So you find out that a friend or relative is sitting in a hold tank. You’ve had the misfortune of receiving their one phone call from jail. They’ve asked you to help get them out but have no idea how. They tell you that bail has been set at $10,000 and you know you don’t have enough to post bail. So what do you do? You only have two options: call a friend, relative, or spouse to help come up with the money or call a bail bondsman. A bail bondsman may be the only option you have if the cost to cover the total bail amount cannot be raised. These bail bondsmen provide a means for defendants to wait in the safety of their homes for their trial rather than in a jail cell. There are a number of things to know and to take into consideration before hiring a bail bonds man.

Know the Person

If you are hiring a bail bondsman agent it is essential to know as much information about the person who is in custody. First and foremost you must know exactly where the person in custody is being held. Know their location, what police station they are being detained at, and in what city. Next, know the full name and booking number of the detainee, you don’t want to bail the wrong person out! It is also recommended to know the amount the bail has been set at so that the bondsman is prepared. Though this is not always needed it will help the bondsman.

What is Brought to the Table

Bail Bondsman agencies don’t work pro-bono so a certain amount money, or in some cases property, are needed in order for a bondsman to take up the case. In most cases a bail bondsman fee is around 10 to 15% of the amount of bail. If the bail is set at $10,000 the bail bondsman will need at least $1,000 up front. This may not be the only thing that a bail bondsman requires. In some cases there is a need for extra collateral to put up. This can come in a number of different forms such real personal property; examples being real estate, land property, or high value items like jewelry.

Know the Risk

You’ve put your neck, and your pocket book, out on a line for this person. Like any other investment there is a certain amount of risk in bailing someone out with a bondsman. First, you’ve invested a certain amount of money in hiring a bondsman. Second, you may have had to put up a certain amount of collateral. Before venturing into this agreement you should know if the person you are bailing out is going to show up for the appointed court date or is going to flee. It is important to know if the defendant does not show that everything you’ve put up will be lost. That means the premium and collateral you have posted now belongs to the bail bondsman to help recoup his lose in the venture leaving you with nothing but a hole in your pocket.

Author Bio: If you\’re looking for a bail bond company in Colorado, visit the All Day All Night Bail Bonds website to learn more about the process and how they can help.

Category: Computers and Technology
Keywords: denver bail bonds, boulder bail bonds, aurora bail bonds, jefferson county bail bonds