Three Things You Need To Understand About Bail Bonds

About Me
Managing Your Money

After I declared bankruptcy for the second time, I realized I needed to learn how to manage my money a lot better. I had always kind of done my own thing in regard to balancing my checkbook and things like that, but I could tell that it wasn't working for me. Instead of continuing to guess, I realized I needed to work with a financial professional to figure out where I was going wrong. It was hard for me to open up to someone, but the meetings that I had made a huge difference. I was able to learn how to manage my money, and seven years later my finances are in great shape. Check out this blog to learn how to manage your money.


Three Things You Need To Understand About Bail Bonds

14 December 2015
 Categories: Finance & Money, Blog

If you are booked on any sort of charge and want to be sure that you are able to get the release that you need, you will need to understand the bail bond process. Going through the judicial process can be a scary place, but you will have more peace of mind putting together your case out in the world as opposed to behind bars. A bail hearing will grant you that release, so to receive this release in the most efficient way possible, consider the points below to learn the information that will help you out. 

Understand How Your Bail Amount Is Determined

Your bail is set during a hearing not long after your arrest. The main factor that the judge will consider is whether or not, based on the nature of your case and your background, you will appear in court for your trial. The judge will consider this evidence to determine whether you will be a flight risk or not. It is critical to have a lawyer by your side during this bail hearing, along with some character witnesses and people who can vouch for you. You also need to show that you have worked to acquire the necessary money to pay any bail amounts set forth by the judge to the service of a bail bond company.

Find The Help Of A Reputable Bail Bondsman

Once the judge has determined a fair bail amount, you will need to reach out to bail bond companies in your area who can assist you. As you call up a bail bondsman, they will need to know the jail that you are being held in, your name and booking number and the exact amount of the bail. From here, your bondsman will be able to secure the finances for you, while charging you a percentage as their bail bond fee. In most circumstances, you will not get this fee back as long as the bail bond company held up their end of the deal in securing your release from behind bars.

Learn The Potential Fees

They are a few payment options that you have when it comes to posting your bail. You can typically accept the bond amount, while agreeing to pay approximately 10% of the total. For example, if your bond is $10,000, you must pay $1000 in good faith. If the bail amount is incredibly high, you also have the option of using property as collateral, such as a vehicle or a house.