Accessing bail bonds in Dallas can be an involved and confusing process, especially if you’ve never had to experience bailing a loved one out of jail (or bailing yourself out of jail) before. That’s why we feel it’s important for you to know the lingo and the process. We’ve put together this quick guide to help. Let’s get right to it!
1. What is a bail bond?
A bail bond is basically an agreement between an individual seeking release from incarceration and a bail bond agent, who pledges money or property as security that the defendant will appear in court when required.
2. How much does a bail bond cost?
The amount of money or property required is set by a judge who assesses the seriousness of the offense and other factors such as criminal history.
3. How do bail bonds work?
The bail bond agent typically charges 10% of the total cost of the bond, which is non-refundable and must be paid upfront before they will issue the bond. This fee, known as a premium, is paid to cover administrative costs and any potential losses should the defendant fail to appear at court hearings.
4. Do I need a cosigner for a bail bond?
Cosigners are people who sign the bail bond with you and agree to pay the bond if you do not appear in court. Most bail bond companies will require some form of a cosigner, although the specifics vary from state to state and company to company.
In general, cosigners must be over the age of 18, have a job, and have good credit. If you are unable to find a cosigner, some bail bond companies may be willing to work with you based on the value of your collateral.
5. What collateral do I need for a bail bond?
Once the agent has received proof that all terms have been met, typically including payment for their services, they post a surety on behalf of the defendant with either cash or collateral such as jewelry or even real estate in some cases.
The surety functions as security against any losses suffered if the accused fails to appear in court as scheduled. Should this happen, it may result in forfeiting all monies paid upfront plus any additional fees incurred while pursuing them back into custody.
6. How do I pay for a bail bond?
You can pay for a bail bond in a number of ways. First of all, keep in mind that you’re only going to be paying a small percentage of the amount upfront. A $1,000 bond would mean $100; a $5,000 bond, $500. This ratio makes it more manageable. But you don’t necessarily need the cash on hand if you have collateral of equal or greater value. You can use that to secure a payment plan so you don’t have to pay it all at once.
7. What are the risks of getting a bail bond?
There is no guarantee that someone released on bail will appear for their court dates. If you’re a third-party posting bail, that can mean full forfeiture of your cash or collateral. It’s worth noting, however, that the same is true if paying the money directly to the court.
The difference is that reputable bail bond services in Dallas like Delta Bail Bonds will work to protect your investment. We’ll do it by ensuring that your loved one appears for their court date. We come highly recommended by the clients we’ve had the privilege of serving as compassionate and responsible providers. But don’t just take our word for it. Read online reviews and talk to anyone you know that has used us before.
8. How do I find a bail bond company?
You can look in lots of places throughout Dallas and Collin counties, but you won’t find a more reputable bail bond service in Dallas or the surrounding area than Delta Bail Bonds. You know how to find us since you’re reading this now. But to make things easier, here’s our contact page.
Accessing bail bonds in Dallas can be an involved and confusing process, especially if you’ve never had to experience bailing a loved one out of jail (or bailing yourself out of jail) before. That’s why we feel it’s important for you to know the lingo and the process. We’ve put together this quick guide to help. Let’s get right to it!