Faqs About Hiring A Bail Bond Company
For most people, calling a bail bond company is a once or maybe a twice-in-a-lifetime experience. As such, you may not be exactly sure what to do or what is going to happen when you do make that call. Confidence will make the experience easier, so here are some FAQs about hiring a bail bond company.
What do you need to know when you call?
If you're an organized person, you're probably used to compiling all of the information you need before you make a call to a professional. With a bail bond company, here's the information you will need:
- Who is in jail? What is their name, how old are they, and how are they related to you?
- Where is the person being held in jail? Know not only the jail name but also what town or city it is located in, along with the address. If you have the phone number for a contact person at the jail, that's even better.
- How much bail is being asked for?
If you are feeling nervous about making this call, write down all of this info beforehand so you can have it in front of you as a reminder.
How much money will you need to put in?
If you are calling a bail bond company, it's likely because you don't have the full amount of bail to put up yourself. You might be worried about how much hiring a bail bond company will cost. Generally, you will need to put up about 10% of the bail amount. Note that this is not money you will get back when the case is over! Rather, this is money that you are paying the bail bond company to put up the bail so you do not have to. They will put the money up to the jail so they will get a refund if your friend shows up to their court dates as promised.
Will you need collateral?
In most cases, you will need to put up collateral on a bail bond. This way, if your friend does not report back to court, the bail bond company can claim the collateral as a way to earn back the cash they will now not be receiving back from the courts. You can typically put up anything from a car, to jewelry, to stock options as collateral on a bail bond. Just make sure it's something you can part with if your friend decides to flee.
Look for a bail bonds provider near you to learn more.