12 Jul Bail Bonds Are More Reasonable Than Cash Bail
Paying for cash bail is more often than not, a financial struggle. It requires paying the entire bail amount, thousands of dollars, before being physically released from jail. That is an unimaginable solution to many people.
Paying for a bail bond is much more reasonable to the majority of people who are arrested, and their loved ones. The total amount due to the bail bonds company is the premium; 10% of the full bail amount. So, if the bail was set at $50,000, using a bail bond only costs $5,000. In addition, this $5,000 is paid off over a payment period that extends after the defendant is physically released from jail.