Bail Bondsman Richmond FAQ

How does the bail bonds process in Richmond work and how much does a bail bond cost?

After the arrest, the judge will set a bail on jail custody. When you pay for the bail bond in Richmond, you pay a premium of the bail and are released from jail custody. The premium is usually a fraction of about 10% of the bail. So if the judge or magistrate sets bail at 10,000.00. You pay 1,000.00 for the bail bond. Bail Bonds in Richmond then guarantees the court that you will follow all bail conditions and show at all court proceedings.

What if I can’t afford the bail bond?

Usually, a co-signer will help pay with collateral. He or she is known as the indemnitor.

What is an indemnitor?

The indemnitor cosigns on the bail bond.

What is collateral?

Collateral can be defined as cash, credit or real property, such as houses or automobiles.

What happens to collateral in Richmond?

If all goes well with the court case—there is no negligence or the accused does not flee—the collateral is safe, secure, and returned to you or the indemnitor.

What is a cash bond?

A cash bond—as opposed to what Bail Bondsman Richmond works with—is when the sum total of the bail is paid with cash. The cash is then returned upon court conclusion. Bail Bonds in Richmond deals with surety bonds, which are premiums of the bail (as explained above).

What are bail conditions in Richmond?

Bail conditions are what the judge orders after you pay the bail bond. They may include: continued employment and regular check-ins with your bail bonds agent. The number one bail condition is to show to all court proceedings.

What if someone doesn’t follow bail conditions or he or she flees the jurisdiction?

You are considered a fugitive in Richmond and a bounty hunter can bring you back if you flee jurisdiction. You will be placed in jail custody without bail. Also you and your indemnitor will lose all collateral. This rarely happens with Bail Bonds in Richmond.