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The Pros And Cons Of Cash Bonds And Bail Bond Store

Martinez-Bail-Bonds3

The only way to get out of jail to live at home before and during your trial is to post bail. Now, there are two options for posting bail: paying in cash, or using a bail bond. Let’s explore the pros and cons of each:

CASH BAIL:

    Pros:

  • No third party involved with your bail.
  • Money is returned as long as you adhere to terms and conditions of bail, such as appearing in court when ordered.
  • Less paperwork.
  • No extra fees.
  • Shows court your bigger promise to return to court – it’s your money (or a loved one’s) on the line.

    Cons:

  • Must have all the money to pay at once. No payment plans.
  • Failure to show in court means cash bail is kept by court.
  • Refund is returned in check instead of cash.
  • Refund can take up to 3 months.
  • IRS is notified of checks $10,000 or more.

BAIL BOND:

    Pros:

  • Pay only 10% of bail amount to bail agent, meaning you have extra money to spend on other necessary expenses like a lawyer.
  • Allowed to pay the 10% over a period of time – low monthly payment plans.
  • If defendant fails to show in court, you are not responsible for paying the full bail amount.
  • Bail agent knows the process and will be with you the entire time to explain everything.
  • Bail agent is responsible for making sure defendant goes to court.

    Cons:

  • 10% paid is non-refundable.
  • More paperwork (though the time it takes to release the arrested person may be just as long as if a cash bail was paid).
  • Third party is involved.

Weigh the pros and cons if you’re ever arrested, or if you know someone who is. Just like having a lawyer is always very helpful, having a bail agent to help you is also very helpful.

If you decide to go the bail bond route, please contact Martinez Bail Bond Store at 925-228-5858 immediately.

Our friendly, licensed, and professional agents and representatives are ready to help you with all their power.