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A bail Bond is an agreement by the criminal defendant ensuring that the defended appears for trail and will pay the sum of money set by the court.
The bail bonding company will pay the amount to the court in exchange for a 10-15% non-refundable fee of the total bail amount.
Cash, Check, or Credit.
A bail bonding company has the right expertise and skill which will be helpful throughout the duration of the case. In addition to this, a bail bonding company will make the process easy, short, and affordable.
Tennessee premium fee is 10%. Out of state premium fee is 15%.
The bail amount is determined based on several factors such as previous history, nature of the crime, defended ties to the community, and more.
The process usually takes 2-12 hours; it also depends upon the staff availability.
Collateral is used as an incentive to ensure that the defended appears before court during the trial period. Collateral can be anything that is of value and can secure the bond. Its returned once the case is adjudicated.
A indemnitor or a guarantor is a co-signer. The bail on behalf of the defendant is singed by indemnitor or guarantor.
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