Bail Payment with Cash or Credit Cards
companies take cash as payment, generally in advance of service.
However, paying for a bail bond with a credit card may be the most
convenient form of payment for the client and the bondsman.
by credit card is the quickest way to expedite the bail process and
thereby get the defendant out of jail faster. With a credit card
payment, bail bond payment and paperwork can be completed by email or
fax. Clients are surprised to find that they can arrange bail without
coming to the office. This convenience helps them avoid going out late
at night or taking time off work to complete the bail contract process.
Paying for a bail bond by credit card often is the best option for
parents of college students or anyone who lives far away.
No-interest Bail Financing
For some families, even
10% of the bail amount presents a financial challenge. Some clients
either don't have a credit card or a large enough credit line to pay
the bail bond fee. Some bail companies offer payment plan options to
clients, and a few charge interest on bail payments. Look for an agent
who offers interest-free bail financing, and make sure you know exactly
what you're agreeing to before you sign.
You don't have to
have a perfect credit to qualify for a payment plan. Generally, you
need to have credit and use it responsibly. Several factors come into
play for determining a payment plan: length of residency, employment
and arrest history, ability to make payments and other factors.
you work with a bail bondsman to arrange a payment plan, be realistic
about your budget. Don't offer to pay $500 per month when you can only
afford $250. The bail bond company will require you to make a down
payment that represents a commitment to pay the remainder of the fee.
most important is that the client demonstrates a serious attitude about
the situation. If the person charged fails to appear in court, then
the person who signed the bail contract is liable for the entire bail
amount. Never agree to bail someone out if you think that person may
not return to court.
Real Estate Liens and Collateral Bonds
is required for a bail bond, it is taken in the form of a real estate
lien on California property. Generally all owners of the property must
sign the lien and the property should have equity.
often use a real estate lien when the bail is a high-dollar amount -
$100,000 or more. It may also be necessary if the person has one or
more high-risk factors: few ties to the community, short work history,
or other such extenuating circumstances. A real estate lien provides
additional incentive for the person arrested to return to court. The
person knows that the family member who signed the bail contract has
put his or her house on the line and could lose the property if the
defendant skips bail.
The law requires the bail bond company
to return all collateral and release all liens when the defendant's
case is completed. It is advisable to contact your bail agent as soon
as possible to arrange for release of the lien. The bondsman will
release the lien anyway once notified of completion of the case by the
court, but often courts are slow to move on notification. When someone
puts up their home, they dont want a lien any longer than necessary.