In the event where a family member or close friend was to get arrested, you may feel a strong urge to try to help your friend by handling the bail all by yourself. However, you’d be very surprised to know about the many benefits of using a bail bondsman. A bail bonds agent can help you through a very challenging time in your life.
Financial Benefits of Using a Bail Bondsman
Keep Your Money – When you decide to employ a bail bond agent, you pay much less than the bail amount. A bail bondsman only requires 15% of the amount of the bond. While this is a nonrefundable insurance premium, it allows the customer to have less out of pocket costs and resume their normal life during the court dates for their case. The bail advantage is that you won’t have to pay the full amount you’d normally have.
Prevent Yourself from Liquidating Assets – When it comes to large sums of money, it may require you to take some desperate actions. This means you may have to liquidate your assets like stocks or other investments and even refinance your mortgages or debt to pay the full bail amount. The advantage bail bonds will bring is that they will cover most of the entire amount for you. They also simplify the process making it less stressful for you during this time.
Prevent Investigation – Another advantage bail bonds give preventing potential financial investigations levied on you. Although you may have the money to pay for the bail, it may cause a private investigation since it’ll raise suspicion about how you have the money in the first place. This is especially true if your finances don’t seem to add up like having a low paying job. Courts will be very suspicious and start an investigation, which takes up to a few weeks. This will slow down the entire court process and make it more difficult for the defendant to be let go.
Legal Knowledge – There are so many benefits of using a bail bond agent that you wouldn’t think about. A bail bonds agent can advise you on the process because they know all about the legal system. This means they can give you advice on the best way to help get your defendant out of jail. The agent will know the best methods to help them be released, and what to do once he or she is let go. This is incredibly important for speeding up the process.
Privacy – Every bail bond agent knows that privacy and confidentiality are of the utmost importance. They can resolve the issue with discretion and honesty so that there isn’t any public leak about the arrest that may embarrass your family and friends.