Under the law, individuals facing criminal charges can avoid arrest or imprisonment by providing cash or property as a guarantee. This payment serves as a financial obligation ensuring the person's future court appearance. A bail bond, which is an agreement, is made with a third party who pledges the payment to the court. This arrangement acts as a guarantee for the defendant's future appearance in court. In recent times, bail bonds have been facilitated through a modern business venture involving a corporation that contributes a specified percentage of the court's required amount.
In the court, a corporation or an individual acts as a surety to release a criminal defendant from jail. This practice first started in San Francisco in 1898 when Tom and Peter P. McDonough established the first bail bonds business in the United States. These agencies
...typically have agreements with insurance agencies, credit providers, and banks that operate even outside of normal business hours. If the defendant does not appear in court, the agency pays the pledged money to the court.
Courts have an agreement with certain agencies to provide security, so there is no need for suspects (clients) to rush to banks or credit providers for bail. These agencies charge a service fee of approximately 10-15% of the bail money after the trial concludes. Nowadays, there are various online platforms and sources available to help and offer information during challenging times. Many of these online resources include a directory of bonding agencies that understand your situation. They also offer an online bill payment form and give you access to expert criminal defense attorneys who can provide valuable support.
Due to th
ban on the commercial bail bond industry in Kentucky (Ky. Stat. § 431. 510), I encountered difficulty in finding a bail bondsman in this state. This prohibition is supported by Stephens v. Bonding Assoc. of Kentucky, 538 S. W. 2d 580 (Ky 1976). In the event that a bond agent from another state needs to apprehend a fugitive who has fled to Kentucky, they must first acquire a warrant (Ky. Rev. Stat § 440.270). It's important to note that private bail bond services are not available for all local, city, and county offenses in Kentucky.
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