Using Collateral for Bail Bonds: A Comprehensive Guide

Posted on November 27, 2023 by bailbondshamiltoncounty

Navigating the bail bonds process can often be a murky endeavor, especially when it comes to understanding collateral. Collateral, a vital cog in the bail bonds wheel, often raises a host of questions. What can be used as collateral? How is bail bond percentage calculated based on collateral?

This guide aims to demystify the use of collateral in procuring bail bonds, shedding light on these complex mechanisms to provide a clear picture of the entire process. Join us as we delve deeper into the intricacies of bail bonds and collateral, offering you a comprehensive understanding of their interplay.

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What are Bail Bonds?

Before we dive into the complexities of collateral, let’s first define what bail bonds are. In essence, a bail bond is a written agreement between the defendant and the court that guarantees the defendant will appear in court for all required hearings. When an individual is arrested and charged with a crime, they can be released on bail before their trial. This allows them to return to their daily lives and prepare for their court case while out of custody. A bail bond is essentially a form of insurance that ensures the defendant will not flee or evade justice. You can get a bail bond through a bail bond company, operated by bail bondsmen, also known as bail bond agents.

What is Collateral?

Collateral, in the context of bail bonds, refers to any property or asset that is pledged as security for the bail bond. It serves as a guarantee to the bail bond company that they will be able to recoup their losses if the defendant fails to appear in court as promised. This means that if the defendant skips town, the collateral can be sold or liquidated by the bail bond company to cover their financial losses.

What Can Be Used as Collateral?

Common examples of collateral used for bail bonds include real estate, vehicles, jewelry, stocks and bonds, and cash. However, the specific type of collateral accepted can vary from bail bond company to bail bond company. It’s essential to have a detailed discussion with your chosen bail bond agent to understand their particular requirements.

How is Bail Bond Percentage Calculated?

Bail bond percentage is the portion of the total bail amount that must be paid to the bail bond company in exchange for their services. The exact percentage can vary, with most states setting it between 10% to 15% of the total bail amount. For example, if a defendant’s bail is set at $10,000 and the bail bond percentage is 10%, the defendant would only need to pay $1,000 to secure their release – however, this fee is non-refundable, even if the defendant’s charges are dropped or dismissed.

How does Collateral Affect Bail Bond Percentage?

Collateral can play a significant role in determining the bail bond percentage. If a defendant has significant collateral to put up, they may be eligible for a lower percentage and therefore pay less money out of pocket. This is because the bail bond company considers the value of the collateral as an added layer of security against potential losses.

What Happens to the Collateral after the Case is Resolved?

Once the case is resolved and all court appearances have been made, the collateral will be returned to the defendant or whoever put it up. However, it’s important to note that if a defendant fails to appear in court as promised, their collateral may be forfeited, even if they are later apprehended.

Final Thoughts

In conclusion, collateral is an essential aspect of the bail bonds process. It serves as a safety net for bail bond companies and ensures that defendants fulfill their court obligations. Understanding how collateral works can help individuals make informed decisions when seeking bail bonds and navigating the legal system. We hope this guide has provided valuable insights into the use of collateral for bail bonds and helped demystify this often confusing aspect of the criminal justice system. So, if you or a loved one ever find yourself in a situation where bail is required, you’ll now have a better understanding of how collateral plays a crucial role in securing your release.

Remember to always consult with your chosen bail bond agent for specific information and requirements related to collateral and bail bond percentage in Indiana. Contact Uptown Bail Bonds at 317-919-2489 for 24 hour emergency bail bonds in Hamilton County, Indiana. We also provide prearranged bail services for arrest warrant surrenders.

FTA: Understanding the Consequences of Skipping Your Court Date

Posted on September 11, 2023 by bailbondshamiltoncounty

Fulfilling court obligations is not just a matter of respect towards the legal system, but also a crucial step in resolving legal issues. An essential part of this process is attending your scheduled court date. This appointment, however, can sometimes be overlooked or intentionally ignored, leading to what is known in legal terms as a “failure to appear.” While it might seem like a minor oversight, the consequences of missing your court date are significant and far-reaching.

