prison

Vital Things to Know About the Bail Bond System in California

The bail bond system is only inherent in two countries, the United States of America and the Philippines. But in both countries, there are similarities as well as differences. And that also is the case among all the states. In California, a recent development on their bail system is undergoing with a law that is passed to abolish the cash bail bonds because of its alleged racial and economic discrimination. Now, Californians will decide via a referendum in November 2020 on whether cash bail bonds will be outlawed in the state.

This development is indeed big news for bail bond agents whose earnings are dependent on defendants seeking for their bail bond services. A bail bond agent or a bail bondsman is a licensed person or company who provides the bail amount for the appearance in court of an accused individual. The premium on bail bonds San Jose is 10% of the total bail and it represents the earnings of a bail bond agent on a case.

Knowing how bail bonds work is truly helpful to a person who is arrested and accused of a crime. You should know the following details about bail bonds in California.

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Bail Schedule

A bail schedule shows how much bail is required for a crime committed, and this may differ from one county to another. When arrested, you can ask for the schedule or tell a bondsman to do it for you. When your offense is minor and is not on the bail schedule, you may be released immediately without paying bail. But when the crime is in the bail schedule, it means that you have to post bail.

Modifications on the Bail Amount

The bail schedule can be modified by the police. Your bail can be increased or decreased, which the judge will either uphold or change depending on the circumstances of the case. Your lawyer can ask for a hearing about your bail within two days after the arraignment to contest the judge’s decision.

Whether the judge will increase, decrease, or stick with the bail amount in the bail schedule depends on many factors like severity of the crime, criminal history of the accused, and threats made to the complainant or witnesses, among others.

Conditions to Decrease Bail

For you to be able to get a reduced bail amount, you can agree on some conditions like placing you in a house arrest with electronic monitoring and a remote alcohol monitor. Your driver’s license and passport will also be confiscated. You will not be allowed to travel outside the state or have any contact with the victim.

Bail Forms

accusedWith cash bail bonds being on hold until the November 2020 referendum to abolish it, the most convenient way to post bail is through a bail bond. By paying 10% of the amount to a bail bond agent, you can be released from jail after the bondsman assures the court to present you in court during hearings.

The bail agent will ask you for a collateral for the bail amount, which may come in the form of real property or valuables such as jewelry or painting. Because the bail amount cannot be refunded in case you don’t appear in court, it is the only way the bond agent can recover the amount he paid for your bail.…

mortgage rate

Top Reasons to Hire a Mortgage Broker

Most people planning to buy a home need a mortgage. Unlike a commercial loan, a mortgage is known to offer friendlier terms. But this does not mean that you can get even more favorable terms. When exploring different options, it is advisable to enlist the services of a mortgage broker. But unfortunately, some people overlook the need to hire a mortgage broker because they think that this move could see them pay more for the mortgage.

home keys

Not working with a mortgage broker often turns out to be a massive mistake that could end up making you pay more for the loan. Looking at the enormity of financial commitment that comes with taking up a mortgage, hiring a broker from www.perthbroker.com.au can be an excellent idea. Here are some reasons why homeowners looking for a mortgage should enlist the services of a mortgage broker.

To Help You Get the Best Deal

The jargon used by agents when it comes to taking up a mortgage overwhelms most people. Working with a mortgage broker, however, takes off the burden of having to understand all confusing terms used by the loan agent. The experience offered by mortgage broker will prove invaluable when it comes to assessing multiple loan options and helping you find a loan that suits your needs.

Time Savings

Another reason to work with a mortgage broker is that they will save you lots of time. Getting quotes from different lenders and comparing them against each other can be an arduous task for most people. Working with a mortgage broker, on the other hand, will take off this burden off your shoulders, thus saving you lots of time in the process.

Reduced Interest rates

Mortgage brokers bring in a wealth of experience to the search process. Because they have been in this industry for a long time, it is a lot easier for them to help you find the best deal for you. It is worth noting that a slight difference in interest rates can have a profound impact on the payable amount in the long run. Mortgage brokers understand this fact, and they will always be willing to work extra hours to ensure you get the best interest rates possible.new house

You Don’t Need to Pay

In most cases, you might not be required to pay the broker for their services. Instead, the institution financing the mortgage will compensate them. This does not mean that your interests might be compromised in the process; a good broker should act professionally. This means that they will always act to your best interests even though you might not be paying them.…

damaged house

Tips to Get the Best Florida Home Insurance Policy

Home insurance in Florida is one of the most demanded financial services for homeowners. If you count the risks that you face as a homeowner in this state, you will realize that you’re just one step from being homeless. Instead of worrying about things you have no control over, why not buy a home insurance policy? Check out these tips to get the best Florida home insurance policy for your home.

house insurance

Always Start by Doing Thorough Homework

Do not rush to buy home insurance before you know how it works. Take your time to understand the principles of insurance in general, then give careful thought to three major principles: utmost good faith, proximate cause, and indemnity. You also need to understand the risks that you face as a homeowner. For instance, Florida is a high-risk area for tropical storms as well as hurricanes. That is why the demand for home insurance in this state is always high. Also, understand the factors that determine the cost of home insurance before you say that the cover is too expensive.

