Frequently Asked Questions
Table Of Contents
What is a bail bond?
How much will I pay?
What is a co-signer and why do I need one?
Holding tangible collateral in lieu of bail bond.
What are my obligations to my bondsman after getting out of jail?
Is this confidential?
Tennessee Bail Bond Laws, Courtesy of
fugitiverecovery.com
What is a bail bond?
Once someone is arrested on a criminal charge, they may be held for trial unless they furnish the required bail, often in the form of a bail bond. When a bail bond is issued, the person released promises to appear in court at the designated time and place.
How much will I pay?
The fee for our services is 10% of the total bond amount plus a $12 state tax and a $25 origination fee. Here is an example:
$1000 bond is $100 + $12 + $25 = $137 Total
$5000 bond is $500 + $12 + $25 = $537 Total
Etc.
If you are using a credit card, an additional 5% processing fee will be added onto the total amount of the 10% premium, state tax, and origination fee.
Example: $1000 bond is $100 + $12 + $25= $137
$137 multiplied by 5% = $6.85
$137 + $6.85 = $143.85 Total
Click Here For Credit Card Authorization Form
or
Make a payment online
What is a co-signer and why do I need one?
Additionally, we do require what is known as a co-signer to sign a Promissary Note (Click Here) and complete an indemnitor application.
This states that if for any reason the individual on bond violates any
term of the bond agreement, the co-signer will be responsible to
surrender the individual on bond to us, or pay the full face amount
of the bond.
Click Here For Indemnitor Application
In very few instances we might require the full face amount of the bond to be paid in addition to the 10% bond premium. Some instances include, but are not limited to high risk bonds such as: out of state clients, illegal immigrants, and persons who may be considered a flight risk, etc. This amount will be held in a company escrow account until the principal (person in jail) is sentenced by the courts. It will then be returned to the co-signer, or whomever provides the collateral (full face amount).
Click Here For Collateral Agreement
Holding tangible collateral in lieu of bail bond.
Occasionally in lieu of paying the 10% of the bond, or where we may take a partial payment, we may decide to take and hold collateral to secure a bond. Some examples of collateral include houses, cars, boats, jewelry, firearms, electronic equipment, etc. These items of course have to be owned and put up by an individual signing an affirmation contract that these items are his/hers and are not stolen.
Collateral is usually returned when the court finishes with the
defendant’s case(s), exonerating the bail bond(s), and when all fees
have been paid. We must have all court documents before anything is
returned. However, if collateral is taken in lieu of partial payment, it will be held until the collateral agreement is fulfilled. If it is not, we have the right to keep and sell the collateral in order to recover our fees.
How long am I obligated to my bondsman, and what are my obligations to him after being bonded out of jail?
A Bail Away Bonding Company is responsible and liable for each defendant until a final disposition is reached in his/her case. Some specific obligations include but are not limited to: showing up on time to every scheduled court appearance, paying the bond fee in full, notifying the bondsman if arrested anywhere while out on bond, and informing the bondsman of any changes in address or phone number, or before traveling outside the jurisdiction. Failure to fulfill any of these obligations could result in A Bail Away Bonding Company revoking the bond and/or rearresting the subject. If we are unable to locate and surrender the defendant back to the courts, you as the indemnitor will be responsible to pay the face amount of the bond, as well as any costs incurred to us such as court costs, attorney fees, etc.
Is this confidential?
Absolutely 100%. We will never provide any information to anyone other than who we are required to by law.
Tennessee Bail Laws
http://fugitiverecovery.com/laws/tennessee.htm