Obtaining a bail bond is often the only way to be released from jail until your court hearings. It can be invaluable, as it can allow you to hire a lawyer, go to work, and take care of anything else that needs your attention. In order to get a bail bond, however, a family member or friend is going to need to speak with a bondsman from a Bail Bonds Service for you and they’re going to need to sign a contract to secure the bond. To secure the loan, they’re going to have to pay either a percentage of the bail amount or put down collateral.
Percentage
For bail amounts that are too high to pay in full, a percentage of the bail amount is often the best way to secure a bail bond. Your friend or family member will be able to speak to a bondsman, pay a percentage of the bail amount, and sign the contract to secure the bond. From there, the bondsman will be able to pay the full bail amount to the jail for you and once it has processed you will be released. In the event that you do not show up for court, your family member or friend will have to pay the remaining percentage of the bail amount, so it’s important that you do not miss any of the hearings.
Collateral
In some cases, even a percentage of the bail amount may be too expensive. In these cases, your friend or family member has the option of giving the bondsman something as collateral. This can be the title to a house, car, or other valuable item. If you do not show up for your hearings, however, your friend or family member will lose the item they used as collateral. This can often be detrimental to the family member, so it’s important that you make sure you attend all of your hearings.
If you’ve been arrested and a friend or family member is willing to get a bond for you, they can use one of these two methods to secure a bail bond from a Bail Bonds Service near you. A bonds service like Bond James Bond, Inc. will be able to get your bail paid to the jail quickly once the bond is secured so you can be released from jail as soon as possible.