What is a bail bond?
A bail bond is a contract between a bail bond agency and jail that allows the release of a person awaiting trial for criminal charges. The bail bond agency assures the state that the defendant will appear in court on his/her court date. A family member or close friend can then become an indemnitor by signing an agreement holding them responsible for the defendant's appearance in court.
Why use a bail bond agency?
A bail bond agency fee is a set at a fraction of the full bail amount. The bondsman can then help expedite the release process. People can choose to use their own money to post the entire bail amount if they have it, but they will not get the money back until the case is closed. This process can take several months and the court can choose to keep some of it for court costs.
Why chose Belton Bail Bonds?
Belton Bail Bonds has been serving Lake County for over 43 years and is known for its excellent reputation in the community. Its agents have experience, integrity, confidentiality, trust, and are available 24/7. This agency has received numerous business and industry awards for its dedication, professionalism, and contributions to the community. Belton Bail Bonds is located right next to the Lake County Jail in Tavares, FL. This makes it very convenient to wait for someone being released from jail because the process can sometimes be lengthy, depending on the jail's schedule.
What does it cost to bond someone out of jail in Florida?
The bail amount is set by a judge based on the charges of the person in jail. In Florida the bail bond fee is required to be 10% of the bail amount, as set by the Florida Office of Insurance Regulation. Agencies that lower the rate are operating illegally, and you should therefore be wary of any company that charges less than the mandated rate.
What is collateral, and is it necessary?
Collateral is an insurance to the bail bond agency that the person will appear in court . This can be as simple as a signature on an indemnity agreement and promissory notice guaranteeing the full bond amount, or for large bonds a mortgage note on a real parcel of property. Some bail bond agencies claim that collateral is not required, and this is a false claim.