Surety Bonds in El Paso
When you need a surety bond in El Paso, 1 Stop Bail Bonds/1 Call Bail Bonds is here to help. Surety bonds ensure that a person will fulfill their obligations, whether it's attending court dates or meeting contract terms. Our experienced team can guide you through the process, offering quick and reliable surety bond services.
We provide affordable options and flexible payment plans to make it easier for you. No matter your situation, we are available 24/7 to answer your questions and assist you. Contact us online to get started.
How Do Surety Bonds Work?
Surety bonds in El Paso are a type of financial agreement that provides a guarantee to the court that a defendant will fulfill their obligation to appear for all scheduled hearings. When a defendant cannot afford to pay the full bail amount, a surety bond offers an alternative. Instead of paying the bail in full, the defendant or their cosigner pays a percentage to the bail bond company, and the company then guarantees the rest to the court.
The four key parties involved are the principal (the defendant), the obligee (the court), the co-signer (who the surety will charge if the defendant skips court), and the surety (1 Stop Bail Bonds/1 Call Bail Bonds). This arrangement allows the defendant to be released from jail while ensuring the court receives payment if they fail to appear. Surety bonds offer a practical way for individuals to secure their release without the financial burden of paying the entire bail upfront.
What is a surety bond?
A surety bond is a legal agreement where the surety (bail bond company) guarantees that the principal (defendant) will meet their obligation, such as appearing in court.
Who is involved in a surety bond?
Four parties are involved in a surety bond: the principal (defendant), the obligee (the court), the co-signer (who the surety will charge if the defendant skips court), and the surety (bail bond company).
When are surety bonds required?
El Paso surety bonds are required when a court sets bail for a defendant and the defendant cannot afford to pay the full amount in cash. This is common in legal cases where bail is set at a high amount, and the defendant needs a more affordable way to secure their release.
How much does a surety bond cost?
The cost of a surety bond is typically 10% of the total bail amount. For amounts below $1,500, there is usually a flat fee.
Are surety bonds refundable?
No, the amount paid for a surety bond is not refundable. It covers the cost of the bail bond company's service in guaranteeing the defendant’s appearance in court.
Get Help with Surety Bonds Today
Need a surety bond? Contact 1 Stop Bail Bonds/1 Call Bail Bonds for fast and affordable service. We are available 24/7 to assist with your bail needs. Call us now at:
1 Stop Bail Bonds: (915) 544-7867
1 Call Bail Bonds: (915) 533-2255
