3 Bail Bonds Payment Methods You Can Consider

Bail bonds guarantee the court that a defendant will return for a hearing on a given date. You might end up in jail, and you have to run your business, so you can't stay there long. Besides, jail life is tough. You wouldn't wish to spend an extra day there, and that is when you will need to post bail to get out of jail.



Below are ways to pay for your bail bond, especially if you don't wish to use your savings.

1. Credit Cards

You can use your credit card for your bail bond payments. If you don't have enough cash, credit cards could be a solution. You can also request an increase in your credit limit from the bank if the limit is lower than the bail bond fee. This provision qualifies credit cards as an efficient method.

Besides, credit cards are quicker compared to cash payments. In cash payment, you might have to go to the bank for the withdrawals. Thus, you might not find cash payments time effective because you might wait in the queues. ATM limits challenges can also pose a challenge if you opt for a cash payment that involves a large sum of money. Thus, a credit card is a convenient bail payment mode you can consider.

However, before you get to the payments, find out about the interest rates. Different cards have different rates, and if you have two or more, you can consider the one with the lowest interest rates.

2. Property Bonds

Some property bonds require you to give a valuable asset under your ownership. For example, you could offer your land, car, or apartment. However, property bonds are riskier because failure to attend the hearing means that you will lose your property for good. Also, the property's value must be higher than the bail bond.

Though this option is risky, you can ensure that your assets are refundable as long as you fulfill the agreement. Therefore, you better play safe to secure your property after your court case is over. Please educate yourself on the various bail dishonor conditions that can make you lose your property before you commit to a property bond.

3. Checks and Money Orders

Written checks are a traditional payment method and are still in use for bail bond payment. Both local checks and personal checks can work. The checks include the name of the detainee and the booking order. However, you can only use this method in some jails as several don't accept checks.

A money order is a mode of payment in paper form and requires the payee to take it somewhere and have the payer deposit the agreed amount. The payee or the bail bondsman can then get the funds after the deposit. Most courts can take this mode of payment because it guarantees payments. However, the drawback is that the defendant isn't released until you deposit the cash.

Conclusion

Cash payment is a common method that most people use to sort their bail fees. However, situations can catch you off guard when you aren't in a position to issue cash payments. This development might also affect your financial budget, especially if you weren't ready. You can use the above modes to avoid such financial predicaments.

At Bail Busters, we offer flexible payment methods and plans that suit our clients' needs. You can pay your bail in installments if you can't afford it once because we offer you peace of mind throughout the process. If you need any of our services, feel free to contact us, and we will appreciate the chance to serve you.