Nobody wants a loved one, friend or family member behind bars. However, certain circumstances can go beyond our control and you suddenly find them in handcuffs. Fortunately, the US justice system provides a way for the accused to wait for their trial while maintaining their freedom in the form of bail bonds.
The Code of Criminal Procedure defines a bail bond as a written undertaking made by the accused and his representatives assuring that they will appear before the courts to answer criminal accusations made upon them. To ensure that the accused will stay true to this promise, the law also requires them to deposit a certain amount of money to the courts. This amount will be given back to them once the condition of their bail bond is fulfilled. The amount of bail bonds typically depends on the gravity of the crime.
Of course not everyone has this amount of money just sitting there and reserved for situations like this. That’s why many people turn to bail bond companies since they seem to be the best option, or are they?
Bail bond companies pay the court the full bail bond amount required while charging only 10 – 15% of that amount to their clients. Sounds like a good deal, right? No. Just imagine if the required bail bond is set at $100,000.00, you will then have to pay around $10,000 to $15,000 to the bail bond company. Once your loved one gets released you will still have to hire a good defense lawyer to ensure their continuous freedom. In short, you’re paying thousands of dollars for temporary freedom.