Find answers to the most commonly asked questions about bail bonds for family and friends who may be incarcerated.
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A cash deposit or pledge to a court in order to persuade it to release a defendant from jail with the understanding that the defendant must return to court or forfeit the bail.
A bail bond is a financial guarantee to the Court that the defendant will appear in every court appearance relating to the charges as directed by the court.
You can call our office 24 hours a day, 7 days a week, at 540-431-3494. We are always open. We have several licensed bail agents that can assist you with your needs. Each person’s circumstance is different and our agents are available to discuss your situation and immediately, and, confidentially guide you through the bail bond process.
It is Virginia law that the premium cost for a bail bond is 10% of the full bond. (The premium for a $5,000 bond is $500.) You do not receive this money back. The premium is fully earned upon the posting of the bond.
No. The bond will not be discharged until the conclusion of the case. Some cases may require several court appearances. The bond remains in effect until there is a final disposition of the case, to include appeals.
A co-signer is an indemnitor who is financially responsible for the bail bond. A suitable cosigner must be over the age of 18, have a valid ID, have a stable residence, and income or assets that could cover the entire amount of the bond if the defendant were to fail to appear causing the bond to be forfeited.
When a court date is set for the defendant, whether it be the initial court date, or continuances thereof, the defendant is required to appear. If the defendant does not appear, the court will issue a capias which is an arrest warrant for the charge of failure to appear/contempt of court. The capias is a new criminal charge for the defendant.
Our office is able to monitor court dates for most defendants. As soon as we know that a defendant did not appear in court, we will begin the process of locating the defendant. If the defendant does not turn himself in, Elite Bail Bonds is responsible to the Court for the apprehension of the defendant.
Collateral is money or any other asset that you deposit with the bail bond company. Collateral is held until the bond is exonerated and the premium has been paid in full and then returned to the client.