Bail Bond Frequently Asked Questions
There might come a time when you find yourself in an awkward situation. And this difficult situation can involve you being charged with a crime. To make this situation even worse, you might not have the money to post bail in order to get out of jail with no money, meaning you’ll have to stay in custody until and during the trial. Everyone can agree that sitting behind bars is not somewhere you want to be, especially if you are innocent and don’t deserve jail time. But this is also where bail bondsmen come in very handy.
Bail bonds can be a lifesaver when you don’t have the money or collateral to post bail. However, it’s not just about applying for a bond just because it seems like the easiest option. There are requirements involved, in addition to other considerations you always have to keep in mind. If you aren’t familiar with bail bonds, and you are in a position where you need one, go through these common questions and answers.
By contacting a bail bondsman, you can get your freedom back and get released from jail until the end of the trial.
What Is A Bail Bond?
If you have been taken into custody for a criminal offense, and the judge grants you bail, it will come with a monetary value. The judge gives you a choice to pay the bail amount he or she has set, or you will remain in custody.
The first thing people ask is bail refundable? Keep in mind; bail money will be returned to whoever posts it at the end of the trail. But the conditions of bail apply, and fleeing or getting arrested is going to cost you or your friend’s money.
Another question we get a lot is how to bond someone out of jail without money? If you, your family member or friend doesn’t have the money for bail, you have two other options. The first is to offer collateral, which can be something like a piece of property. If it is legally owned by the person using it as collateral, and the value meets or exceeds the bail amount, it can be used instead of cash.
The other option is to get a bail bond loan, and you need to speak to a bail bondsman for this. A bail bondsman will give the full amount of the bail, but it comes with certain conditions.
These include paying an upfront deposit, which is non-refundable, in addition to a monthly premium for the duration of the trial. When the case is over, the bail bondsman pays the small admin fee and gets his or her money back.
How Do Bail Bonds Work?
The process is pretty straightforward. Either you or your lawyer can contact several different bail bondsmen for different quotes, after which the case is explained to them. They will assess the case, and the odds of you winning, as well as look at your credit rating.
There are several factors they will take into consideration before approving the bond, but when they do, you get to go home for a while.
As mentioned earlier, you are going to pay a deposit, seeing as the bail bondsman is taking a risk. And the monthly premium you pay is part of the profit they make.
If for some reason you decide to run or miss court appointments, some states allow bail bondsmen to hire bounty hunters to arrest you again.
Are You Able To Post Your Own Bail?
If you are financially able at the time of your arrest able to pay for bail, then you can bail yourself out and become the sole cosigner. However, due to the fact that bail is regarded as a cash bail, you most likely will not have this cash amount on you once you have been arrested. This is in most cases not plausible for the majority of people and not common at all. However, posting your bail bond through a surety agency is.
How Much Do Bail Bonds Cost?
This is going to differ from bondsman to bondsman, and it can range between anything from 10% of the overall bail amount and up. That’s why it is critical to find a bail bondsman that can offer the most affordable deal.
When To Contact A Bail Bondsman?
Even though it might seem like the easiest road to take, you should always consider all your options first. If you can get some collateral together, you won’t have to lose money over something you’ve been wrongfully charged with.
At the same time, a bail bondsman might just be the answer you are looking for when no other options exist. Speak to your lawyer before making a final decision, and do the math before signing any deals. There is no point in making your situation any worse.
What Should I Know Before I Contact A Bail Agent?
Know that you have options before you make the call. If you don’t have the cash for the bail, then maybe you have property or other assets as collateral. Alternatively, you can ask a friend or family member if they will consider posting the bail for you or to put up collateral.
The reason why you want to look at your other options is that they won’t cost you anything. Bail money is returned if the defendant shows up for court dates as ordered by the court, but a bail bondsman requires a fee. In addition to paying a deposit, which is usually 10% of the total bail amount, you will have to pay a monthly premium. This money you won’t be getting back, meaning if you are innocent, you are paying for something that shouldn’t be happening in the first place.
While a bail bond can be incredibly useful in a very difficult time, they should be considered as the last option for obvious reasons.
How Does The Bail Bond Process Work?
Applying for a bail bond is not a complicated procedure. The bail bondsman will assess your case and decide whether they are willing to risk posting bail. If they do agree, your bail will be paid in full, and you will be free to go.
However, if the judge feels you should not be allowed to apply for bail, a bail bond is not going to help you in any way.
Can The Defendant Leave The State Or The Country While On Bond?
Whether the defendant can leave the country or state is up to the judge. If permission is not given, the defendant will have to ask for it from the court, and from the bail agent. If permission isn’t requested and the right channels aren’t followed, the defendant can be re-arrested.
What Do Bondsmen Accept As Collateral?
Just like you can use assets to post bail in court, you can do the same with a bail bondsman. If you own something with value, like a car or property, this can be used as collateral. However, whatever the asset may be, it has to be paid in full and belong to you on every level.
What Happens If The Defendant Gets Re-Arrested While Out On Bond?
Seeing as bail bonds operate as separate entities, getting arrested again shouldn’t affect the existing bond. In fact, you can call the same bail bondsman if you’ll be needing a second bond, which is going to require the same steps as the first bond.
There is a complication involved, and it speaks to the time and showing up for court cases. For example, getting arrested in another county can prevent you from showing up for your court date for the first bond. Naturally, the agent has to be called, in addition to the court, and arrangements need to be made.
But overall, you shouldn’t worry that getting re-arrested will have a serious influence on the existing bond. But you might need to apply for a second one as well.
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