Let San Francisco Bail Bond Store Help with That
Knowing the difference between bail and bail bonds will allow you to make a more informed decision when trying to rescue a loved one from jail. you can learn more by calling 510-444-4091 or by meeting a local agent at 540 23rd Street, Richmond, California 94801.
If you need to bail a friend or family member out of jail, you may be trying to decide between paying for the bail yourself, or getting a bail bond from a professional bail bond company. The problem is, that you do not fully understand the difference between the 2 options, and therefore cannot make a good decision. Allow San Francisco Bail Bond Store to clear up some of the confusion.
Bail: Bail is the amount of money required to be paid to the court for your loved one to be released from jail during the trial process. The amount is determined by a judge, and is usually several thousands of dollars. In order for your loved one to be released from jail, the full amount of the bail needs to be paid in cash to the court. This is a large sum of money, but it will be returned to you at the end of the trial, minus some court fees.
Bail Bond: A bail bond is a sort of loan from a bail agent. You pay the agent a portion of the bail amount, which is 10% of the bail in California, and the agent will pay for the bail for you. This is a 90% reduction in the cost of the bail. One of the drawbacks to bail bonds, is that you will not get your money back at the end of the trial, since it is payment for the bail agent bailing out your loved one. However, there are many advantages to bail bonds. Unlike the bail itself, you only have to make a down payment before your loved one will be released. After that, you continue to make payments via a payment plan. The payment options themselves are also more flexible since you can pay with cash, check, credit or debit.
As you can see, a bail bonds is far more flexible and affordable than the bail it is based on. That is why so many people choose to get a bail bond, rather than pay for the bail themselves. If you want to get a bail bond to bail your friend or family member out of jail, simply talk to one of our many bail agents here at San Francisco Bail Bond Store.