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Tx Bail Bonds HOW BAIL BONDS WORK
What is a bail bond? When someone gets arrested, they will be held in jail until their scheduled court date. At that time, the judge will either set bail, deny bail, or let the person go on a ‘signature bond.’ After the person’s initial court appearance, they will be sent back to jail to await their official court date when they enter their plea. At this time, they will be eligible to either pay the full bond amount to the jail or go through a bail bonding company. A bonding company will write an insurance policy on your behalf and submit it to the court. This policy insures the amount of the bail and fulfills the court requirements so the person can be released from jail.
How a Bond Works As a form of an insurance policy, it guarantees the full amount of bail to the court. If the person does not show up for their court date, then the bonding company will have to pay the full amount of the bail. This will usually be paid through the liability insurance that the company carries. In order to limit the risk on the insurance company and bonding company, a co-signer is required before the policy can go into effect. In some cases, collateral will be required in addition to a co-signer.
Qualifying for a bail bond Proof of residency (utility bill). Proof of identity (valid Texas I.D.). Proof of income (2 recent pay stubs). Your income must be at a certain threshold to qualify for a bail bond. This will be directly proportionate to the amount of the bail.
More Resources http://txbailbonds.org/dallas-county/ http://txbailbonds.org/tarrant-county/ http://txbailbonds.org/collin-county/ http://txbailbonds.org/denton-county/ http://txbailbonds.org/rockwall-county/ Tx Bail Bonds Tx Bail Bonds 3839 McKinney Avenue Suite 155-2192 Dallas, TX 75204 214-563-3221