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A secured appearance bond is performed by securing the bail bond amount with the collateral, and paying the state premium which is non-refundable. Secured appearance bail bonds are set by a judge typically at an intitial appearance court date. This court date occurrs within 24 hours of an arrest.
You can deposit collateral with a bail bond company to secure a bond with the court. The company will pay the court if the defendant fails to appear as required. Cash bail is different from cash-only bail. If the court orders cash-only bail, you cannot use bail bonds to post bail for your loved one.
Secured bonds are secured with collateral, e.g. by an asset or assets of commensurate value. Unsecured bonds are not secured with collateral, but investors who buy these bonds put their faith in the creditworthiness of the issuing company.
WHAT IS THE COST OF A BAIL BOND? In most states, including Arizona, the cost of a bail bond is 10% of the bail. Each state sets their own rates and those rates are non-negotiable. For example, if a bail is set at $25,000, then the premium charged is $2,500.
Initial Appearance Hearing The Arizona Rules of Criminal Procedure require that following arrest the defendant must be taken before a magistrate within 24 hours. At the initial appearance the magistrate will: Ascertain the defendant's true name and address. Inform him or her of the charges against him or her.
The Judge will look at the criminal history of the defendant. And, the Judge will also make a determination what community ties that the defendant has to the community and the court. The Judge makes all these?considers all these factors to determine if the defendant is a flight risk.
Assuming bail is permitted and you can pay the bail (or the secured deposit) yourself, Arizona jails accept three forms of payment?Postal money orders, Western Union money orders, or cashier's checks.
Secured Bonds With a secured appearance bond, you can get a bail bondsman to put up the money and essentially promise the court that you will appear or else the bondsman will find you, arrest you, and bring you before the court. This added security is often used to make judges more comfortable releasing you.
The party who posted bail will get their money back if the defendant shows up in court.
Posting Bail in Arizona You will likely need to supply the name and birthdate of the individual in question to get this information. Once you know the bail amount and booking number, you can visit the jail to make your payment. Accepted forms include USPS money order, Western Union money order, or cashier's check.