What is the Price of a Bail Bond?
Bail bonds, also referred to as a "surety bond," are a legitimate part of the bail industry. Bail bonds Richmond VA provide a way to get someone out of jail quickly, and for an affordable price. There are steps you need to take in order to qualify, but bail agents work hard to make sure people are able to get their loved ones out of jail using a surety bond. There are a few things you need to know as you work towards the release of a loved one: Bail bond fees are regulated by law, so check the laws in your state so you know what to expect. In most cases, however, the bail bond fee is 10-15% of the full bail amount. So, if you have a friend whose bail is set at $10,000, the most you would pay would be $1,500 (the Insurance Division of each local government handles all laws, licensing, and regulation for bonds). This is much more affordable than coming up with the full bail amount quickly. Of course, if the defendant skips bail, you will most likely have to pay the full bail amount, or lose any collateral you put down.
Be Wary of Extra Fees and Taxes: Look for a Customer Service Focus
If a bail agent tries to charge you with junk fees or taxes in relation to your bail bond: be wary. Because the state regulates bail bond fees, it provides a helpful guideline for spotting scam artists and illegitimate bail agents. The most important thing to look for when trying to bail someone out of jail is a bail agent who focuses on customer service: You can't put a price on getting advice and help that will be invaluable and comforting as you work to get your friend released. Here are a few things to look for as you search for bail agents who provide bail bonds Richmond VA:
- Immigration Bonds
- Felony & Misdemeanor Bonds
- 24/7 Service
- Reasonable Prices
- Focus on Customer Service
- Information about Bail Bonds
- Knowledge about the Jails in the Area
- Willingness to Help and Provide Information
Learn More about the Cost of Bail Bonds
As you research different types of bonds (such as the Immigration Bond), keep in mind that it is important to do your research to make sure you aren't being targeted by a scam artist, charging exorbitant amounts of money. And, you should keep in mind that there are two main factors that determine bail bond fees:
- The Laws in the State Where the Defendant is Being Held
- The Alleged Crime the Defendant is Accused of Committing
The more serious the offense, the higher the bail amount will be. For instance, crimes of violence (like Assault or Attempted Murder), will carry a much higher bail than petty offenses (such as Harrassment or Traffic Crimes). This is because the main goal of bail is to allow the defendant to be free during the time it takes for their case to proceed, but also protect the public. If a person is seen as dangerous, they will be held at a much higher bail amount in order to protect the public and the alleged victim. These are all things you need to consider as you figure out the cost of your bail bonds Richmond VA. If you have any questions, feel free to contact an experienced bail bondsman in your area to discuss how you can help your friend get out of jail quickly.