3 Facts You Should Know About Posting Bail Through A Bail Bond Financing Company
The desire to secure a loved one's freedom by posting bail is quite understandable. After all, no one really wants to think of their loved one being incarcerated when it is possible to secure their release. However, before you rush out the door to visit a jail bail company in search of a bond, there are a few facts that you should know in order to ensure this experience goes smoothly.
Fact #1: You Are The One Applying For A Bond, Not Your Loved One
Many people simply assume that since the bail bond is being issued on behalf of their loved one, that it is their loved one's personal information that will be used in obtaining the bond. However, while it is true that you will need to provide all of your loved one's personal information to the bondsman, it is your personal information that typically has the largest impact on whether or not you successfully obtain a bail bond. This is because by applying for a bail bond for someone else, you are taking on the responsibility of paying the full bail amount if that individual does not show up to all of their court dates. Consequently, you will need to be prepared to provide all of your personal information including proof of income and address when applying for a bail bond.
Fact #2: Oftentimes You Do Not Need The Full Amount Of The Bail
People often assume that they will be unable to bail their loved one out of jail if they do not have the full amount of the bail required by the court. However, this is not always the case when working with a bail bond financing company. In fact, this is one of the biggest benefits that bail bonds have to offer. Rather than being required to pay the full bail upfront, bail bonds allow you to post bail using just a small percentage of the bail amount or through the use of real property as collateral.
Fact #3: Bail Bonds Can Often Be Obtained Around The Clock
If you are thinking that you will need to wait until the next business day to get your loved one released from jail, you will be happy to know that it is often possible to post bail at any time of day or night with the help of a jail bail company. This is because while cash bail is often only accepted during business hours, bail bond services are typically offered 24 hours a day, 7 days a week. Look into a jail bail company for more information.