3 Most Important Questions Your Bail Bonds Agency Could Help Clarify

16 March 2021
 Categories: Finance & Money, Blog

If you or your loved one is arrested for any particular reason, the experience isn't at all pleasant. You immediately fall into panic mode, not knowing where to start. At this time, your emotions could be all over the place, leaving you feeling stressed and under immense pressure. But you'll need to be careful in your choice of bail bonds company. It is crucial that you take some time and go over your options, keeping in mind that every minute counts. 

You don't have to go for the first offer you get. This way, you will make the right decision when it comes to hiring a bail bonds company. These three questions will help you narrow down your bail bonds agency options.

What Are Their Charges? 

When it comes to bail applications, you need to first make a down payment, usually a fraction of the bail, for you to get the loan. Most times, the charge is paid out in cash, but other collateral forms are also acceptable. 

The bail bonds agency does this to shield itself from defaulted payments. But different bail bond companies charge different percentages. Ultimately, you will have to pay a certain amount, regardless of what company you choose. Look for an agency that is reasonably within your budget. You could also request that they draft a payment plan if you're uncertain about how to handle the resulting financial strain.

What Are Your Responsibilities Towards the Defendant?

Whenever you're drafting paperwork to free a loved one from jail, you automatically become an indemnitor. Your job is to now make sure that the defendant appears in court at the appointed date. 

If they fail to do so, it is your duty to work together with the bail bonds agency and find the defendant. Additionally, you may have to foot the total bail value to the agency if your loved one doesn't show up after the allowed time of absence elapses.

Are They a Licensed Bail Bonds Agency? 

In the United States, only licensed bail bond agencies are legally permitted to help you post bail. For instance, the California Department of Insurance is the body tasked with licensing bail bonds firms in the state. 

As you can probably already tell, it is vital that your bail bonds agency be fully authorized to conduct its activities in your state. Therefore, before beginning any form of transaction, be sure to verify the validity of their license first.