Learning All About Financing

« Back to Home

Important Things To Know About Using A Bail Bonds Company

Posted on

Learning that a loved one has been arrested is a very stressful event. It is normal to want to bail a loved one out of jail as quickly as possible, but depending on the offense that a person was arrested for, the bail amount may be thousands or tens of thousands of dollars, which many people can't afford to pay out of pocket. One solution is to contact a bail bonds company for assistance in bailing your loved one out of jail. However, before you contact a bail bonds company, it is important to understand how bail bonds services work. Continue reading to learn more about how TRO violation bail bonds companies work:

Most Bail Bonds Companies are Open Around the Clock

No matter what time you get a phone call from jail, you can contact a local bail bonds company. Almost all bail bonds companies are open 24 hours a day, 7 days a week, including holidays. When you call a bail bonds company, make sure that you can provide the full name of your loved one as well as the name of the jail that he or she is being held in. Once a bail bonds company has this information, they can begin the process of posting bail on your behalf.

You Will be Charged a Non-Refundable Fee

When you work with a bail bonds company, you will be required to pay a percentage of the set bail amount. After this fee is paid, it is non-refundable since it is basically the price that you are paying for the services provided by the bail bonds company. In addition to the non-refundable fee, you may be required to put up collateral, especially if the set bail amount is very high. Common forms of collateral used to secure a bail bond include deeds to real estate, vehicle titles, or jewelry.

Make Sure that You Completely Trust the Person You are Bailing Out

Bail is conditional, meaning that it is returned when a person shows up to all ordered court appearances. In the event that a person who has been charged with a crime does not show up for court, the bail that was paid will be forfeited. If you use a bail bonds company, they pay the entire bail amount on behalf of a person who is in jail, but you are guaranteeing it. That means if your loved one does not appear in court, you can be held liable for paying back the bail bonds company for the bail money that was lost.