Posted on: 15 March 2022
If you have received a call from a loved one and they are calling from the local jail, they are probably seeking some assistance to get out of their current predicament. If so, they might need you to consider going to a bail bonds business in order to get enough money so they can be bailed out of jail. Those who have never had to apply for bail bonds may not know what to expect or what they are in for. Here are a few things you will want to know:
You Can't Go In Broke
The bail bondsman is going to expect you to have some money to put towards the bail amount. In most cases, this equates to about ten percent of the total bail amount. However, the amount of money you will be required to put down is totally up to the bail bondsman, as this is their business and they can make the rules. In extreme circumstances, there is a chance a bail bondsman could completely waive the cash down requirement.
You Will Need Some Collateral
Even if the bail amount is not terribly expensive, you are most likely still going to be asked to provide some sort of collateral. The collateral can be anything that holds a lot of value, such as the deed to your house or the title to your RV. Talk with the bail bondsman you are using to see what specific types of collateral they will accept, as it can vary from one bondsman to another. Remember, if the person you are helping to bail out of jail gets out and goes on the road, you will be held fully accountable for the total bail amount. If you cannot pay it, the bondsman will keep the collateral you provided.
Now that you have read over that information, you can feel a little better about going to apply for the bail bonds. You have a good idea of what to expect from the bail bondsman and what they expect from you. All you need to do now is to spend a little time researching the various bail bonds companies in your area. Remember that not all of them are set up for 24 hour bail bonds and some keep limited hours in office because they have to be out on the road looking for those who didn't show up for court or to simply do a drop in to check on some people.Share