Do I Have Enough Available Funding?

The good news is you only need roughly ten percent down on the total cost of the bond. If you are unsure of the amount, your first step is to call your local bail bondsman. They will be able to call the court or jail to get the exact amount along with any pertinent release information. If there are special bond conditions, the bondsman will let you know.

If you don't have the exact amount required to post the bond, don't stress. Some bail bond companies will work on a payment plan with you. The terms and conditions vary, and restrictions may apply. Ask your bail bond company about a payment arrangement to break up the payment into smaller amounts.

My Credit Is Bad, but Can I Still Post Bond?

Many bail bond companies have a variety of financial institutions that they work with to help secure a loan. If you don't have good credit or you have a shaky employment background, don't let it deter you from calling a bail bond office.

Most companies will work with people who have blemished credit by having more than one indemnitor or cosigner for the bond or loan who has a solid employment history and good credit score.

Do I Have Enough Collateral to Put Up?

If the bond amount is large or there are other risk factors, like bad credit, the bail bond company may require some form of collateral against the bond. This could be anything of monetary value that you have, including:

• A home or piece of property
• Cars, RVs, or boats
• Jewelry
• Firearms
• Arts, collectibles, or antiques
• Livestock or farm equipment

If you have any of these items, you can use them toward the down payment or use them to secure the bond. Once the case is completely resolved and your loved one has completed their court appearances, the items will be returned. 

Are They a Flight Risk?

While you would like to believe your family member would never skip out on a court date, circumstances may speak differently. For whatever reason, they may miss a court date or decide to leave and run away from their problems. If this happens, it means you and any other co-signers are on the line for the total bond amount.

If a lien is placed on your home, vehicle, or property, it can then be enforced, and you could risk losing your home and other assets. It is a serious risk you are taking, but something to consider before signing for the bail bond.

Am I Willing to Accommodate Their Release Restrictions?

If your loved one was involved in a drug charge or domestic violence case, they may have court-appointed classes. These may be part of their bond release. Are you willing to accommodate and help them get to their classes or appointments? This is important to keep in mind, post-jail release. Failure to fulfill their bond conditions could result in forfeiting the bond and losing your money or collateral.

It's a wonderful gift to help someone get out of jail while they await sentencing. It allows them to work, spend time with loved ones, and build their case. Before you sign any legal paperwork regarding your loved one's bond, you need to be aware of the facts. It will make the entire process easier and give you the peace of mind you deserve. Contact Albert Ramirez Bail Bonds anytime to help get your loved one released as quickly as possible.