Q: What is a bail bond?
A: A bail bond is a financial guarantee to the court that the defendant will appear in each and every court appearance as the court directs. If the defendant fails to comply with the conditions of the court then warrants can be issued and the bail bond can be forfeited.
Q: Where can a bail bond be posted?
A: A bail bond can be posted at most courts and jails. Most jails accept bail bonds 24 hours a day, 7 days a week, 365 of the year.
A: You can get a bail bond by calling Cowboy Bail Bonds at one of our three locations. One of our licensed bail agents will confidentially discuss your individual situation and assist with all of your bail bond needs.
Q: What hours do you operate?
A: Because people are arrested both day and night, our agency is open 24 hours a day, 7 days a week, 365 days a year. Please feel free to call Cowboy Bail Bonds anytime at one of our three locations.
Q: How much does a bail bond cost?
A: Most bail bond premiums (fee) start at ten percent of the full bail amount. For example, if the full bail amount is $40,000.00, the premium for the bail bond is $4,000.00. These fees are established by the surety companies and regulated by the Department of Insurance.
Q: What will I need in order to secure a bail bond?
A: In addition to the required bail bond premium, you will need proper identification, such as a pay-stub or other verification of employment. The bail bond agent will also need personal information from you such as your social security number, birth date, driver’s license number, address, phone numbers, employer’s name, address and phone, and any other information deemed necessary to help determine whether you qualify as an indemnitor (co-signer).
Q: Is the bail bond premium refundable?
A: Once the bail bond is posted and accepted by a court or jail, liability is taken on the bail bond. At that point the bail bond premium is fully earned and is not refundable.
Q: How long is a bail bond good for?
A: A bail bond is valid up to one year. If the case goes beyond the one year, the premium must be repaid in order to keep the bail bond current.
Q: Who is liable for the bail bond?
A: The indemnitor is financially liable for the bail bond. The indemnitor’s liability is limited to the full face value of the bail bond. Note: It is very important the indemnitor feels confident the defendant will appear in all of his/her court appearances or posting a bail bond is not recommended.