When a call comes in late at night from a friend in jail, he or she likely needs help getting out. If you want to help your friend get out quickly, you will probably need to have some cash on hand that you can use. Fortunately, if you do not have cash for this purpose, you could call a bail bondsman to learn more about the options you have.

How a Bail Bondsman Helps

To get a person out of jail, the court will set a bail amount, and you must pay it. This is the simplest way to get a person out of jail right now, but it is not always that simple for everyone. To use this method, you will need the right amount of cash, and not everyone has cash available to use for this purpose.

Because of this, bail bond companies assist individuals when they need help getting a person out of jail. They help people like you by offering loans for the bail, and they can offer a loan to just about anyone. If you need a loan to get your friend out of jail, this is the place to go.

The Fee You Must Pay

In exchange for the services a bail bondsman offers, they charge a non-refundable fee. A bail bondsman bases the amount of the fee on the amount of the loan. Larger loans require higher fees, while smaller loans have lower fees. Some bail bondsman companies will only offer loans when people pay the full amount of the fee ahead of time, but others offer payment plans.

The Options You Have to Pay the Fee

When you call a bail bondsman for help, you can find out the fee amount by telling them the person's name, location, and bail amount. The fee is probably going to be 10% of the bail amount; however, this percentage varies. If you have enough cash to pay the 10% fee, you can pay it to the bail bondsman, and they will begin working on getting your friend out of jail.

If you do not have the cash needed for this, you could pay the fee with collateral, which could include using the equity you have in your house, a car you own, jewelry, or something else you have that has monetary value. If you use collateral, you will have to repay the fee in cash before you can get the item back. Failing to repay the fee will result in losing this item.

For people who do not have collateral to use, find a company that offers payment plans. With a payment plan, you can make payments to the bail bondsman over time to cover the costs of the fee. If you use this option, you may have to pay an extra fee or interest.

The Responsibilities and Consequences of Getting a Bail Bond

No matter how you end up paying the fee, you must understand the responsibilities and consequences that go along with bail bonds. The main thing to know is that you are borrowing the money needed to bail your friend out, which means you must repay it.

Fortunately, if your friend follows all the orders of the court, including attending every single court hearing, the court will release the funds back to the bail bondsman. When this happens, it satisfies the loan amount you owed, leaving you owing the bail bondsman nothing further than their fee.

If your friend violates the conditions and requirements, you will personally be responsible to repay the money owed to the bail bondsman, simply because you were the one who took out the loan.

If you want to help someone get out of jail and do not have enough cash on hand, contact Matt McKeehan Bail Bonds. We offer help 24 hours a day and offer convenient payment plans for all types of situations.

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