What to Keep in Mind About Bail Bonds
If you or someone you love has been arrested in San Diego, then it’s likely that you have questions about bail bonds. Here are a few things you should keep in mind about the process.
In order to get a person released from jail, the court requires money or property. It’s up to the defendant and friends and family to cover the amount until a court hearing or trial date.
How Much Will I Have to Pay?
When you are arrested, the judge will set a bail amount based on your charges. This is designed to ensure that you will show up for court and not try and run away.
If you don’t have the money to pay the full amount, then you can pay for a bail bond instead. This involves paying a bond seller for the amount of the bond, plus a premium that’s usually 10% of the total.
The bond buyer may also require collateral. Collateral is anything of value, such as a house or stock, that the bond seller has a financial interest in.
By using a bond, you can help someone you love get out of jail while they wait to stand trial. However, it’s …