Almost 10 million individuals are arrested in the United States each year, that's around one individual every three seconds! Arrests can occur for those types of reasons, together with a large amount of minor offences. Being arrested could be distressing, as well as for many people, the priority is to get from jail and obtain home as quickly as possible.
Posting bail is the quickest method to help you leave jail after an arrest. Unfortunately, lots of people find it difficult to afford the bail bond, be responsible for delays and further stress. Fortunately, a bail bondsman provides a less expensive way for individuals to post their bail if they can not afford the entire amount.
Using a bail bondsman supplies a simple and easy means to fix help you to get from jail. You will find different bail providers available, providing you with a range of choices to find the best deal for you personally. You can shop around for a more affordable bail bond in lowering your overall costs.
Take a look at the tips below regarding how to negotiate the best offer on bail bonds.
What is bail?
When someone is arrested, they are typically locked in jail until they appear in court or are released under certain conditions. You might be provided the opportunity to pay bail to be discrete of jail and go back home while they wait for their court.
Bail provides a type of insurance between the defendant and also the court, and defendants are given a set of problems that they need to follow to obtain their bail returned to them. This includes not leaving their state or country, and not committing further crimes while awaiting trial. If the conditions are met, the bail amount is going to be returned.
What is really a bail bond?
Bail is generally set in a large quantities. Although some people may have the means to pay this and have friends or relatives who are able to help, others can find it difficult depending on their circumstances. A bail bond might help those with no way to pay bail to pay for the cost, as the bail bond will cover the majority of the payment.
There are two main types of bail bond, a criminal bail bond and a civil bail bond.
o A criminal bail bond helps ensure an offender turns up for trial as required, whilst guaranteeing potential costs and fees an offender needs to pay like a penalty for his or her crime.
o A civil bail bond guarantees any debts or loans that a defendant is deemed liable to repay.
A bail bond is typically 10% of the full bail amount. This will make it an infinitely more affordable amount than posting the full bail required by the court.
What does a bail bondsman do?
A bail bondsman, otherwise known as a bail agent, is a company or individual that will give you the bail bond to assist secure the defendant's release. To be entitled to a bail bond, the defendant will need to pay an upfront cost of around 10%. What this means is an example $50,000 bail will definitely cost $5,000 to have a bail bondsman post bail on your behalf.
The bail bondsman will frequently secure all of those other bail against collateral, that could include promissory notes or assets such as property, stocks along with other valuables goods. The collateral will be forfeit if an individual fails to turn up to their court. If, however, the defendant appears in the court, the collateral will be returned to them following the hearing's conclusion. The bail agent then retains the 10% his or her fee for his or her services.
Are bail bonds negotiable?
While most bail agents asks for 10% from the overall bail to cover their fees and behave as a first deposit for his or her services, there's some room to negotiate. Getting a suitable bail bondsman could be similar to shopping around for a financial loan or perhaps an insurance product, with different providers offering different terms inside a bid to help them secure more business over their competitors.
You might be able to negotiate a far more favorable bail bond if you meet certain circumstances, for example being a homeowner, or you are a low flight risk. It's worth exploring the different the possiblility to make sure you're getting the best deal, saving you money overall around the bail process.
Negotiating a bail bond
So how do you negotiate a bail bond? There are several steps you can take to assist ensure a much better deal or more favorable payment terms for your circumstances. The best tips for negotiating a bail bond include:
Don't accept the first bail bond company you come across
While securing bail on your own or someone you know can be a stressful process, it's wise to understand more about multiple options. Deciding on the first bail agency you discover could leave you paying more for your bail bond than you would have if you'd attended a different provider.
There are lots of methods for you to find bail agencies who serve your area, including:
o Recommendations from an attorney
o Recommendations from friends and family
o Website searches
o Local advertisements
Carry out comparisons between different providers that will help you locate one that's reputable and may suit your needs. A bail bondsman you can rely on should be able to advise and provide a great service. It should also be simple for you to secure your bail either online or via the phone to make the procedure as quick and easy as possible.
Are there discounts available?
There are potential discounts available for bail bonds should you meet certain criteria. It's always worth asking, just in case. Some bail bond companies will give you discounts if:
o You're considered a 'low flight risk' and unlikely to skip bail.
o You have a great credit score.
o You've got a full employment history.
o You're a homeowner.
o You work in a certain kind of business or industry (including law enforcement, the military, professional roles like healthcare or teaching).
A discount can help you create a significant conserving your bail bond. Rather than the typical 10%, you can wind up paying as low as 7% or 8% of your bail amount. Many companies offer bail bond payment plans and financing if you are not able to afford the full 10%.
Can't find a suitable deal? Try cosigning
If you do not be eligible for a a bail bond, there is one other way you can negotiate a better deal that will help you pay less. Cosigning with either a relative or someone you trust to talk about the financial responsibility may help secure your release. It will mean your commitment isn't just to the court and the bail agent, but for your cosigner too.
For anyone to qualify as a cosigner, they'll have to meet certain criteria. This includes a favorable credit record along with a good employment history. If for any reason, the defendant breaches their bail, it is the cosigner who becomes accountable for paying the bail amount.
A cosigner must show they are a reliable citizen and can attest to the individual who's on bail. If unconditionally, the defendant is showing signs that they may not meet their bail terms, then your cosigner could negotiate a deal with the bail agent to avoid having to pay the bond in full.
Understand your terms clearly
Bail bonds are many people's only choice for getting out of jail after an arrest. But as a high-value surety, there are strict terms that must definitely be met to ensure the best outcome for the defendant and also the bail agent.
Using your house, your car or any other property as collateral can be a significant risk, and it's important that you uphold the terms of your agreement to ensure you don't incur significant losses. It's also wise to make sure that there aren't any hidden fees or expenses that you're unacquainted with, that could make you paying out more than you should. A few of these hidden fees include notary fees, travel expenses, posting fees, processing fees and annual premiums.
Finding the best bail bondsman for you
Knowing what to look for in a bail bondsman might help make sure you choose the best agent for you. Finding a bail bondsman that may be there in minutes to help you secure bail, no matter the time of day or night, might help make the process of getting arrested much easier to be able to return to your house and family. It's also wise to make sure that you understand the total cost of what you're paying to ensure that there aren't any hidden fees, and that the price given is exactly what you'll pay.
Mr. Nice Guy Bail Bonds can help you secure bail with 24-hour bail bond services in California. E mail us today or start an online bail bond application and let's assist you with bail bond services you can trust. Whatever your circumstances, we want to help, consider getting in touch today.