The questions below cover some of the issues we're asked about most often. If you or someone you know has been arrested, our bail bond service may be able to secure a release. For a FREE consultation, call us at 731-736-3478.
Q. What is a bail bond?A. A bail bond is a document presented to the court to secure the release of a defendant who is in custody. It also ensures that the defendant will be present at all required court hearings.
Q. How does a bail bond work?
A. The bail amount is normally set by the local court jurisdiction following the arrest of the defendant. A family member, close friend, or even the defendant himself or herself will contact AJ Speedy Release Bonding Company to arrange for the posting of the bail bond.
The indemnitor or co-signer (a family member or friend who is guaranteeing the bond) will complete paperwork and pay a percentage of the bond amount, also known as the premium.
By signing the paperwork, the indemnitor is guaranteeing that he or she will pay the full amount of the bond if the defendant fails to appear in court. Collateral is typically taken from the indemnitor to secure the guarantee.
Q. Who is an indemnitor or guarantor?
A. An indemnitor/guarantor is an individual, commonly a family member or a friend of the defendant, who agrees to indemnify the bail agent against a loss.