Paying Your Bail: What to Know About Bail Bonds Payment Plans
Sometimes life can throw you a curve and you might find yourself behind bars. This is obviously an unfortunate circumstance and not something that most people want to experience. Fortunately, bail bonds are available to help you get out of jail so that you can deal with whatever legal issues you’re facing.
In this type of scenario, a bail bondsman will post your bail in exchange for a fee, along with an agreement to pay back the bond within a specified period of time. When you don’t have cash on hand, bail bonds payment plans can help you find a way to repay the bondsman.
This article takes a look at bail bond payment plans, how they work, and what you’ll need to do to get one. Keep reading to see all the important details.
Bond Company Payment Plan
When you’re in need of posting bail in order to get out of jail, your first option is to work directly with a bail bond company. This option allows you to work out a payment plan with the company based on specific criteria that they will present to you. This will likely involve signing a promissory note so that you are legally bound to repay the bond as indicated in the contract.
If you don’t currently have cash available to post bond, as a bond company what type of payment options they have available.
Credit Card Cash Advance
The next option is to use your credit cards for a cash advance. Most credit cards offer a cash advance against your total debt limit on your card. This enables you to take out an advance at any ATM. There will be fees and interest involved for the amount of the advance, but this is the quickest and easiest way to get the cash you need to repay your bail bond.
Payday loans enable you to borrow money against your next paycheck. This is a short-term loan designed to get you through a tight spot, such as getting bailed out following an arrest. Payday loans involve steep fees and interest, but they also provide a way to get out of jail if you can show proof of steady employment.
Car Title Loan
Your next option is to use your car title to get a short-term loan. Car title loans are typically quick and easy, as long as you have your car title and the value of your car is equal or greater than the amount of your bail bond.
Post Collateral Against Bond Amount
If you own your home, car, or some other type of valuable asset such as stocks, you could use it as collateral. Again, you need to keep in mind that the value of the collateral needs to be equal or greater than the amount of the bond before it will be accepted as a form of payment.
Use a Co-Signer
You can also have someone else co-sign for the bail bond. Just make sure that your co-signer is aware that they will be legally obligated to repay the bail amount if you fail to make the payment yourself.
A Guide to Understanding Bail Bonds Payment Plans
Getting arrested isn’t fun. Neither is staying in jail any longer than necessary. Fortunately, this guide to understanding bail bonds payment plans can help get you out from behind bars as quickly as possible.
Here's how 007 helps you through the bail bond process:
Lowest Fees Allowed
Easy Payment Plans
We provides Bail Bonds to the entire state of Connecticut
007 Bail Bonds provides Surety Bail Bond services to the entire state of Connecticut. We pride ourselves on Customer Relations, and we are committed to providing you with excellent service at a very reasonable cost.
007 Bail Bonds offers the lowest state minimum down payments of 35% and very flexible payment plans. We can help you get your loved ones out of jail.
LOOKING FOR BAIL BONDS IN CONNECTICUT?
Contact Us for Bail Bonds Middletown CT Today
While we can’t offer free bail in Connecticut, we can get you out QUICKLY.
Our Bail Bonds company is standing by when you need us most, if you’ve been looking for bail bonds in Middletown County, Hartford County, New London County or New Haven County.
Our bail bonds services will get you out of jail faster.
The court and legal system in Connecticut have recognized Bail Bonds 007 as a leading bail company and our bondsmen have a proven record of getting you out of jail as quickly as possible.
Our team is a phone call away (860) 334-7007
Have You Or Someone Been Arrested In Connecticut And Booked Into Jail?, If So, First Call A Bail Bondsan At 860.334.7007.
During Our Call, One Of Our Connecticut Bail Bondsman Will Determine Where You Or Your Loved One Is Being Detained, Gather Information About the Individual That Was Arrested, .
What is their Legal Name?
What is their Date Of Birth?.
What is the charge?
What is the booking number?
What is the arresting agency?
How much is the bail amount?
The Bail Bonds Agent Will Then Ask Who Will Be The Co-Signing And Will Discuss Payment Methods With You.
To Find Further Information You May Need Please Check Out Our Police Departments Or Department Of Correction Pages
Want To Help? What You Can Do?:
What Information Will You Need From Me?
The next is some information that will help us.
When you contact us try to have as much of this information as possible.
If you don’t have all the information. Don’t worry we can help get it for you.
Full Legal Name of person in custody?
Social security number of defendant? (if possible) of the arrested party
Address of defendant? (if possible)
Where Are They Being Detained?
