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How Bail Bonding Works
When a defendant cannot provide the full cash bail amount, Hawkeye Bail Bonds
can provide a surety bond for the full amount, typically for a fee of 10% of the
bond's value. Hawkeye gives the court its promise of full repayment if the defendant
fails to appear.
The indemnitor guarantees the defendant's appearance and is responsible
for repaying Hawkeye any losses caused by the defendant's failure to appear. If the
court declares that the bond is forfeited due to nonappearance, Hawkeye immediately
pays the state the full bond value. Hawkeye retains the bond fee whether the defendant
is found to be guilty or innocent. |
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The Benefits of Private Bonding
Private bail bonding has long served both the public and the court system. Its right to
serve the public is expressed in the Eighth Amendment to the Constitution forbidding
excessive bail.
The indemnitor, or guarantor, system used by Hawkeye has proved itself a highly effective
tool. With a court appearance rate approaching 100% -considerably higher than "own
recognizance" or other release programs -courts are more certain that defendants will
appear. Additionally, no tax money is risked by utilizing the private sector.
More...
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Rely on Hawkeye
Hawkeye Bail Bonds is setting a new standard for the bonding industry by consistently
raising its level of service and performance. The company's professionalism and convenience
ensure that conducting business with Hawkeye is beneficial for defendants, attorneys and the
courts. More... |
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