When it comes to bail bonding, there are some bail bonding facts that will be helpful to know upfront. These facts explain the entire bail bond process and give you some insight into how it all works. Whether you are trying to get a bail bond for yourself or for someone else that you care about, there are some steps you will need to follow to make sure that everything goes along smoothly. By keeping these points in mind, you will be well on your way towards getting the bail bonding services you need.
What is a bail bond?
A bail bond is also known as a surety bond. When the bond is paid to the court, the defendant is able to be released from jail. It can be challenging to get a bail bond without proof of the ability to repay it. It is helpful to speak directly to the bail bonding agent to find out what criteria they use in their approval process.
Bail bond fees are already preset
An additional fact to be aware of is that bail bond fees are preset by the state. This means that you won’t need to worry about being overcharged for the bail bond companysince the state determines this amount. The amount of the bail bond fee is usually 15% of the bond amount or $50 whichever is higher. However it is up to the bail bonding company on what they will take as collateral or how they will be able to work with you.
There are payment plans available
Many people are unaware that there are in fact options available to them regarding their ability to repay the bond. In some instances, you may be able to put as little as 1% to 3% down on the bond.
Consult your local bail bonding agency to get the expert help you need for obtaining bail bonds for your loved one.