In 2018, a staggering 10 million people were arrested in the United States.
If you or someone close to you fall into this statistic, affording bail can be difficult if not impossible.
For cases like larceny, theft, and robbery charges, a bail bond needs to be secured for a defendant’s release.
But what is a larceny and theft bail bond? What is the process of obtaining one?
We’ll explore these questions so that you can better understand how the system works.
When it comes to South Carolina laws, larceny and theft are similar crimes.
Depending on the situation, these offenses can be classified as either a felony or misdemeanor. In some cases, the bail amount is pre-determined while in others the court has discretion over the matter.
Moreover, there are six degrees of larceny in South Carolina which also affect the potential bail amount – for example, first degree larceny can have a bond of over $10,000 whereas sixth degree larceny would be significantly lower.
The same applies for theft charges with higher penalties attracting larger bails too big to pay out of pocket – this is when bail bonds come into play and help make sure you meet your financial obligation quickly and easily.
Once a person has been arrested, they are usually offered the chance to be released from jail upon depositing a certain amount of money with the court.
However, if the accused cannot pay bail in full, they can turn to a bail bond company.
This kind of surety is provided by these companies who agree to pay the full amount of bail should the defendant fail to appear in court.
The fee for this service typically involves some percentage of the total bail cost; plus collateral as security so that if the defendant does not attend future hearings, the bond agency can claim said asset and pay off court costs.
The process of finding a reliable surety company to put up bail can be overwhelming.
The complicated terms and hidden fees associated with South Carolina’s bail bonds make it difficult to navigate the system, but we are here to help.
We offer free consultations and efficient service when it comes to larceny and theft crimes bail bonds. Reach out today for assistance, so you can get the justice you deserve as soon as possible.
Let us take care of all the details so you don’t have to.
We are here to simplify the process for our clients in need.