In this blog post, we delve into the repercussions of such an act, including bail bond forfeiture, and provide insights to help you comprehend the gravity of this action. Stay tuned as we journey into this critical aspect of legal proceedings.

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Failure to Appear (FTA)

When you are out on bail and fail to show up for your court date, it is known as a failure to appear, or “FTA” for short. It is also referred to as bail jumping in the bail bond industry. This means that you have not followed the conditions of release set by the court system. Depending on the severity of the offense associated with your case, this act may be regarded as a criminal violation in itself. Consequently, those who opt to skip their court date might be charged with an additional criminal offense or face a warrant for their arrest.

Bail Bond Forfeiture

Moreover, failure to appear can have a financial impact on the individual in question. If you are out on bail and skip your scheduled court appointment, your bail bond terms and conditions will require you (or whoever co-signed the agreement) to pay back the remaining bond amount. This process is known as bail bond forfeiture or bail bond revocation, and can result in substantial financial losses.

For example, if bail is set at $5,000 and the bail bondsman charges a 10% fee, you would pay a non-refundable service fee of $500 to get out of jail – but if you fail to appear for court, you (or the cosigner) will be legally required to pay the remaining $4,500 to the bail bond agency. You might also face additional penalty fees and fines.

How to Get Your Court Date Rescheduled if You Cannot Make It

If you do find yourself unable to make it to court on the specified date, it is important to keep in mind that the consequences of such an act could be serious. You should contact your attorney as soon as possible for advice on how best to proceed, as well as any available alternatives. Ignoring the situation or hoping for the best is not an advisable course of action.

Lasting Consequences of an FTA

It is also important to remember that failure to appear can have long-term consequences. For instance, your case may be put on hold until you are located and brought into court. This could result in a lengthy delay or even dismissal of your case, neither of which would be beneficial. Furthermore, should you be convicted, the fact that you failed to appear may be taken into consideration during sentencing.

The Takeaway

In conclusion, it is important to take your court dates seriously and remain vigilant about meeting your obligations. Skipping your scheduled appointment could lead to a host of unwanted legal issues, both in the short- and long-term. A few proactive steps such as seeking advice from an attorney and being familiar with the relevant bail bond laws can help you avoid any devastating consequences. Talk to your bail bondsman about the specific terms and conditions of their agreement so that you know what is expected of you while out on bail.

Are you looking for a trusted way to get your loved one out of Hamilton County Jail in Noblesville, Indiana? Contact Uptown Bail Bonds at 317-919-2489 for fast and secure bail bonds in Hamilton County, Indiana. We also provide prearranged bail for arrest warrant surrenders.

7 Essential Tips for Choosing the Best Bail Bond Company

Posted on July 21, 2023 by bailbondshamiltoncounty

Getting arrested and having to post bail can be an overwhelming experience, especially if you don’t have the cash on hand. Fortunately, there are companies that specialize in providing bail bonds so that individuals in this situation can get out of jail quickly and easily. But with so many bail bond companies out there, it can be hard to know which one is the best choice for your needs. To help make sure you choose a trustworthy and reliable company, continue reading to learn 7 essential tips for selecting the best bail bond company.

What to Expect From a Professional Bail Bondsman

If you have a loved one who has been arrested and is currently in jail, working with a local bail bondsman can be the best solution to get them out of jail quickly. A bail bond agent will help you navigate the complex legal system by providing guidance on how much money needs to be posted for your loved one’s release from jail. They can also provide advice on what type of collateral may need to be provided in order for your loved one’s release. Working with a professional bail bond agent is often the fastest and most efficient way of getting someone out of jail as they are knowledgeable about all aspects of the process.

How to Choose the Best Bail Bond Company

1. Look at their Experience: The best bail bond companies should be experienced in handling these types of cases. Check out how long they’ve been in business and look for reviews from previous customers to ensure that they have a good track record.

2. Ask About Fees and Payment Plans: Bail bonds come with nonrefundable fees associated with them, so make sure you know what those are before you commit to any company. Find out if the company offers payment plans or discounts on certain services, as this can help you save money when it comes time to pay for a bail bond.

