If you’ve never dealt with bail bonds or had to use them, the whole business can be a little bit mind-boggling. While we never want to be in a situation where we might end up in jail, it’s important to know what is and isn’t true about bail bonds and the bail bond industry. Below are five common bail bond myths that have been debunked.
Cash Only When You Get a Bail Bond
A lot of people assume that you can only pay in cash for a bail bond; this is definitely not true. You can pay with cash, credit card, or whatever else your bail bondsmen accepts.
Full Bail Bond Amount Immediately
Say you are bailing out a family member and the bail is $1,000, people tend to get a little scared that they have to pay that much in full. Good news, you don’t! When you put down money for a bond, you only have to pay 10%.
Once You Pay, You Have No More Obligations
This is another one of those bail bond myths that need to be addressed. Just because you get bailed out, doesn’t mean you are through. You will have to go to your assigned court date and set everything straight before everything is finished.
Only Family Members Can Bail You Out
If you have the financial resources to bail out a friend, significant other or even a co-worker, you are more than welcome to. As long as the bail bond is paid, it doesn’t matter who posts the bail.