How Much Is The Bondsman Going To Charge Me For My Bond

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One of the worries about getting arrested, besides the situation itself, is the money it will take to get released. A person that is arrested will have to call a loved one to facilitate the bond process on his or her behalf. The way this happens is by the loved one calling a Colorado Springs bail bonds service provider.

Bail Bond

Your loved one will do what they can to help you. The first thing they should do is to call a Colorado Springs 24 hour bail bonds service provider. They can get the details of the bond amount and what the cost for your release will be. The cost that your loved one will pay is called a premium. This is usually 10-15% of the total amount of bond. For instance, the cost of a premium of $10,000 at 10% will be $1,000. The premium that is paid is non-refundable. This is earned by the bail bonds service provider when they get you released from jail.

Ways To Pay For A Premium

There are multiple ways that your loved one can pay the premium. One way is by cash. This can be hard sometimes, as some bail bonds can be a bit pricey. In the event that your loved one does not have the amount of money needed on hand, they can use collateral to secure the bond in order to qualify for payment plans.

Collateral can be anything that will equal the value of the bond. The most common types are vehicles, real estate, jewelry, saving or anything that is able to be pawned. It is important to note that if collateral is used, you will need to go to court and get a final disposition in order to get a bond release. This bond release must then be given to the Colorado bail bonds service provider and they will have 35 days to release that collateral back to your loved one.

Losing Collateral

The bond that ensures release is a promise. This promise is that the person who was arrested and released will go to court and finish the process to get the bond release paperwork. If the person that was arrested does not do this and misses court, then the person who signed for the bail bond will be liable for any court fees for missing court, and could potentially lose their collateral. Also, they will be assuming the entire cost of the bond that was originally stated for the person who was arrested

Missing Court

If the person that was arrested misses court, there are some things that can be done. The first thing to try and correct the situation is to contact your Colorado Springs bail bonds service provider. They have a couple of ways to help you get back on track with court. The first is by giving you a Consent of Surety that tells the court that they are still willing to work with you as well as give some minor details as to why you missed court. If the judge denies this Consent of Surety, then the court will issue a warrant for your arrest. You can go to the jail with the bondsman and they will bond you out a second time. You will need a second bond for this, however, and that means that a new premium will need to be paid. Also if there are any court fees for missing court, that will have to be paid as well.

The charge for a bail bondsman may be 10-15% but it is up to the person that is arrested to ensure that the amount does not rise from there. Keep in contact with your bail bondsman and let them know if there are conflicts with scheduling. If you have other questions or need a bail bond service provider, call Angels and Outlaws bail bonds at (719) 696-9088 or go to our website at www.angelsanoutlawsbb.com.

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