Opting in for a bail bond company – Relevant questions you need to ask

No one likes to see their loved one walk into jail for no fault! But sometimes, the legal system doesn’t act in your favor. Also, sometimes, people are unfortunate to get involved in a crime scene without their knowing that they will get trapped. Instances such as this happen all around the world. However, it’s essential for the defendant’s family to bail him/her out from jail and prove them innocent by pursuing a legal case. For this, it is necessary to get in touch with a bail bond company and avail a bail bond. 

Bail bond company

Today, various reputed bail bond companies are available online. These companies specialize in multiple bonds, such as cash and surety bail bonds. They guide the defendant’s family to make use of the one that benefits them the most. To know more on this, you can check out Castle Ohio Bail Bonds.

Have you decided to seek financial help from a bail bond company? If yes, then before you make a call or schedule an appointment, you need to ask a few relevant questions.

  1. Do you need the bail bond?

Usually, people who opt-in for the bail bond are ones who lack adequate fund! If you have ample funds, you can ask your attorney to help you in the bail process, so that you don’t have to pay extra. If you are under financial stress, a bail bond company is the best solution for you.

  • Do you require collateral for the bail bond?

In most bail bond scenario, there’s no need for collateral. Bail collateral is acceptance in addition or exchange of capital to ensure that the defendant gets free from jail. It acts as a loan or credit to make sure that the defendant makes his/her court appearances. The collateral can be anything from automobile, jewelry, property, and various other precious assets that belong to the defendant, cosigner, and an indemnity. In some legal cases, real estate property is also collateral.

  • What are the repercussions when you don’t pay the bail bond company?

It is essential for you to pay the bail bond company! When you fail to pay or intentionally don’t repay the amount, a bail bond company can sue a defendant and his family for not paying. Since the criminal case is settled, the non-repayment lawsuit will be filed under a civil cause. The bail bond company has the authority to sue the defendant at the civil court. However, your bail bond agreement has collateral, you can save yourself by providing a personal asset of similar value.

  • Is it possible for a cosigner to revoke the bail bond?

It is only the bail bondsman who can revoke the bond. He has the scope and choice to surrender the defendant whenever he chooses. But the defendant can’t, as he/she is on bond and need to make the necessary court appearances. If a bail bondsman gets a clue that the defendant might create a penalty in the bail bond, the ideal solution is to surrender the defendant.

These are some of the questions that you need to know before opting in for a bail bond. If you have other questions, you can seek guidance from a reputed and expert bail bond company.

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Article Author Details

Eva Vergis

Eva Vergis is a notable and influential lifestyle writer. She is a mom of two and a successful homemaker. She loves to cook and create beautiful projects with her family. She writes informative and fun articles that her readers love and enjoy. You can directly connect with her on email id- [email protected] or visit her website www.lisaeclesworth.com