Posted on: 15 May 2020
If you get arrested and need a way out of jail, you can always call a bail bondsman for help. Bail bond agents are in the business of helping people get out of jail, but you should understand that you will have obligations to the agent if you use this service. Before you borrow money through a bail bond agent, you should know the following top things.
1. The Services Are Not Free
The first thing to know is that getting out of jail through a bail bond agent is cheaper than paying the bail yourself, but it is not free. A bail bond agent charges fees for the services they offer. The fee is not always the same, as it varies from case to case, but it will usually cost at least 10% of the bail amount. You may pay more than this, though. You will need some cash or collateral to use these services, and this is essential to know before you make the call.
2. The Money Is a Loan
The second thing to know is that the service of a bail bond agent is a loan. When you pay the fee for the services, you agree to repay the money to the agent if necessary. You will not have to repay the money the agent paid on your behalf if you handle the situation correctly. If you fail to abide by the rules, though, you will owe the money that he or she paid for your release to the agent.
3. You Will Not Get Your Fee Back
The third thing to understand is that the fee you pay is non-refundable. You will not get a refund from the agent, no matter what because this is how they stay in business. The fee is mandatory, and the agent will not return it to you even if you follow the rules.
4. You Must Follow the Rules
The fourth thing to know is that you will have rules to follow, and you must follow them. The rules are not optional. Failing to comply will result in owing money to the bail bond agent that helped you get out of jail, and it will look bad in your court case.
These are four of the most important things you should know if you choose to hire a bail bond company to bail you out of jail. If you know these and can follow the rules, this is an excellent way to get out of jail without needing a lot of cash.Share