When someone wants to bail a loved one out of jail, the person has two options. One is to pay bail to the court in cash or secure the defendant’s release with collateral. The other is to obtain a Bailbond in El Reno OK, in which an agency posts a surety bond that essentially functions as cash bail. Both measures are intended to guarantee the defendant will come to all scheduled court dates. If this does not happen, an arrest warrant is issued and the person is returned to jail.
Getting the Money Back
The person who takes responsibility for bail or a bailbond in El Reno OK naturally wants the money back. Cash bail is returned after the case is over as long as the defendant did not miss their court dates. This usually takes a few weeks, but the money is returned to the person who paid the bail. The fee for the bond is nonrefundable, so the individual must get that money from the friend or relative who was released from jail.
A Specific Example
When someone secures a defendant’s release with a bail bond, that individual must accept the possibility the friend or relative may never repay the money. This is why being cautious and clear about the gesture is essential. Bail bonds generally cost ten percent of the cash bail amount. If bail is set at $10,000, for example, the ten-percent fee is $1,000. If this is a financial hardship for the person wanting to arrange the bond, it may be advisable to find someone else to take over this responsibility. This is especially important if the defendant doesn’t have any savings and doesn’t earn much money.
In some instances, the man or woman deciding to do business with an agency such as Ken Boyer Bail Bonds does not care about getting the fee back from the friend or family member. The person does not have enough money to pay the full cash bail but may not have trouble paying the bond fee with savings or a credit card. This person just wants to get the loved one out of jail as soon as possible.