Understanding Loan Terms

Understanding Loan Terms

A Closer Look At The Process Of Getting A Bail Bond

by Gregory Hall

If you are hoping to obtain a bail bond for the first time, you may be wondering exactly what you can expect from this process. In this article, you can learn more about the items you will need to take with you to the bail bonds office and what you can expect from the process of applying for a bail bond. Taking the time to review this information will ensure that you are prepared to successfully obtain a bail bond so that you can get your family member or friend out of jail.

Personal Information For Your Loved One

The first thing you will need to have when applying for a bail bond is some personal information about the person you wish to post bond for. You will need to know their full legal name and date of birth. With this information, the bondsman will be able to gain access to their jail records in order to determine what charges have been filed against them and how much their bail is. This information will also be used to determine whether or not they have ever skipped bail in the past. This information helps bail bondsmen to minimize their risk by refusing to issue a bond for individuals who have proven to be a flight risk in the past.

Your Own Personal Information And Documentation

You will also need to have some specific documents when applying for a bail bond. First, you will need to supply a photo ID. This ID will need to be government issued and should have your accurate address listed on it. If you have moved since receiving this ID, you may be asked to supply proof of address as well. Second, you will need to provide proof of income. This is important because you will be required to sign a contract promising to pay the full amount of the bail if your loved one does not appear in court. Providing proof of income demonstrates to the bondsman that you have the ability to pay. 

The Required Payment

Assuming that you supplied all of the information and documentation the bondsman required, the final thing you will need to provide is the required payment. This payment is often equal to a certain percentage of your loved one's total bail amount. It is important for you to understand that this payment is a fee for the bondsman's services and is not actually applied to the bail amount. As a result, this fee will not be refundable even if your loved one follows through with all of the terms of their release. Once this payment has been made, the bondsman will deliver the bail bond to the jail and your loved one will be released.

For more info on bail bonds, contact a professional near you.


About Me

Understanding Loan Terms

When I started my own company, I knew that I needed a little business capital and fast. In an effort to raise money, I worked with various lenders to discuss loans, financing, and special terms. Unfortunately, I quickly discovered that not every loan was created equally. Some loans had almost predatory terms like high interest rates and penalties, while others were completely fair. Fortunately, a business consultant of mine taught me about loans and financing, so that I could make better choices in the future. The information on this blog saved my business, and I know that it can help yours too.