12 May The Pros And Cons Of Cash Bonds And Bail Bond Store
Posted at 08:25h in Bail Bonds in Chula Vista, Bail Bonds in National City, Bail Bonds in San Diego, Bail Bonds in San Marcos, Bail Bonds in Vista 0 Comments
The only way to get out of jail to live at home before and during your trial is to post bail. Now, there are two options for posting bail: paying in cash, or using a bail bond. Let’s explore the pros and cons of each:
- No third party involved with your bail.
- Money is returned as long as you adhere to terms and conditions of bail, such as appearing in court when ordered.
- Less paperwork.
- No extra fees.
- Shows court your bigger promise to return to court – it’s your money (or a loved one’s) on the line.
- Must have all the money to pay at once. No payment plans.
- Failure to show in court means cash bail is kept by court.
- Refund is returned in check instead of cash.
- Refund can take up to 3 months.
- IRS is notified of checks $10,000 or more.
- Pay only 10% of bail amount to bail agent, meaning you have extra money to spend on other necessary expenses like a lawyer.
- Allowed to pay the 10% over a period of time – low monthly payment plans.
- If defendant fails to show in court, you are not responsible for paying the full bail amount.
- Bail agent knows the process and will be with you the entire time to explain everything.
- Bail agent is responsible for making sure defendant goes to court.
- 10% paid is non-refundable.
- More paperwork (though the time it takes to release the arrested person may be just as long as if a cash bail was paid).
- Third party is involved.
Weigh the pros and cons if you’re ever arrested, or if you know someone who is. Just like having a lawyer is always very helpful, having a bail agent to help you is also very helpful.
If you decide to go the bail bond route, please contact San Diego Bail Bond Store at 619-239-2245 immediately.
Our friendly, licensed, and professional agents and representatives are ready to help you with all their power.