3. Make Sure They Are Licensed: Every bail bond company should be properly licensed by the state in which they operate. Confirm this information with the company and/or your local jurisdiction to ensure that you are dealing with a legitimate business.

4. Research Their Reputation: Do some research on the bail bondsmen in your area and read reviews from past customers to get an idea of how they conduct business and handle cases. This will give you a better understanding of their reputation and help you determine if they are trustworthy.

5. Ask About Additional Services: Many bail bond companies offer additional services such as court appearances, legal advice, transportation assistance, and notary service. So, be sure to ask about these when considering which company best fits your needs.

6. Make Sure They Are Available 24 Hours A Day: Emergencies can happen at any time, so it’s important to make sure the bail bondsman you choose is available 24/7. This will ensure that if something happens in the middle of the night, they are able to help you out.

7. Request References: Ask for references from previous clients so you can get an honest and unbiased opinion about how the company handles its business. This will give you a better understanding of what kind of service to expect from the company and if they are right for your needs.

Find Trusted Bail Bonds in Hamilton County Indiana

Choosing the right bail bond company in Hamilton County, Indiana can be difficult, but if you use these tips as guide while making your selection, then it should be much easier. By taking the time to do your research and ask questions, you can feel confident knowing that you are dealing with a reputable and reliable company.

Are you looking for the best Hamilton County bail bond company that can get you out of jail faster than you can place a food delivery order? Contact Uptown Bail Bonds at 317-919-2489 for the fastest and most affordable arrest warrant bail bonds in Hamilton County, Indiana. We operate 24 hours a day and 7 days a week!

Understanding The Different Types of Bonds Available for Release from Jail

Posted on April 14, 2023 by bailbondshamiltoncounty

When you or a loved one is arrested, getting out of jail as soon as possible is likely the top priority. But how do you go about doing that? One way is to post bail with a bond. are basically an agreement between the court and the person posting bail (the obligor) in which they promise to pay back some amount of money if the defendant fails to appear for their trial.

There are several types of bonds available for release from jail, including cash bonds, surety bonds, and bail bonds. Each type has its own advantages and disadvantages depending on your financial situation and other factors. In this blog post, we’ll take a look at all three different types of bonds so that you can make an informed decision when trying to get someone released from jail quickly and safely.

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Common Types of Bail Bonds

Cash Bonds

A cash bond is the simplest type of bond and requires that the obligor post the full amount of bail upfront in cash. The money is then held by the court or jail until either the defendant appears for their trial or forfeits if they fail to do so. When used, this type of bond is usually very quick and efficient since there’s no need to contact a bondsman and wait for them to process paperwork and issue a check.

Surety Bonds

A surety bond is a more complicated type of bail bond that involves two parties: an obligor (the person posting bail) and a surety (a third party company). The surety will typically charge a fee for their services, which can range from 10-15% of the bail amount. The obligor is then responsible for any money that may be forfeited if the defendant fails to appear for their trial.

Bail Bonds

Bail bonds are issued by professional bail bond companies and require less up front money than a cash or surety bond. With this type of bond, the obligor pays a percentage (usually 10%) of the total bail amount as a non-refundable fee to the company who will then post the full bail amount on their behalf. However, if the defendant fails to appear at their court date, the obligor will be held liable for any money paid out by the company as part of posting bail.

Why are bail bonds the best choice for getting out of jail? The main advantage of a bail bond is that it releases the defendant from jail while allowing them to build their case from home. This is in contrast to a cash bond, which requires the full amount of bail to be paid to the court before being released. Additionally, with a bail bond, you do not have to liquidate your assets or incur financial strain, as the bondsman takes care of the full bail amount. Overall, opting for a bail bond is a logical choice for individuals who need assistance in securing their release from jail without breaking the bank.

