Are Bail Bond Fees Required Upfront?

When it comes to making any type of significant payment, one of the first things that comes to mind is whether or not you can afford to front that much cash at the time. As for the bail bond industry, this particular question is a common one because the cost of bonds is usually in the high hundreds or even thousands of dollars. Accordingly, one of the most common questions asked by bail bond clients has to do with upfront fee requirements. This is not such a surprising question; after all, many legal professionals use differing payment arrangements and payment models for their services, including hourly rates, retainers, upfront fees, and billed invoices.

If you are seeking to bail a friend out of jail, or bail yourself out of jail in the case that you are surrendering to an arrest warrant, you will need to understand how bail bond agents charge for their services. Continue below to learn what to expect when paying for a bail bond.

Cheap Indianapolis Bail Bonds
Cheap Indianapolis Bail Bonds 317-876-9600

Bail and Bail Bonds

There are two different figures to pay attention to when learning how much you will need to pay to get out of jail, and when you will need to pay it. The first is the bail, and the second is the bail bond. A judge will set a defendant’s bail within the first 24 hours of being detained. Most often, this number is high, usually at least $1,000. Depending on the county of arrest, courts will adhere to a set bail schedule to assign a cost to a defendant’s bail. The more serious and severe the crime, the higher the bail is set.

⚖ According to the Bill of Rights, the 8th Amendment prohibits the federal government from being unfair or malicious when setting bail, specifically stating, “excessive bail shall not be required, nor excessive fines imposed, nor cruel and unusual punishments inflicted.”

Unless you are prepared to pay the entire bail amount directly to the court, which again is usually in the high thousands, you will want to focus more on the price of a bail bond rather than the bail. The cost of a bail bond is a set percentage of the total bail amount. So, if the defendant’s bail is set at $5000, and the bail bond company charges a 10% fee, you can expect to pay $500 for a bail bond. Keep in mind, bail bond fees are nonrefundable.

However, if you pay the courts directly, that money is refunded so long as the defendant appears for all scheduled court hearings. Furthermore, bail bond agents are allowed to charge whatever percentage they like upon their own discretion, so long as is it is within the states set bail bond rate. This is usually between 10 and 15%, however some states are now allowing bail bond companies to charge as low as 8% for the services.

When You Have to Pay

If you are choosing to use a bail bond company to get out of jail, whether for yourself or for a friend, you will always have to pay upfront. In some cases, a bail bond agent might allow a client to pay after getting out of jail, but only if they are being picked up by the bail bondsman directly and going straight to the office to complete the payment. This is common procedure for prearranged bail bond service for arrest warrant surrenders.

How to Get Out of Jail Fast in Indianapolis, Indiana

Call Woods Bail Bonds at 317-876-9600 for fast, safe, and secure bail bonds in Central Indiana. We serve the entire state, as well as the Indianapolis region, including Hamilton County, Marion County, Hancock County, Hendricks County, and more! From convenient customer services like free jail pick up and drop off, to 24 hour emergency bail bonds, free jail and courthouse information, and more, we are truly your best option for fast bail bonds near you. We operate 24-7-365, even on National holidays. Request a free estimate, anytime!

Indiana Bail Bonds 317-876-9600
Indiana Bail Bonds 317-876-9600

Will I Get My Money Back if I Bail a Friend Out of Jail?

The decision to bail a friend out of jail, especially if they are a loved one, might feel like an easy one. After all, you wouldn’t think twice to help out a close friend in need; right? Well, if you are one of these empathetic people, be very careful. That is because the decision to bail a person out of jail is not as easy as you think. It is a very serious decision, and one that comes with a certain degree risk and liability, and can even have potential consequences for you.

Continue reading to learn how bail works, what risks you are taking on when bailing someone out of jail, and whether or not you get your money refunded for a bail bond.

Indiana Bail Bondsman 317-876-9600
Indiana Bail Bondsman 317-876-9600

The Basics of Bail and Bail Bonds

Bail bonds are formal documents that allow a release from jail for a person being detained on suspected charges or crimes. Bail is the amount of money or surety set by the courts. These amounts differ for everyone, depending on the severity of crime, criminal history, flight risk, and more. Once bail is set, a bail bond can be obtained so that a person can be temporarily released from jail to await their following court hearing at home.

By now, your friend has contacted you to let you know they’ve been arrested. If you decide to bail them out of jail, you will contact a bail bond company at this point in the process. A bail bondsman, or bail agent, is the individual who operates a service that provides bail bonds for people who need to turn themselves into authorities, or need a release from jail. They operate by lending, or covering, the bail amount for those who cannot afford the entire fee upfront, in exchange for a non-refundable fee. So, whatever money you pay for your friend’s bail, you do not get back.

The Cost of Bail

Bail is set at various amounts depending on a long list of factors. The most influential factor is the type of criminal charge. Indiana has a set bail schedule for all misdemeanors and felonies, but judges can modify these set amounts at their own discretion, based on the factors mentioned before. See our blog, “Local County Bail Bond Schedules for Indianapolis” to learn the current bail amounts.

The cost of a bail bond is derived by a person’s bail amount set by the judge. You see, bail bondsmen charge a certain percentage of the total bail amount. So, if a defendant’s bail is set at $10,000, a bail bondsman will charge a percentage of that amount, which is what you will pay. However, bail bondsmen cannot fully choose their rates; the Department of Insurance regulates how much a bail bond company can charge for their services. Currently, the percentage is set between 10% and 15%, which means a bail bondsman can use personal discretion and charge a client any amount between that range.

Bail Bond Contract

You must sign a bail bond contract to bail your friend out of jail, which strictly binds you to certain legal requirements. Signing a bail bond contract means that you are accepting the terms and conditions of the agreement, which includes contractually agreeing to ensure the defendant appears for all scheduled court hearings, as well as, paying the bail bond premium. So if your friend’s bail is set at $10,000, and they do not appear for court, you are legally required to pay all of that back to the bail agent. Furthermore, you would be responsible for tracking down your friend and ensuring they go to court, as well as, paying any fines and related fees for the missed court date.

Where Can I Get Cheap Bail Bonds in Indianapolis?

Call Woods Bail Bonds at 317-876-9600 to talk to a friendly Indianapolis bail bondsman about getting your friend out of jail in Central Indiana. Right now, we are currently offering an 8% fee for bail bonds! This is the lowest rate in years, and only available here! That means you only pay 8% of your total bond amount, rather than the standard 10 to 15% rates required across the state. In order to qualify for this low rate, you must meet certain criteria. Call 317-876-9600 today to learn if you can qualify for 8% bail bonds in Indiana!

Indiana Bail Bondsman
Indiana Bail Bondsman 317-876-9600