A person charged with a felony can be freed from jail before their trial by submitting a bail with the help of Redding bail bonds. While, in most instances, the defendant can get released after paying the bail bond amount straight to the court clerk, if not, they have to spend a day in jail until their day in court. However, there are scenarios where defendants don’t have enough money to pay their bail and are incarcerated until their trial or judgment, regardless of whether they are found guilty. Well, persons without money can still get out of prison and avoid unlawful suffering owing to their financial status if they go through a bail bonds company.
Most bail bond firms provide collateral in the form of a mortgage on a car, house, or luxury assets like jewelry as an alternative payment. Collateral serves as security for loan repayment. For instance, if you offer your vehicle to a bail bond business as collateral, the car’s value should be equivalent to the bond payment. While the court only accepts cash payments for bail bonds, this article presents a few alternatives to bail if you don’t have money! Before that, let’s understand some basics.
What Are Bail and Bail Bonds?
Bail is a financial commitment ensuring the arrested defendant will appear in court for their trial and not flee while their case is being processed. The court collects the cash bail amount for a defendant to get emancipated during their criminal proceedings.
Bail bonds is a service delivered by various private Weaverville bail bonds companies that posts the complete bond as your representative. Since it’s a contract between you and the firm, it’s solely up to them to negotiate whatever settlement they want to make in light of your financial condition.
What is the Typical Bail Amount?
There’s no predetermined amount for bail since it varies from state to state. However, bail is generally between a few hundred and a thousand dollars for first-time offenders or minimal offenses. The court usually determines bail and its amount after evaluating an individual’s income, criminal history, and charges. For instance, if you are accused of a felony, the bail will usually be more if you were once charged with a misdemeanor.
Since some US courts have introduced a bail schedule, establishing a standard bail bond for a specific offense in a particular jurisdiction, the suspect might have to face costlier bail for more serious criminal charges.
What Are Your Alternatives if You Are Unable to Post Bail?
Remain in Jail:
People wanting to post bail but don’t have enough money for it will have to stay in jail until their sentence. Alternatively, if your friend or family member deposits bail on your behalf, you can be released from jail while awaiting your trial.
Use Cash Collateral:
Cash collateral is your second option, allowing a person to submit some funds to the court, like retirement assets or home equity, for your criminal trial’s duration.
Seek Bail Bond Company:
Getting bail bonds in Yreka is your final option for posting bail with no money. Most defendants discover this the most cost-effective and easiest way to submit bail without dipping into their savings. However, in lieu of posting the complete bail money on the individual’s behalf, the bond firm expects 10% of the bail amount, which is non-refundable, even if the defendant isn’t found guilty.