Conclusion

When it comes to posting bail, it’s important to understand the different types of bonds that are available to you. Cash bonds are quick and efficient but require the full amount up front in cash. Surety bonds involve a third party company who may charge a fee for their services, while bail bonds require less upfront money but can hold the obligor responsible if the defendant fails to appear at their trial. No matter which type of bond you choose, understanding your options is key to ensuring that you or your loved one gets out of jail quickly and safely.

Are you looking for professional assistance from a licensed bail bonds company in Hamilton County? Contact Uptown Bail Bonds at 317-919-2489 for 24 hour emergency bail bonds in Noblesville, Indiana. We also provide prearranged bail services for arrest warrant surrenders.

What Is Bail Bond Revocation and How Does it Work?

Posted on January 19, 2023 by bailbondshamiltoncounty

Bail bond revocation is a legal process that happens when an individual who has been released on bail fails to uphold the conditions of their bond or violates the law. When this occurs, the judge presiding over the case may order for their bail to be revoked and forfeit any money paid for it. In some cases, if no one comes forward to pay off the bail debt, then a warrant could be issued for their arrest.

This blog will explain what happens when someone’s bail is revoked and how it works in detail. Let’s get started!

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The 101 on Revoked Bail Bonds

When bail is revoked, the court will issue an order to the person who posted bail for the accused. This individual may be a family member or friend of the accused, or a bail bondsman – who is hired by the defendant’s family to guarantee payment of the bail amount if it is not paid in full. The court will require that the bail money be paid in full, and the bondsman will have to come up with the bail amount or face the consequences.

Once the court orders for revocation, then a forfeiture of bail is issued. This requires all parties involved to pay off the entire bail amount that was posted when the accused was released from jail. This means that if a bail bond was issued by a bondsman, then they will be responsible for paying off the entire amount of bail. If a family member or friend posted bail, then they will have to pay off the full amount as well. The court can also issue a warrant for the defendant’s arrest if no one comes forward to pay off the bail debt.

It is important to note that if a defendant’s bail is revoked, then they may remain in jail until their trial date. This means that if an individual has already been released from jail on bail and it gets revoked, then they may have to stay in custody until their trial date arrives or until another form of bail is established.

Understanding Bail Revocation Laws

Bail bond revocation and forfeiture are serious matters that should not be taken lightly. It is important to fully understand the laws and regulations surrounding bail bonds in order to avoid any legal issues or complications. If an individual is found guilty of a crime, then their bail may be revoked, and they may have to stay in jail until their trial date. It is important to know the laws and regulations so that individuals can make sure they do not end up in a situation where bail has been revoked or forfeited.

Summary

In conclusion, bail bond revocation and forfeiture is a legal process that may be implemented when an individual fails to meet the conditions of their bail or violates the law. If bail is revoked and forfeiture is issued, then all parties involved may have to pay off the full amount of bail that was posted when the accused was released from jail. It is important to understand the laws surrounding bail bonds in order to avoid any legal issues or complications.

Are you on the hunt for a reliable Hamilton County bail bond agency in Noblesville, Indiana to get your friend or loved one out of jail after their arrest? Contact Uptown Bail Bonds at 317-919-2489 for 24 hour emergency b ail bonds in Noblesville, Indiana. We also provide prearranged bail services for arrest warrant surrenders.

How Much Does a Bail Bond Cost in Indiana

Posted on November 25, 2022 by bailbondshamiltoncounty

When someone is arrested, one of the first things they worry about is how much their bail will cost. The amount of money required to post bail varies by state, and in Indiana it’s typically set at 10% of the total bond amount. So, if you’re arrested and charged with a felony that has a $10,000 bond, you would need to pay $1,000 to be released from jail while your trial is pending.

Continue below to explore this topic in further detail.

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Average Bail Bond Prices in Indiana

The average bail bond prices in Indiana vary depending on the county you are in. In Marion County, the average bail bond price is $10,000. In Lake County, the average bail bond price is $15,000. And in Hamilton County, the average bail bond price is $8,000.

The type of crime that the defendant is accused of also affects the cost of a bail bond. For example, if the defendant has been charged with murder, they may be subject to higher bail amounts than someone facing a minor charge such as shoplifting or disorderly conduct. Furthermore, a judge can impose additional restrictions that could increase the amount of money that needs to be paid for a bond.

