Appearing in court can be highly stressful for the defendant and their families. An unanticipated sum of money is also required to avoid going to jail while you await your court appearance. In this case, you need a bail bind company or cosigner to help you from going to jail. However, you need an understanding of bail bonds, how they work and their cost.
What are bail bonds?
A bail bond enables the defendant to be released from custody before trial. It is usually paid by a bail bondsman or bail bond firm on the defendant’s behalf. However, a defendant is still obligated to attend all court appearances and abide by the conditions of their release even after posting bail. In case of breaches, the defendant is unable to receive this money back.
How much do bail bonds cost?
Bail bonds are charged depending on the criminal’s risk level, job situation, criminal history, character or family relationships. The cost of bond also depends on the likelihood that the defendant would cause the community harm or the state of residence. This is because bail bond costs vary from one state to another.
Most bail bond companies will impose a 10%–20% additional surety bond fee. For instance, if the premium cost was 10% and the bail was set at $25,000, you would be required to pay the bailing company $2,500, but this will depend on the state laws.
How do bail bonds work?
You will be sent to jail for booking if you are arrested for a crime. During this process, you must provide a statement, take your fingerprints, and take a mugshot. You will then stay in custody until your court date. If the court decides to set bail, it will happen during this time.
If you choose to hire a bail bond company, the organization will make arrangements with the courts on their behalf for you to be freed on bond. However, the bail company will be held accountable if you fail to appear in court.
Why should I hire bail bond services?
There are many reasons to hire bail bond services. Below are significant justifications for why you need to seek help from a bail bond company.
- Minimize final scrutiny
The courts may want to examine your finances to ensure that the money originated from a legitimate source. This audit can be intrusive and time-consuming. However, if you work with an accredited bail bonding firm, you will avoid the scrutiny.
- Ease release period
Following up your release can be hectic and time consuming. You may also lack adequate experience on how to post a bail and involving a bail bond provider is critical. They have ready cash to provide and will work on your release to ensure a smooth process.
Using a bondsman to help you get out of jail is easier and will save you a lot of stress. Most bondsmen will only charge you up to 10% of the total bail amount and will guide you through the entire bail process. However, it’s advisable to hire an accredited bail bond company.