There is never a good time to hear a friend or loved one has been arrested. The whole experience can feel overwhelming and stressful. We understand you have a lot of questions about posting bail that’s why we’ve addressed many of your questions like – why you should post bail quickly and what to look for in a bail bond company. In today’s post we’re going to take a closer look at a very common question, “Do I need cash to pay for bail bonds?”
Cash Bonds
Posting bail can be expensive and still for some people their best option is to use cash and opt for a cash bond. If that’s the case we recommend discussing the option with your bail bond agent. We understand that this is not a very common option for defendants and their families.
Do I Need Cash to Pay for Bail Bonds?
We’ve come a long way from trading goods and solely cash for services. In our modern day and age you do not need cash to pay for bail bonds. In fact most bail bond agencies will accept the following forms of payment.
- Visa/Master Card/Discovery/American Express
- Cashiers Check
- Money Order
- Debit
- Collateral
This is good news is in Colorado you will typically pay 10% (but never more than 15%) of the total cost of bail. Which when you consider paying 10% of the total cost of bail it easily range between $5,000-$10,000 leaving you to pay anywhere from $500-$1,000 or more. You will also need to cover any booking/processing fees as well.
Call All American Bail Bonds Today!
At All American Bail Bonds our expert team is familiar with local laws and regulations surrounding your release. We offer bonds at any amount and work with any jail to get you or your loved one released as quick as possible. Call our team today – we’re standing by 24/7!