Every now and then you’ll hear the term ‘bail bonds’. Most likely, you already know that it’s got something to do with money. You’re not wrong, but there are details that you should know about it.
Being arrested means that one will have a set amount of bail on their account. Of course, the supreme court will have to be the one to determine that. Bail is basically the amount of money that you need to procure if you want to pay your way out of jail. Of course, your offense still has to be processed in a trial, but you’ll be out of jail. Needless to say, the amount of bail needed depends on the kind of offense. Higher bail is needed for serious crimes or offenses while the minor ones aren’t that high. Of course, you should know that even minor bails can still be costly for other people. The bail bond is there to make sure that you’ll have to be around when the court trials have to move forward. Of course, it will be about the individual’s crime or legal offense.
How the bail bond differs in the amount
You should know that sometimes, the court will set low bail for you to be able to pay our bond. Still, there are some things that you have to keep in mind when you have a high bail bond. One of those would be contacting a bail bond company in the first place. If you need assistance from the company, you have to pay them a representative fee of the bond that you need. Also, the company’s ‘bondsperson’ will be the one to post the bail so that you’ll be pulled out of jail.
For example, let’s say that your bond is around $40,000. For most people, that amount is already insane. Certainly, the average citizen can’t afford that outright. Of course, if a serious crime is committed, it’s only natural for the bond to be that high. If you have to use the bail bond, the company that will provide you with that amount will have to ask you to pay a percentage of it. Most likely, they’ll ask you to pay them $4000 or 10 percent of the total bail. Once that’s done, they can post the $40,000 to bail you out. However, bear in mind that the $4000 you paid for them won’t be returned to you anymore.
For misdemeanors, the bail amount won’t be that high. However, you should now that bail bond companies tend to charge a higher percentage for bail bonds that are lower in amount. For example, if you have a $1000 bail, the company will likely ask you to pay 20 percent of it or $200. Also, that $200 of yours won’t be returned to you once the company has posted your bail.
The need for a bail bondsman
It’s important to get a bondsman to help you out on this matter. Finding one is also not that hard. Also, you’ll likely be recommended to consult one if you somehow ended up in jail. Asking the authorities or law enforcement officers can also help you out on that matter. That’s because most of them know the reputable and reliable bondsman coming in and out of their precincts.