When a loved one has been arrested, you probably want to help them get released from jail as quickly as possible. Even if it is the middle of the night, a Bail Bondsman in Detroit can help you get your loved one out of jail quickly and affordable. Instead of paying the bond in its entirety, there are two different ways you may be able to pay the bond. When the bond isn’t very large, you can just pay the bondsman a percentage of the full bond amount along with any applicable fees. When the bond is a substantial amount, you may want to use collateral instead.
For bond amounts that are not significant, but are too much money for you to pay the full amount, you can pay the bondsman a percentage of the bond amount. The bondsman will then pay the full amount for you and your loved one will be released until their hearing. If they attend their hearing, the bondsman will get the bond amount back, and you won’t owe further money. However, if they do not show for their hearing, you will have to repay the bondsman the full bond amount, and may have further fees to pay.
If the bond amount is significant, and you do not have money on hand to cover even the percentage to the bondsman, you may be able to put down collateral instead. The collateral would be something of value, such as the title to a home or car. If the person you are bonding out of jail doesn’t show for their hearing, however, you may forfeit your collateral. If they do go to their hearings, you will get the collateral back when the terms of the bond are completed.
The Bail Bondsman in Detroit that you work with can help you to decide if paying a percentage of the bond or using collateral will be better for you. They can also discuss the entire process with you so that you know what may happen if the terms of the bond are broken, as well as what happens if the terms of the bond are completed. To get your loved one out of jail as soon as possible, speak with a bondsman right away.
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