In the event of an arrest, bail bonds are a way to get out of jail without paying any money. It is a type of borrowing, which means you will have to pay the borrowed amount back with interest.
Types of Bail Bonds
If you can afford it, bail bonds are not necessary. But in circumstances where you cannot afford bail but still want to go home, you may need a cash bond loan or find someone like bail bond agent pa who will act as your guarantor or sureties.
The bail bond is essentially a sum of money that a person must pay in exchange for his or her freedom against the possibility that the suspect will not show up at the trial. The amount is determined by the court and depends on the severity of the crime, with higher crimes having higher bail amounts.
Advantages of Bonds
Bail bonds are a useful way to help people who have been arrested go out of jail, especially in situations when they cannot afford to pay bail. In this regard, it is a good crime deterrent. However, the Washington State law imposes limitations on the amount of the bail.
Disadvantages of Bonds
Bail bonds can be quite expensive to pay back and you will have to go through the hassle of court appearances if you fail to show up for trial. In addition, you will be subjected to a lot of inconveniences as your movements will be limited until you settle the issue with the court. If you fail to pay back the bail after the case is settled, your personal assets will be seized and sold.
Bail Bonds & Criminal Cases
If you are accused of a crime, you are required to get out of jail immediately. But in cases where you cannot afford to pay the bail, there is a need for an alternative solution. Bail bonds involve borrowing money from one or several people in order to get out from jail until court proceedings begin.
Bonds are established between the bondsman and the person who is going to be bailed and the money must be repaid with interest. If a person fails to meet the terms of his bail, he will have to pay a fine or complete jail time. So it is in this regard that some people say bonds are good for justice and that people who cannot afford bail should just get more friends.Continue Reading