What Is A Bail Bondsman?
Legal issues can be difficult to handle, especially when the vocabulary itself tends to be rather complex. From police officers to bailiffs and everything in between, there are plenty of roles and titles to remember. One of the more common individuals you might be likely to encounter should you find yourself or a loved one arrested is a bail bondsman. But exactly what is a bondsman and what do they do? Let’s take a closer look at bail bondsmen in Las Vegas and what you need to know.
What is a bail bondsman?
In the simplest terms, a bail bondsman is someone who sells bail bonds. Think of a bail bond as an “insurance policy” that the individual who was arrested will show up to court at the scheduled times. If they don’t, the bail amount is forfeited to the court.
If someone’s bail is set at $500, for example, and they are bailed out but fail to appear in court, that $500 now belongs to the court. Whether they show up to court or not, the defendant must pay the bail bondsman a one-time fee for their service.
Bail Bonds In Las Vegas
Bail is often more expensive than people can realistically pay in a lump sum. This is why bail bonds and bondsman are necessary. When you purchase a bail bond, you’re buying the aforementioned insurance policy at a fraction of the set bail. This makes posting bail and leaving jail as quickly as possible more attainable, but keep in mind that you’ll likely also end up leveraging collateral against the rest of the cost. After all, if you pay $100 to purchase a bail bond of $1000, how can the bail bondsman be sure they’ll receive the remaining $900 if you fail to appear in court?
Bail bonds in Las Vegas, as in the rest of the country, often require collateral. This includes things like a lien on a home or even requiring the defendant to sign over their car title.
Bail Bondsman In Las Vegas
In order to offer bail in Las Vegas, you must be a registered bail bond agent. In order to attain that license, there are a few different requirements that must be met. First, an application must be submitted on forms offered by the Department of Insurance. Applicants must be at least 18 years old and be a resident of Nevada. Fourteen hours of continuing education courses every two years must be completed, and the applicant must pass a written exam before they are able to receive their license.
Bail bondsmen must keep ‘reasonable business hours’ – hours that make it possible for the public to access their service. They must pass credit report examinations and background checks and ensure that their fingerprints and photo on file are current.
If you or a loved one has been arrested, the team at 24/7 Las Vegas Bail Bonds can help! Reach out to us today so that we can work to get you or a loved one out of jail as quickly as we can. Call us at 702-899-2775.