Surety Bail Bonds
A private system of bail, free of taxpayers support. Privately licensed bail agents post bonds with the court, guaranteeing a defendant's appearance. Appearance becomes the sole responsibility of the bail agent and is the most effective bail system. When using the service of a surety bail bondsman, the client pays a percentage of the face amount of the bond to the bonding company in exchange for the bonding company posting the entire amount of the bail. This percentage fee is non refundable and the mandatory charge in the state of Michigan. However 1 Bail Bond Agency of Monroe offers the lowest rates in our area on most bonds with a qualified co-signer, no other bondsman offers as cheap of rates.
The defendant, or someone on his/her behalf, must pay the Court the full amount of the bail, in cash, in order to be released. The defendant and the co-signer, if any, must sign the bond that guarantees the defendant's appearance at future court appearances.
Own Recognizance Bonds
This system is a government system in which people who have not been arrested before swear before the court that they will appear on their own accord for all required court dates.
Cash or Surety 10% Bond
The cash or surety 10% bond means that anybody could go to the jail with 10% of the total bond amount in cash, or if going through a bail bondsman, the bondsman writes the bond as 25% of the total bond amount, charging standard rates on that amount.
Example on a $10,000 10% bond, any person could pay $1,000 to get the person out of jail, or a bail bondsman would write their bond for $2,500 (25% of the total $10,000 bond amount), and then the fee would typically be 10-15% of what the $2,500 bond the agent writes (a fee of $250-350).