FAQ

Security, usually in the form of a bond, exchanged for the release of an arrested person as a guarantee of that person's appearance in court.

A bail bond is a guarantee given by bail bonds company to the court for the appearance of the defendant at all of his required court dates.

A bail agent is a person licensed by the Mississippi Department of Insurance to write bail bonds.

Call us at (601) 853-7904 anytime 24 hours a day, 7 days a week. The agent on duty will need the full name of the defendant, the name of the jail that he is in, and his date of birth or booking number. The agent will then contact the jail and find out what his charges are and the amount of his bail. The agent will then call you back to tell you how much the bond will cost, what type of collateral will be required, and to arrange a meeting to fill out the required forms. You can expedite this process by printing out the application and filling it out prior to meeting the agent.

We charge a fee equal to 10% of the defendants bail plus a flat per bond service charge of $50.00. This fee is called the premium. Thus, if a defendant's bail is $10,000 the premium would be $1,015.

No. The premium is our fee which we earn by taking the risk that the defendant will fail to appear for his court dates and we will be forced to pay the bond.

No, under certain circumstances, you can pay as little as half of the premium upfront with balance paid in payments.

The premium is due annually. Thus, if the defendant's case lasts 1 years, a renewal premium would be owed.

It depends on many factors, the most important of which is the amount of the bail and the nature of the charges. Many smaller bonds can be written with the signature of just one indemnitor who is employed and has been working at his job for a year or more. Large bonds will require several indemnitors with good jobs and/or a deed of trust on the property with sufficient equity to cover the amount of the bond and foreclosure costs, some amount of cash collateral, or a combination of all of these.

A person who agrees to pay us for all of the losses on the bail bond including, but not limited to, forfeiture costs, investigator fees, unpaid premium, attorney fees, foreclosure fees, interest, and other costs. Indemnitor is synonymous with co-signer.

A lien on real property for a specific amount of money.

Yes, when the bond is exonerated, provided that the defendant has not forfeited and there is no premium owed. If the defendant does forfeit or premium is owed, your property will not be reconvened until all premiums and expenses are paid and your property may be foreclosed upon to pay these expenses.

Yes, when the bond is exonerated, provided that the defendant has not forfeited and there is no premium owed. Even if the defendant does forfeit or premium is owed you will still get your cash collateral back minus the expenses caused by the forfeiture or the premium owed.

The court will order the bail bond forfeited and have 180 days from the date of forfeiture to find the defendant and return him or her to court. Usually the defendant fails to appear due to mistake or inadvertence and his bond can be reinstated provided that he contacts us immediately after his failure to appear. If he does not contact us immediately, i.e. usually within 30 days, after his failure to appear we will assume that he or she has skipped bail.

Unless we can get an extension, we will have to pay the entire amount of the bond to the court. Thus, if we posted a $10,000 bond and the bond is not exonerated within 185 days, we will have to pay the entire $10,000 to the court. Of course we will execute on the collateral to recover this cost.

A bail skip is a person out on bail who has failed to appear for one of his court dates. We hire skip tracers, also known as fugitive recovery agents, to locate skips and surrender them into custody.

Yes. Pursuant to Mississippi Code section 99-5-27 A bail agent, at any time, may arrest its principal anywhere or authorize another to do so for the purpose of surrender of the principal on bail bond.

An exoneration is the court order which ends our liability on a bail bond.

Usually, an exoneration is issued when the case is terminated by the defendant being acquitted, convicted and sentenced or pleading guilty and being sentenced. An exoneration will also be issued if the defendant is surrendered within the forfeiture period or if the court made a procedural error sufficient for us to get an exoneration via a legal motion.