Hi, my name is Kirsten Krueger and two years ago, I was in a car accident. I was stopped at a stop sign when the driver behind me slammed into my car. Due to my injuries, I had to spend a few days in the hospital and I was unable to work for two months. My medical care was expensive and without being able to work, I couldn't pay my bills. The car accident was stressful enough and then I had to worry about how I would pay my bills. After speaking with a car accident lawyer, it wasn't long before I was compensated for my medical bills and lost wages from work. I'm writing this blog to help others who have been a car accident and haven't received any compensation. As you read my posts, you'll learn how an attorney can help you if you're in a vehicle accident.
When it comes to the legal system, few topics are as misunderstood as bail bonds. While being arrested is automatically stressful, a lot of people get very confused and stressed about the bail bond process, usually because they've heard things that aren't true.
Don't let the following myths or misconceptions stop you from taking advantage of a bail loan that can get you out of jail and back to your life while your case is being resolved:
Myth 1: Bail bondsmen set the bail amount.
The bail bondsman you call from a holding cell may have some insight into the bail process, and they might even be able to predict how much your bail will be, but they don't actually set the bail amounts. That's determined entirely by the judge handling your case and will depend on several different factors, including the severity of the charges against you, your criminal history, and whether the court thinks you're a flight risk.
Myth 2: Bail bonds are unaffordable to the average person.
The cost of a bail bond is going to vary, depending on what bail the judge set, your location, and the bail bondsman you use. In many states, bail bond companies are restricted by law to what they can charge. Even where they're not, you can find reasonable bail bond loans by merely calling around and asking for quotes. In addition, most bail bondsmen allow you to make a downpayment and pay the remainder of the fee in installments.
Myth 3: You get your bail bond money back if you're acquitted.
It is important to understand that the money you pay to a bail bondsman to secure a loan is the bondsman's fee. In exchange for that fee, the bondsman guarantees the remainder of your bond to the court if you fail to show up for your hearings or trial. In other words, if your bail is $10,000 and the bondsman charges 10%, you pay them $1,000 to take the gamble that you'll stick around for court — but you don't get that money back.
Bail bond loans make it possible for defendants who cannot simply write a check for their full bail amount to be released from custody while awaiting trial. If you're in this position, a bail loan can help you keep your job, be available to take care of your family, and more fully participate in your own defense instead of sitting in jail for what could be months while you wait on a trial.
For more information, contact a company such as U.S. Bonding Co.
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