The bail agency you choose will also affect the cost of your bond. There are many different agencies throughout Indiana, each with a different fee structure. Some charge an upfront fee while others may offer discounts or payment plans. Bail bond companies typically charge a fee of 10%, but as high as 15% of the total bail amount. This fee can be expensive, but it may be worth it if it means that you can get out of jail quickly. It’s important to do your research and compare prices before choosing an agency to work with.

Additionally, the amount of collateral needed to secure a bond will also influence the cost of your bail bond. Collateral is an item of value that guarantees the defendant’s appearance in court and can include items such as property, vehicles, or cash. The more valuable the collateral, the lower the cost of your bond.

Ultimately, the cost of a bail bond in Indiana is determined by many different factors. It’s important to do your research and compare prices before making a decision. Additionally, it’s important to understand all the potential costs associated with a bond before signing any paperwork or paying any money. Doing so can help ensure that you get the best deal possible and that you’re not taking on any unnecessary risks.

How to Get Help if You Can’t Afford to Post Bail

If you are unable to post bail, you may ask the court for a bail reduction hearing. The court will consider your ability to pay bail and whether you are a flight risk before making a decision. If the court agrees to reduce your bail, you will be released from custody pending your trial.

If you are unable to post bail and do not want to wait for a bail reduction hearing, you may want to consider getting help from a Noblesville bail bond company. Contact Uptown Bail Bonds at 317-919-2489 for the fastest and most affordable bail bonds in Hamilton County, Indiana. We also provide prearranged bail for arrest warrant surrenders.

Are Bail Bonds More Expensive For Felony Charges?

Posted on October 21, 2022 by bailbondshamiltoncounty

When you are facing a criminal charge, the last thing you want to worry about is how you are going to come up with the money to post bail. Bail bonds can be a great way to get out of jail without having to come up with the full amount of bail money yourself. But do bail bonds cost more for felony charges? Continue below to learn the answer to this common bail bond question and more.

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Bail Bond Rates are Regulated By the State

A bail bondsman typically charges 10% of the total bail amount. So, if your bail is set at $1,000, the bail bondsman will charge you $100. There are also some additional fees that may be required, such as collateral or a co-signer. But for most minor to moderate offenses, you can expect to pay around 10% of the bail amount. Yet, bail bondsman are allowed to charge as much as 15% of the bail premium if they have good reason. You see, bail bond rates are regulated by the Indiana Department of Insurance, so a bail bond company cannot charge more or less than the 10 to 15 percent range.

The Cost of Bail May Depend on Several Factors

When it comes to comparing the cost of misdemeanor bail to felony bail, it is important to understand that bail bond prices can vary depending on the severity of the charge. For example, a misdemeanor charge will typically have a lower bail bond premium than a felony charge. This is because felonies are more serious charges and are more likely to result in a conviction. Therefore, the bail bond company will typically charge a higher premium for a felony charge.

However, it is important to keep in mind that the bail bond company will also take into account the defendant’s criminal history when setting the price of the bail bond. If the defendant has a long history of criminal convictions, the bail bond company may charge a higher premium. Conversely, if the defendant has no criminal history, the bail bond company may charge a lower premium.

What To Do if You Need an Indiana Bail Bondsman

Ultimately, the cost of a bail bond will vary depending on the specific circumstances of the case. If you are facing a criminal charge, it is important to speak with a bail bond company to get an estimate of what the cost will be. If you are in need of a bail bond in Hamilton County, it is important to shop around and compare prices. There are many bail bond companies in Noblesville IN, but not all of them are reliable choices. Be sure you choose a company with a good reputation, experience, and amenable fees and policies.

Are you looking for a Noblesville bail bond company that you feel comfortable with and that you can afford? Contact us at 317-919-2489 to get started with prearranged Hamilton County Indiana bail bond services you can trust. We operate 24/7 and offer free advice and jail information too.

What Does It Mean to Be Out on Bail?

