Being arrested isn’t something you can plan for, especially if it’s for something like a road collision. As with many unexpected life events, an arrest could cause a lot of issues for your finances.
With all the stress and worry that can come with an arrest, concerns about your finances can make the situation worse. Your focus will be on wanting to get home as soon as possible, but if you can’t afford to post bail, this could have a big impact on you and your family.
Fortunately, bail bonds are an option to help you cover the cost of your bail. A bail bond company can cover the cost of your bail on your behalf, and provided you don’t break the terms of your bail, you won’t have to pay the full amount. Most bail bond companies ask for a 10% fee for their services, a cost which is significantly lower than your bail amount.
Bail bonds are used by people every day to help post bail. The sooner you post bail, the sooner you can go home to be with your family and await trial. A bail bond can provide you with the financial support you need, making it much easier to pay your bail.
This infographic provides some useful information about bail bonds and how they work. You may never need to use a bail bond, but having some more information about them could be valuable to you or a friend in the future. Take a look at bail bonds in more detail below:
Infographic Design By: Balboa Bail Bonds Balboa Bail Bonds