Which jail are they in? Is this jail, correctional facility or county?
How Do Bail Bonds Work? Understanding the Process in all of Connecticut
Did you know defendants are nine times more likely to plead guilty to a misdemeanor if they’re unable to post bail? Although, that’s where bail bonds come in handy. However, how do bail bonds work?
Don’t worry with this guide you can find out! From learning its definition to its inner workings, bail bonds are an effective tool used in today’s legal system.
Now, are you ready to learn how? Here’s the inside scoop on bail bonds:
What Is Bail?
Bail is the amount of money that acts as insurance between the defendant and the court. Many have the option to pay in cash although, many can’t afford to.
In fact, nine in ten people are stuck in jail because they can’t afford to post bail. Some hire a bail bondsman or bond agent who posts a bail bond for them instead.
What Are Bail Bonds?
A bail bond refers to a surety bond that’s provided by a bail bondsman that secures the defendant’s release from jail. The two forms of bail bonds are criminal and civil bonds.
Criminal bail bonds are used to guarantee that the defendant will appear for trial. Also, it assures the defendant will pay any fines or large payments that are decided in court.
However, civil bail bonds, are used as an assurance that the defendant will make a payment of debt, plus any interest and costs that are assessed.
How the Amount of Bail is Determined?
The amount of a bail bonds is determined by the court holding a bail hearing.
When appearing on this court date the prosecution and the defense will present evidence and any arguments for and against imposing the bail.
The judge then considers those factors when determining the amount of money for the bond:
- Seriousness of the alleged crime.
- Past criminal record/outstanding warrants.
- Defendant’s ties to the community
- Risk to public safety.
- Potential flight risk.
How Do Bail Bonds Work?
Once a judge determines a bail amount, if a defendant is unable to pay on their own, he or she can seek help from a bail bondsman. A bail bond can be posted once a defendant has paid 10% of the bail to the bail bondsman.
The bail bondsman will then collect the rest in collateral. If the defendant cannot find enough collateral, the bail bondsman may ask friends and family to aid in paying the bail amount. In most cases, a cash payment and full collateral are needed for a bail bond to be posted.
However, what happens next depends if the defendant decides to appear in court after being released.
- If the defendant appears: Depending on the ending of the case, the bail bond will be dismissed, and the collateral will be returned to the rightful owner.
- If the defendant does not appear: The bail bond will be lost, and the court requires the rest of the bail to be reimbursed. In doing so, the collateral that was given to the bail bondsman will be given to the court to pay for the rest of the bail.
Thus, it’s essential you appear for your court date. If you struggle with addictions, you might want to consider reaching out to a recovery coach. That way, you’ll avoid temptations and instead make good decisions, like appearing for your court date.
Find a Local Bail Bondsmen
Bail bonds can secure your release from jail if you cannot afford to pay your bail by yourself. Instead, you can contact a knowledgeable bail bondsman, and they can help post a bail bond. All you need to do is pay 10% of the required bail and represent the rest in collateral.
Now that you know how do bail bonds work, you’ll be better informed about the legal system. If you have any questions regarding bail bonds, call or contact us today. We look forward to helping you!
Why Choose Us?
Our reputation is exceptional customer service
Proudly serving Connecticut 10+ years
We’re experienced in walking you through the entire process from arrest to posting bail.
We accept all major credit cards
Why Choose Our Middletown Bail Bonds Services?
Our clients choose us because we bring 10+ years of combined experience to this field and exceptional customer service is our reputation. We serve Middlesex County, Hartford County, New Haven County, New London County, Tolland County, Windham County, Litchfield County and Fairfield counties with professional and confidential services.
We can post bonds to release a defendant from jail and assist with warrant searches.
We are a licensed and dedicated to providing clients with any information they need to get someone out of jail, QUICKLY.
Convenient payment plans
High level of confidential and professional service
Bail Bond Services at Bail Bonds 007
Call 860-334-7007 for one of our professional bail bondsmen when you need help with a bail bonds or have a current warrant for arrest. Bail Bonds 007 is always here to help you every step of the way!
Bail Bonds 007 is a full service Connecticut bail bond providers and can assist with:
Felony Bail Bonds
Weapons Violation Bail Bonds
Probation Violation Bail Bonds
Felony Bail Bonds
Marijuana/Drug Bail Bonds
Assault Bail Bonds
Larceny and Theft Bail Bonds
Disorderly Conduct Bail Bonds
Domestic Violence Bail Bonds
Immigration Bail bonds
DUI Bail Bonds