Bail Bonds – Is it Worth it?

Bail Bonds – Is it Worth it?

bail bonds near me

You just graduated from college and it is your first day at work, and your new colleagues decided to take you out for a drink. Can’t say no to them, right? After a couple of drinks in the new hip bar across town, you decided to head home. It has been an exhilarating day – a new job, your first paycheck coming in two weeks. You can finally replace the old rusty car your parents gave you on your 16th birthday.

You are on the highway and you feel like you are on the top of the world. It’s just you didn’t realize that you’re going above 70mph. And suddenly, you hear a blaring sound of a siren on your rear. Yes, you guessed it right. The police caught you speeding. A great day suddenly turned to the worst one. The last place you want to find yourself is in prison. 

Good thing is that the court set you up for a bail amounting to $500. You are now saved! The only problem is that you only have $200 in your bank account right now. You are literally broke and still paying off that college student loan. 

Who are you gonna call? Certainly not your parents. That would be embarrassing, and you do not want to disturb their nice vacation in Florida.

This is where the Bail bond agent appears. You can contact a bail bond agency to settle the amount on your behalf. You can check out Bail Bonds near me for more information.

What is the process for Bail Bonds?

Bail is a set amount of cash that you are supposed to pay to be released from police custody and to make sure that you will appear in the court hearing. If you cannot afford to pay the bail set by the court, there is a thing called a Bail bond which is a type of surety bond which is an agreement by a criminal defendant to appear for trial or pay a sum of money set by the court. A bail bonds agent will take care of everything for you. 

Can you trust a Bail Bond Agency?

Sure thing! A bail bonds agent will only need a 10% cash fee of the bail amount. The bail bonds agent will secure the rest of the bail in the form of a collateral. This can be in the form of real estate such as homes or farmland, vehicles, jewelry and even firearms.

If the defendant (for some reason) does not appear on the court hearing date, the bail shall be forfeited, and the bail bonds agent will use the collateral to pay the court for the remaining bail amount.

Thus, it will be good if the defendant shows up on the court hearing. In this case, the Bail bond will be terminated, and the collateral will be returned to the person who posted it.

Who can I contact for the bail bond services?

There are many agencies which offer bail bond services across the US. If you are situated in Colorado, check the Bail Bonds agency near me. Trust us, you only need experts in this kind of situation. 

So, the real question is “Is it worth it” – Freedom does have a price, doesn’t it?

By | 2021-04-14T12:19:48-06:00 April 14th, 2021|Bail Bonds|0 Comments

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