Posted on July 18, 2022 by bailbondshamiltoncounty

Jail, bail, and all other legal and criminal matters are confusing to a person who is not well-versed in the law. If you are preparing to surrender to an arrest warrant, you will soon be faced with the need to get out of jail, because when you turn yourself in to authorities, you will be arrested on the spot. If you just learned of your loved one being arrested, you could be the one to help them get a release from jail.

Regardless of which situation you are facing, it is important to understand the basics of using bail bond services, including what a bail bond agreement entails and what liability you take on when you or your loved one is “out on bail.” Continue below to learn what you need to know.

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Bail Bond Basics

A bail bond, also known as a surety bond, is a financial guarantee to the court that the defendant will appear at each and every court appearance as the court mandates. Failure of the defendant to comply with the conditions of the court often result in a warrant being issued and the bail bond forfeited.

If you haven’t already picked up on the fact, you are the indemnitor, which means you are responsible for ensuring that you or your loved is behaving while out on bail, plus appears for their scheduled court date. If you or your loved one breaks the law, violates the bail bond agreement, or misses their hearing, you must pay back the entire remainder of the bail, which is usually in the thousands, plus any expenses spent returning the defendant to the court or jail.

For example, if your friend’s bail is set at $5,000 and the bail bond agency fee is 10%, you must pay $500 for the bail bond, which is non-refundable. If your friend fails to appear for court, you have to pay the remaining $4,500 to the bail bondsman. If you don’t, you will be in criminal contempt.

Being ‘Out on Bail’

Being out on bail simply means that a person has been released from jail on a bail bond and they are now awaiting their scheduled court hearing. When you co-sign a bail bond agreement to get someone out of jail, you are the party responsible for ensuring they follow all rules of the agreement while out on bail. If you do not know your friend that well, or they have an extensive criminal history, it is not wise to sign for a bail bond. There are many terms and conditions for being out on bail, but the main ones include:

☑ Remaining Within City Limits
☑ Refraining From Criminal Activity
☑ No Consumption of Drugs or Alcohol
☑ Attendance at Upcoming Court Hearing

Are you looking for fast and friendly Hamilton County Indiana bail bond service? Contact Uptown Bail Bonds at 317-919-2489 for 24 hour emergency b ail bonds in Noblesville, Indiana. We also provide prearranged bail services for arrest warrant surrenders.

You Should Also Read:

How Do Bail Bonds Work?
6 Types of Bail Bonds in Indiana
Common Questions That Start With “Can I Post Bail If”

How to Make a Good Impression on the Judge at Your First Court Hearing

Posted on June 17, 2022 by bailbondshamiltoncounty

After being released from jail on bail bond, you are given the privilege of time, time that should be used to prepare for your initial court hearing. After all, it is the judge whom you need to impress at your pretrial hearing, not a full panel of jurors.

Continue reading to learn how you can make a good impression on the judge at your first court hearing in order to give yourself the best chance at a successful trial down the road.

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Tips for Attending Your Preliminary Hearing

Your initial court hearing is also called an arraignment or preliminary hearing. It is typically scheduled within twenty days after your arrest. At this hearing, you will be ordered to enter a preliminary plea. This is how long you have to get prepared and put your best foot forward toward resolving your legal matters. Basically, if you want successful results at trial, preparation is key.

Here’s what you need to know about attending your preliminary hearing:

Be Very Early

Regardless of the instructions given to you by your attorney or public defender, take your own initiative and arrive at the courthouse at least 45 minutes before your arraignment begins. This should give you plenty of time to get there, especially in the unanticipated event of a traffic obstruction or automotive breakdown, plus give you time to find a place to park, walk into the building, go to security, use the restroom, get yourself together, find your assigned courtroom, and meet with your lawyer for a pre-hearing discussion.

Dress Professionally

In order to make a good first impression on the judge, your duty is to look nice. You don’t want to wear your nicest clothes; it would be deemed mocking or even arrogant to show up in a tuxedo or elaborate three-piece suit. Instead, aim to dress clean and professionally, as if you were going in for a job interview or to church. Be sure you are well groomed, well rested, and composed. These small details will impact how a judge views you as an individual, and ultimately your case.

