What to Know About the Process of Obtaining a Bail Bond

If you need assistance to get a friend or family member bailed out of jail, you are most likely going to need to contact a bail bond agency. Of course, if this is not something that you have had to go through before, you might not know what it is that you should be expecting, as well as what you should do on your end. To help you navigate through the bail bond experience, you will want to spend a little time reading through the following:

You Will Need Some Money

Do not make the mistake of assuming that you can walk into the office of a bail bondsman with no money in hand and walk out with thousands of dollars. You will need to have some cash in hand in order to obtain the bail bond. The bondsman will let you know exactly how much you need and this is usually based on a percentage of the total bail amount that was set by the judge. Each bondsman, who runs their own business, can set their own rules for how much money they need upfront in order for you to secure the bond. There may be some cases in which a lower or higher amount will be needed.

You Will Need Some Sort Of Collateral

Even though you will have put down some money, it is very likely that the bail bondsman will need collateral as well. The collateral is to be what secures the money that they will be lending for the bail. If the money for the bail is not repaid as agreed upon, the bondsman has the legal right to legally keep the collateral you gave. Some of the options for collateral could be the deed to your house or a cabin or the title to your car or truck. The bigger the bail amount, the more valuable the collateral needs to be.

Now that you have those few tips in mind, you will want to go ahead and start looking for bail bond agencies in your area. Look for one that has good reviews and that has good hours of operation. This way, you will not have to wait days to have an appointment with the bail bondsman. The sooner you can get in there to be seen, then the sooner your friend or family member will be able to be bailed out of jail.