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The 3 most common misconceptions regarding Bedford bail bonds
No CommentsWhenever someone gets jailed and wants to be released prior to the trial date, he or she has to pay a sum of money called bail. There may be a moment in your life when you have to deal with the responsibility of being the person who signs the bail bond. The process itself can be confusing if you are not accustomed to such legal procedures, but it can get even worse due to some common misconceptions. When it comes to looking for Bedford bail bonds it certainly does pay to be informed.
Firstly, a lot of people are under the false impression that bail bonds are negotiable. The truth is that the judge sets the bail amount and even if each state has different laws, the amount a bail bondsman is allowed to charge you is unchangeable. In most cases, the fee is 10% and whenever an agent tries to charge more you should immediately get in touch with the proper authorities. Doing business with someone who is breaking the law is never worth it.
The second common misconception is that bail bonds involve high financing interest rates. Whenever the indemnitor cannot afford to pay the whole sum at once, he or she is given the opportunity to sign a financing plan. However, the law states that the bail bonds agent is not allowed to charge any interest. It is true that you need good credit to get the loan, but any fees or taxes that would put the price above the state limit is illegal.
Finally, the most common misconception states that the indemnitor’s job is done once the jailed person has been released. However, unless he or she attends all court dates, the bail bonds company does not receive any money and will try to recover its losses through the person who signed the contract in the first place. Therefore, it is very important to make sure the defendant does not skip any court dates.
Now that you are aware of the 3 most common mistakes people do when trying to get a friend out of jail, you are ready to choose a bail bonds company. ATW Bail Bonds is open 7 days a week and guarantees release within 24 hours, so if you value your time you know who to call.
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