Turn Your Devices Off

One of the worst things you could do is leave your cell phone or tablet on during the hearing. It would be incredibly disrespectful to the judge. If you were to get an audible phone call, email, reminder, notification, or text message on your device during your hearing. So, as soon as you get to the courtroom, turn off all devices before stepping inside. If at all possible, leave them in your car.

Be Respectful of Courtroom Procedures

There are several types of courtroom procedures that your lawyer should cover with you before you appear for your initial hearing. For instance, when the judge or jury walks into the courtroom or stands to leave, it is customary to stand up.

Also, when the judge addresses you in the courtroom, it is your duty to stand. Always address the judge as Your Honor, and only speak when spoken to. Address every other person in the room by their surname, such as Mr. Jones or Mrs. Smith.

When inside the courtroom, whether it is time for your hearing or not, do not talk on your phone or to others, do not bring in food or eat, and do not take videos or photographs. During your hearing, it is important that you never attempt to approach the judge’s bench. Leave all of this to your lawyer or public defender.

Most importantly, don’t lie the judge. They been doing this a long time and can usually tell when a defendant is being dishonest. Dishonesty or omitting facts related to the truth can impact the way the judge organizes your sentencing.

Are you looking for help with bail bonds in Hamilton County? Contact Uptown Bail Bonds at 317-919-2489 for 24 hour emergency b ail bonds in Noblesville, Indiana. We also provide prearranged bail services for arrest warrant surrenders.

Do Bail Bonds Cost More for Felony Arrests?

Posted on March 18, 2022 by bailbondshamiltoncounty

It is common knowledge that a felony arrest is a bit more serious than a misdemeanor arrest. Those arrested on a felony charge are tried and sentenced on a federal level rather than a state level, so the resulting legal penalties and social consequences are generally harsher than that of a misdemeanor conviction. Although felony arrests are serious, most defendants are still granted bail privileges. Using a bail bond provided by a local and licensed bail bond agency is one of the fastest and most secure methods of obtaining a release from jail after a felony arrest.

Continue reading to learn what you can expect from felony bail bond services, including the average cost of a felony charge bail bond and the usual terms and conditions it comes with.

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What You Need to Know About Bail Bond Prices

When it comes to the average cost of a felony bail bond, there is good news and bad news. The good news is that bail bond prices are regulated by the state, more specifically the Department of Insurance. This means you can count on bail bond prices being as economical as possible, and therefore reasonable for most consumers. State regulation on bail bonds prevents shady or unethical bail bond companies from overcharging clients based on their own personal beliefs or prejudice, or price gouging those who appear wealthier than other clients.

Now for the bad news. Although bail bond prices are regulated by the state, there is still a range of discretion for bail bond agents. Right now, Indiana bail bond companies are permitted to charge anywhere from 10% to 15% of a person’s bail bond premium.

For instance, if a defendant’s, bail is set for $10,000, a bail bondsman can legally charge anywhere from $1,000 to $1,500 for a bail bond. That is 10% to 15% of $10,000. It is important to take note that, in all cases, bail bond fees are nonrefundable.

Average Bail Bond Price for a Felony Arrest

When it comes to paying for bail bond for a felony arrest. Defendant, you can expect the price to be just a bit more than someone who was arrested on a misdemeanor charge. That is because the bail bond agency is taking on more liability. In most cases, felony bail bond prices are still very fair and on the lower end for first time or non-habitual offenders.

For felony defendants who have been arrested for felony charges or convicted of felonies in the past, they can expect their bail bond price to be higher. For those who have fled the court system before, they may be given the highest bail bond price or denied bail bond service altogether.

Are you looking for a qualified Noblesville IN bail bond company to get your loved one out of jail after being arrested on felony charges? Contact Uptown Bail Bonds at 317-919-2489 for the fastest and most affordable bail bonds in Hamilton County, Indiana. We operate 24 hours a day and 7 days a week, so there is always an Indianapolis bail agency and invited to your call!