Ventura County, California is in the top highest income counties in the United States. As part of the Tech Coast region of California, there are a number of technology corporations within the county. However high incomes may be, an arrested individual may not be capable of easily posting bail in order to be released from prison until his or her court date. This is where private companies offering bail bonds Ventura County residents need come in. These bail bond companies offer a surety bond, helping the accused have the ability to post bail.
Typically, the accused individual simply needs to come up with ten percent of the bail amount. The bail bondsman providing the bail bonds to the person in need pays the remaining amount. Since bail is set in order to ensure the accused shows up at all court dates, the money is returned after the requirements are fulfilled. At this point, the bonding company gets back all one hundred percent of the bail, keeping the ten percent put up by the accused as a fee for bond service. The return of the bail money is supposed to be an incentive for the arrested individual to appear at court dates. If the accused decides to flee instead of meeting court obligations, the bail company offering the Bail Bonds Ventura residents need could be out a significant amount of money.
For this reason, most of the companies posting bail bonds Ventura County defendants require demand something for collateral on the bond. This could be anything from houses and cars to jewelry and valuable antiques. If the bail bonds are repaid through the return of the bail money by the court, the item put up for collateral will be returned to the accused. Bail bonds companies also have the right to send bounty hunters after a fleeing individual in order to get their money back.
Most states in the United States, like California, have allowed private bail bonding for many years. The process allows accused individuals to care for their families and get ready for court appearances better. In addition, the state does not have to care for and feed as many prisoners in already over-crowded prison facilities. Most private companies offering bail bonds are available 24/7, so an individual can get the bail bonds Ventura County courts require as soon as the jail processing or arraignment is over.