When To Give Away Your Tax Refund: Bail Bonds

los angeles bail bonds

Whether you’re on your first or last payment of a bail bond, or somewhere in the middle, know that you can use your tax refund money to pay for bail, there’s nothing wrong with that, even if the bail bond is for a friend or family member and not you. You will have to wait until your tax refunds are fully transferred to your account and possession before you can then hand it over to your bail bonds agent.

Bail bonds are set up so that the defendant is freed from jail immediately. A payment plan will be put into action so that whoever is financially responsible for paying for the bail bond, can make multiple payments over weeks or months and each payment is a smaller sum. Bail bonds are very commonly used to get out of jail because it is easier financially for those paying.

Speak to an agent or representative at Los Angeles Bail Bond Store to get a consultation, a quote, and to have all your other questions answered.

You’ll definitely learn all you need to know about bail bonds and even so, your agent will be with you through the whole process. Call 877-793-2245 today.

Read more >

Understanding the Reality of Bail Bonds

Bailing out of jail is not as fast as what you see on television shows, unfortunately. As they do with everything they air, television shows cut out a lot of the stuff that happens, leaving out many minor details, that are in real life, major details. Here is the larger view of bail bonds:

Bail bonds release recently arrested individuals from jail. This is coordinated by a professional bail agent from a bail bonds company like Los Angeles Bail Bond Store. He or she charges the premium, think of it as a fee for his or her services, which varies client to client. The premium is going to be 10% of the full bail amount that the judge originally ordered. So if the judge set bail at $30,000, the bail bond premium is $3,000. The bail bondsman will work with the client to come up with a payment plan, meaning the bail bond premium will be paid off over a course of weeks or months. Because of this incredible flexibility in working with the bail bonds company, more people find it easier on their finances to go this route, as opposed to paying cash bail where 100% of the bail needs to be paid upfront.

After the defendant is released, it is not all fun and games just yet. The defendant will need to show up for all court appointments, as well as abide by any other additional release terms, such as curfews and travel restrictions. If he or she fails to do that, the bail bond can be revoked, and he or she will be taken back into custody. Additionally he or she may need to pay even more to the bail bondsman, and any collateral that was offered will be taken away.

Bailing out of jail with a bail bond is a straightforward process, but even then, things can go wrong. All those missteps can be avoided though, when you have Los Angeles Bail Bond Store on your side. If you ever need a bail bond, please contact us at 877-793-2245, or Chat With Us.

Read more >

The Price of Collateral

Many bail bonds will require collateral in order to be authenticated. Collateral is typically property, vehicles, and valuables that a person pledges to the bail bond company. The bail bonds company uses collateral as insurance.

You see, the big thing about bail bonds over cash bonds is that a bail bond costs 90% less than cash bonds. The defendant will need to show up for court in both cases, but for bail bonds, the collateral acts as a big incentive for the defendant to honor this agreement. If the defendant fails at showing up for court, the bail bonds company can, and will, claim the collateral from the original owner. The original owner loses whatever property, vehicles, and/ or valuables they pledged. Knowing they have loved ones putting so much at stake for them is the incentive for the defendant to go to court. Otherwise, the loss of collateral is at the fault of the defendant.

To find out what collateral is accepted, and to get all your other bail bonds related questions answered. We urge you to contact a professional from California Bail Bond Store now online or at 877-793-2245.

Read more >