Topo Padilla of Greg Padilla Bail Bonds Talks Bail Bond Reform on The Legal Hour with Mike Chastaine.
What is the cost of a bail bond and is that cost refundable?
The cost of a bail bond in California is regulated by the California Department of Insurance.
Our insurance companies file rates with the Department of Insurance. In California it is ten percent of the bail bond. However there is the ability of when certain factors are met to have the premium drop to as low as eight percent. So the cost is just like car insurance, house insurance, or life insurance. You pay an insurance premium to those insurance agents. Well we’re insurance agents as well. So the cost of a bail bond, on let’s just talk about it. The standard rate is ten percent. So if the bail is set at twenty-five thousand dollars you would pay a bail bondsman two thousand five hundred dollars. That’s an insurance premium. One of the things that we do at Greg Padilla Bail Bonds, is we go through every stitch every line of the contract, so that you understand it before you leave our office or you ever do business with us. And one of the things that we go over time and time again is this: the premium for the bail bond is fully earned upon the release of the defendant from jail the fact that he may have been improperly arrested bail reduced and or if his case is dismissed, shall not obligate return of any portion of said premium. So that fee is earned by us. That’s how we operate and stay in business and that’s how we get paid for taking the risk we do when we bail people out of jail.
So no, the insurance premium is not refundable. Often times it’s unfortunate that we bail people out of jail and then they go to court and the DA decides not to file charges. Well that’s very fortunate. I mean one should be absolutely thrilled about it. However, often times they look at us as though we’re the enemy… as though we ripped them off. Well first and foremost we in the bail industry don’t set the bail amount. Bail amounts are set by a bail schedule that each jail has throughout California. Those are set by judges. We don’t set that. And then secondly, we don’t know if the person that they’re going to file charges or not. I guess one could say, I mean… and I hate to be sarcastic, but I mean would you rather have them file charges so you can get your money’s worth? And in really and truly often times we have to say that to people because I say when we bailed you out, we explained this about the insurance premium. And now that they haven’t file charges it is very fortunate and unfortunate. But I think to the latter it’s very fortunate that they didn’t file charges. And you know with regard to whether they file charges or not. The fact of the matter is it’s it’s not determined that you’re guilty or innocent it. is that the district attorney has decided that this case may not be prosecutable to the extent that they could get a conviction in trial. They’re certainly not saying everybody’s innocent or they were wrongfully arrested if they decide not to file charges. That’s not what they’re saying .They’re just saying we don’t know if we could get a conviction with the evidence and the witnesses we have. So you know to that extent, a bail bond is it is a very good and necessary part of the criminal justice system because it keeps the wheels of justice turning. It helps people get out of jail while they’re going to court.
So that’s that’s how that works as far as a financial end of a bail bond.
530-458-8880 – Colusa County
HOW BAIL WORKS AND OTHER FREQUENTLY ASKED QUESTIONS
Although bail bonds are a term that has cemented itself in the American lexicon, many people don’t understand what a bail bond is or how bail works, what the cost of a bail bond will be, or how posting bail works. We’re here to answer all of these questions (and many others) to help make the bail bonds process as simple as possible.
What Happens To My Bail Bond If I Missed My Court Date?
A bail bond has one purpose and that is to insure the appearance of a person in court. The bail bond is an insurance policy between the court and our agency to guarantee your appearance in court. The bail bond is valid for the entire time a person is going to court once the person is released on bail.
Per the instructions given by our agent, you can either fill the forms out and fax them back to our office at 916-446-1076, or if you have the ability, you can download the forms, print the necessary forms, fill the forms out, then you can either scan them and then e-mail them back to firstname.lastname@example.org or you can fax them to 916-446-1076. Again this process will be discussed with you by our agent at the time of your initial call.
Pay for Bail
To pay for your bail, click on the “Pay Now” button below, which will take you to a secure encrypted PayPal page where you can pay the amount of bail you have been required to pay.
Immediate bail bond services in Colusa (Colusa), California.
Nationwide service available.
Topo Padilla Insurance Lic#: 1639213
Greg Padilla Insurance Lic#: 1570027
What Would Make a Person Choose One Bail Bond Company Over Another? | Topo Padilla of Greg Padilla Bail Bonds Explains
So what would make me choose one bail bond company over another?
Well first and foremost, the bail industry is made up of some of the most dynamic, motivated, hard-working people you’ll ever find in any industry.
In our industry over the past 20 years things have developed. There’s some large corporations that are in the bail bond industry that make up, you know a small segment of our industry. There are a lot of one and two-person operations where they might not have any employees that might just be partners and that’s it. And then there’s a segment, you know, kind of what we fall into here at Greg Padilla Bail Bonds. And that is we’re a family owned and operated business. We have 13 employees, we operate 24 hours a day, seven days a week. While you’re still dealing with a big company, which we are, we can handle anything and everything you need throughout the country. At the same time you’re going to get personal service. My father and I are here every day, one of my family members is pretty much going to be here every day. But even at that, the employees that work for us are people that have worked with us for us for long term. I have 25 year employees down to 5 year employees… that they’ve been with us.
And so you know what you want to do when picking on a bail bond company is as find one that is going to answer your questions and your concerns… and you feel comfortable those answers and those concerns. You you know, you kind of want to stay away from the fast-talkin’ sales pitch or the high pressured situations you want to make sure that you’re comfortable with what you’re being told your concerns are being addressed and in the timely manner. Because a lot of times when you call some of these smaller companies you know they might be off doing something else they don’t have any other employees they can call and they might not be able to address your situation as quick as you want.
The bigger corporations, you know they’re they’re great. I can’t say anything too bad about them other than the fact that those corporate dollars that they make may not stay in the community and not something you want to think about and they might have a bigger mindset of taking care of you personally you know just like some of the big fast food chains or not as good as the local restaurants that you can go to that good burger you can get at the hometown feel. And again, knowing that when doing business with a company like Greg Padilla Bail Bonds, your money is going to stay local. We’re going to stay in our communities, we’re involved in our communities, we take care of a lot of non-profit organizations we give to a lot of organizations in our community and you know that’s one of the reasons why I think a company like ours stays in business. We take care of our employees and at the end of the day our customers leave here knowing they came in with a handshake and often times they leave with a hug.