Get Advice from Insurance Professionals

consulting

Before you look for an insurance company or broker, get in touch with an insurance professional first to give you a complete assessment of your home in terms of home insurance. Such a professional should give you guidance on the effect of the location of your home, other home insurance policies taken, and risk factors on the cost of your home insurance policy. The professional will also highlight other aspects such as renovation efforts aimed at safeguarding the home, size of deductibles, and claim frequency. Get as much information as much as possible from this expert before you visit a home insurance company.

Cut down the Cost of Insurance

Having gathered as much information on home insurance as possible, now make important strides in reducing the overall cost of insuring your home. All you need to do is try to make your home appear as safe as possible. For instance, install wind-resistant features as well as home security systems. You also need to demonstrate creditworthiness. Make sure that your credit score is high so that you can pay lower premium rates.

Look for the Best Quotes

Now you’re ready to ask for a quote. Choose the best home insurance broker in the market, preferably one that works with several home insurance companies. Choose a home insurance company with a sound financial standing that has a history of responding to claims.

burned house

All said and done; there is no place like home. It is a place to relax, unwind, and take a break from the madness of this world. If a fire consumes your home one day, for example, you do not just lose financially; you’re also emotionally drained. With a home insurance policy in place, you do not have to worry about what may happen to your house because your home insurance company will be there to compensate you for the loss.

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debt

How To Avoid Unnecessary Debts

I guess at some point you have found yourself in debts which you look back and see they are not worth the stress you are undergoing when you are repaying them. You may have financial stability, but because of the small mistakes, you make in life you will find yourself in debts and not even necessary debts. Being in debts is not a bad thing, but it should be worth the hustle. For instance being in debt because you took a loan to build your commercial building is worth the stress unlike taking a loan to buy nice furniture for your house. There are easy ways you can use to keep off from unnecessary debts. Discussed in this article are some of them.

Plan to prioritize debt payments

Debts are the best way you will be able to sort out yourself when you are in a financial crisis, so they are not debtbad. They only become bad when you are taking, for instance, a loan for the wrong reasons. Therefore once you are in any debts, you should check and see the debt which you will need to give priority. This aspect will enable you to be in contact with your creditors and also you will maintain a good financial credit history. A good credit history will see you acquire a loan because creditors can trust you.

Write a payment plan for your debts

debtWhen you find yourself in debts, it is better if you get a good plan on how best you will be repaying the debts. Look for the best alternative to use in settling the debts. You can check your current financial status and see how much you are able to save or you can check on what you expect to receive in the near future. When you find yourself in serious debts, it will be advisable if you avoid spending money on unnecessary spending. This will help you save your money and be able to repay your debts with ease.

Talk to your creditors

When you get in debts, and they became extremely difficult to repay, it could be better if you get back to your creditor and talk to them. You may be in debts but repaying it will be difficult. In such a scenario you can’t force out situations. Just visit the creditor and have some talk with them. You may reach an agreement and change the terms of repayment. The creditor will give you other options you will use to settle he debts.…

Finance Insights: Why Loans are Significant in Life

Every individual has his or her own financial needs which they want to fulfill, but at times due to constraints in finances, you realize you are not able to satisfy them all. For this reason, you will think of seeking a loan from government organizations, private organizations, banks or even creditors. Every loan lender will have their loan regulations which will need to be attained before you can receive your loan. Some people are skeptical about seeking loans, but loans are significant in your life. This article highlights some of the reasons why you require a loan in your life as skeptical you may be.

When you want to build or buy a house

With the current economic situation buying a house or building a home is not easy as it was before building housematerials have skyrocketed in prices, land for purchasing has also increased in value and paying for the building services is a loss a bit hectic. For this reason, to make your home ownership journey a bit simple, you should seek a loan from lenders of your choice. The loan you receive will see you buy or build your dream home and later pay the loan slowly until you complete the debt.

Expand or start a business

Starting a business requires you to have some significant amount of money depending on the business you are doing. On the other hand, when you want to expand your business you will also need to have some good amount of money to make the necessary changes. Because of these reasons you will need seek a loan if your financial stability is not good. Most creditors or banks have special loans meant for business people. This makes it easy for you to qualify for a loan as long as you own a business.

To pay for your education

studentAs a student, you may not be in a position to raise enough funds to pay your school fees. Similarly, your parents or guardians may not be able too. Therefore in such case, you can opt to seek a loan from the lenders. In most cases, there are loans which are given by the government to their students. Thus loans are only repaid after the student completes the course and has started working. They are the best education loans you should consider in case you need one.

To buy a car

Owning a car is the best feeling you will have when you start driving it. This will be great because a private car is very convenient and comfortable unlike when you are using public means. For this reason, many lenders have realized the need for cars by many customers and have special packages for car loans which will suit customers with car needs.…