Paying for a bail bond is a critical step when trying to secure the release of your loved one. When someone is arrested, a judge will set the bail amount to ensure that the defendant returns to court. If the defendant cannot pay the full amount upfront, a bail bond is a very viable solution. A bail bond company will pay the bail on behalf of the defendant, in exchange for a fee. This fee is usually up to 15% of the fee, and it’s the primary cost to the person who is trying to secure the bond.
Bail bond companies usually require some amount of collateral as a guarantee for the full payment of the bond too. This collateral can be in the form of a property, but it can also include vehicles or other valuable items. If you fail to appear in court then the bail bond company will usually keep this as payment. If you do appear then the bail bond company will then be released from their obligations and the collateral will be returned to you. One thing to take note of is that the bond fee is not returned. In some instances, family members or friends can work with the agent to secure a flexible payment plan too. If you want to find out more then the infographic below details how you can pay for bail bonds online, as well as the steps you can take to make your life as easy as possible when dealing with things like this.
Infographic designed by: Mr. Nice Guy Bail Bonds
