Most bail bonds require the bond be ‘indemnified’ or ‘guaranteed’ by a responsible third-party. This person is the indemnitor or cosigner. The cosigner will be able to pay the full bond amount if; the defendant flees, doesn’t return to court, and courts demand full payment of the bond.
The bail amount determines the collateral and indemnification required for the bond. Collateral is an asset we use, to secure the bond. Collateral can be cash, items of value, or real estate. Finally, we will return the collateral to the cosigner when court is complete.
We consider many factors if we decide to write a bond. We will conduct telephone and/or personal interviews with the defendant and cosigner. Our bail agents will help you through the process which includes asking detailed financial and personal information of everyone involved. We keep the information private and only use it for bond purposes.
The bond premium (purchase price of the bond) is set by Nevada statute and is fully earned upon the defendant’s release and is not refunded.