Nebbia Bonds
Specialized Bail Bond Services
Nebbia bonds are specialized bail bonds that are required by the court to verify the funds or assets used for bail are obtained through legitimate means.
Gather required financial documentation
Prepare legal proffer documents
* Present evidence to court
* Prove legitimate source of funds
* Once approved, we post the bail bond
* Defendant is released
FINANCIAL STATEMENTS
Bank statements and legitimate sources
SOURCE OF FUNDS
Proof of income and
legitimate sources
ASSETS
Property deeds and vehicle titles
PERSONAL IDENTIFICATION
Nebbia Bonds
What is a Bail Bond?
Understanding Bail Bonds
A bail bond is a financial guarantee that allows a defendant to be released from jail while awaiting trial. It ensures that the defendant will appear in court as required. If the defendant fails to appear, the bail bond company is responsible for paying the full bail amount to the court.
How Does It Work?
When a person is arrested, a judge sets a bail amount based on the severity of the crime. The defendant can pay this amount directly to the court or seek the help of a bail bond agent. The agent typically charges a fee, usually around 10% of the total bail amount, and may require collateral.
What Happens if the Defendant Fails to Appear?
Consequences of Missing Court
If a defendant fails to appear in court, the bail bond is forfeited, and the bail bond company must pay the full bail amount to the court. The company will then seek to recover this amount from the defendant or any co-signers on the bond.
Legal Actions
The bail bond company may also take legal action to locate the defendant, which can include hiring a bounty hunter. This process can lead to additional costs for the defendant and their co-signers.
What is Collateral in Bail Bonds?
Understanding Collateral
Collateral is an asset that a bail bond company may require to secure the bond. This can include property, vehicles, or other valuable items. If the defendant fails to appear in court, the bail bond company can claim the collateral to recover their losses.
Types of Acceptable Collateral
It’s important to discuss with the bail bond agent what types of collateral are acceptable and the process for evaluating its value.
How Much Does a Bail Bond Cost?
Cost of Bail Bonds
The cost of a bail bond is generally 10% of the total bail amount set by the court. For example, if the bail is set at $10,000, the bail bond fee would be $1,000. This fee is non-refundable, even if the defendant appears in court as required.
Additional Fees
Some bail bond companies may charge additional fees for services such as payment plans or collateral evaluation. It’s important to discuss all potential costs with the bail bond agent before proceeding.
Can Bail Bonds Be Repaid in Installments?
Payment Plans for Bail Bonds
Many bail bond companies offer payment plans to help defendants afford the bond fee. These plans typically require a down payment followed by monthly installments. It’s essential to clarify the terms and conditions of the payment plan with the bail bond agent.
Understanding Your Options
Before agreeing to a payment plan, ensure you understand the total cost, interest rates, and any potential penalties for missed payments.
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