will report back to the court which allows the court to set a new court date for the defendant. This proceeding may result in additional fees to the defendant/co-signer.