People often ask us this common question: Are bail bonds refundable? In order to answer, we need to define a few terms, because a misunderstanding of bail bonds is the real reason this question is even asked. If you have a loved one in the Jefferson County jail, don’t waste time trying to find information on your own. Instead, call All American Bail Bonds for answers from expert bail agents, and get your loved one released quickly!
Difference Between Bail and Bail Bonds
First, we need to understand the difference between bail, and bail bonds. When a person is arrested, they are held in jail until their bail is set. Bail is a certain amount of money that must be paid to the court in order for the arrested person to get out of jail before their trial. Courts require bail as a kind of insurance, to provide an incentive for the defendant to return until the completion of their trial. There are many factors that determine whether or not bail will be granted, and how much it is.
Ways to Post Bail
There are many different ways to post bail, depending on the state where your friend is being held. The two most common ways to post bail are paying using cash, or working with a bail bondsman to obtain a bail bond.
- Cash: In some cases, people are able to pay the bail amount in cash. This can be difficult, however, because when you post bail using cash, it must be paid in full. If bail is posted using cash, and the defendant successfully appears for all their court dates, the bail money is returned at the end of the case.
- Bail Bonds: Because it can be tough to come up with a large amount of cash to post bail, many people opt to work with a bail agent to obtain a bail bond. When you purchase a bail bond, you pay a fee that is nonrefundable. This fee is for the service of working with a bail agent. The bail bond fee is much less than posting bail using cash: Depending on the state, it ranges from 10-20% of the full bail amount. Once you sign the paperwork, the bail agent then issues a bail bond to the court, promising to pay the full amount should the defendant skip jail.
Are Bail Bonds Refundable? No, But They’re More Affordable and Fast
While bail bonds aren’t refundable, they are the most affordable bail option for most people. And, because you aren’t wasting time trying to gather the funds to post bail, you will be able to bail your loved one out of jail faster using Jefferson County bail bonds. Call All American Bail Bonds Colorado today to learn more and get started!