The Most Overlooked Fact About Freedom Libertad Bail Bonds

A court will determine the sum of your bail if you are arrested. This is the amount of money you need when waiting for your court date to get out of prison. The bond can be a high amount or a low amount, depending on the seriousness of the crime you are accused of. The main justification for a bail bond is to guarantee that when the time comes to go to court, you will be around. Get the facts about Freedom Libertad Bail Bonds

Often the bail amount set by the court is small enough to fund your own bond; however, you will need to contact a bail bond firm if it is very high. You will pay them a percentage of the bond and a bonding firm representative, a bail bondman as they are commonly called, or a bond individual can post the bond so that you can get out of jail.

If your bond is $50,000, for instance, this will be a very significant sum for most individuals to pay. A higher bond is normally reserved for felonies rather than for misdemeanours. Most likely, you would pay the bonding company 10 percent of this number, which would be $5000, and they would pay $50,000. You will not be returned the $5000 you are charged to the bonding firm.

Misdemeanor charges typically do not have high bonds, and with this form of charge, the bonding firms charge about 20 percent of the bond. You will only have to pay the bonding firm $200 instead of $1000 if the bail is set at $1000. The bail bond firm also retains this as a charge for posting the bond.