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Typically, the paperwork in our office takes about 30 minutes and the jail 1 - 5 hours to release the defendant.Read More
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Bail Bonds are regulated by the Department of Insurance, so by law every bail bond agent must charge the same premium, which is 10% of the bail amount. This money is non-refundable and “gone” once the defendant is released from jail. There are small discounts that may be applied, for instance, if you have a private attorney on retainer already, etc.
Here is an example of the typical situation: a defendant gets arrested and a judge has a bail set for those charges. Once the defendant gets to jail, they call a family member or friend. The individual that the defendant calls then has two choices.
First choice, if the bail is set at $25,000, they can get $25,000 in cash and go to the jail and post a cash bond with the full $25,000 directly with the jail. Once the defendant has met all of their obligations with the court and the associated charges, whomever put up the $25,000 gets it all back.
Second choice, the individual can call a bail bondsman. The bail bondsman would meet with the co-signer and can charge no more than 10% (which in this case would be $2,500). By co-signing on the bail, the individual guarantees the bail bondsman the balance of the $25,000 if the defendant decides to skip out on the bail. If the defendant misses their court date then the bail bondsman and the co-signer have 181 days to locate and turn in the defendant in order for the co-signer to not be liable for the full $25,000.
Qualifications for being a co-signer to post bail differ on a case by case scenario. But what I can tell you is anything $25,000 and over must be co-signed by somebody that can back it with real estate property. Meaning, they must have their most recent property tax bill, and whomever is listed on that property tax bill must be present to co-sign.
This can be paid by cash, credit/debit card, money order or cashier’s check, and in some instances with financial proof we will take personal checks.
Individuals who have retained legal counsel are eligible for an 8% bail bond rate. Have you retained an attorney? Have your attorney call us at 530-342-6288.
California law states that a bail bond can be no more than 10% of the bail amount. If a judge sets bail at $25,000 for an inmate and he or she doesn’t have $25,000 they, or one of their friends or family members (co-signer) will need to pay a bail bondsman a non-refundable premium of $2,500 to post their bail. (*see below for payment options)
For qualified individuals we can offer a 10% to 30% savings on your premium. This discount can result in substantial savings.
Premium Rates: Lowest legally filed premium rate of 7% for Attorney Client Referrals – Bail in the state of California is regulated by the Department of Insurance. (http://www.insurance.ca.gov/0250-insurers/0500-legal-into/0200-regulations/Index.cfm)
*Chico Bail Bonds offers payment arrangements ad financial options to our clients. No payments are available for bails set at $15,000 or less. Over $15,000 is 50% down and balance paid in five equal payments.
It will take about 30 minutes to do the paperwork at our office.
Cash, Cashiers Check, Money Order, Credit or Debit Card, and with proof of funds - sometimes a personal check.
After the paper work at our office is completed, we would need whomever is bringing the defendant home to follow us to the facility they are at. Most facilities take 30 minutes to 5 hours
A cosigner, someone who is willing to sign for the defendant, is responsible for the following four things:
The responsibilities of a defendant are the following:
No, that money is non-refundable upon release from the jail on the bond we posted. However, if we are unable to post the bond under certain circumstances, we are able to issue and refund.
No, but in some circumstance the defendant must immediately come into Chico Bail Bonds after being released.
There are several benefits to consider
Chico Bail Bonds truly is a 5-star company. We had a key employee get taken in on an outstanding traffic warrant. It happened to be at the peak of our busy season, which made the situation stressful enough. When we met with Matt and his team, they made the whole process completely stress free and easy to understand. I would definitely recommend Chico Bail Bonds to anyone looking for an affordable easy to work with bail company.
Mike Sohnrey of Sohnrey Ranches Inc.
Chico bail bonds bailed me out with one phone call and in a matter of less than one hour I was out of custody, everything was taken care of quickly and very professionally I would highly recommend this company.
I always thought a bondsman would be stereotypical. Matt is anything but. He is a cheerful, friendly, family-guy. The office is very professional and comfortable. I would recommend anyone to Chico Bail Bonds should they find themselves in need.