Apex Bail Bond Fees Danville, VA
So there’s been an arrest, and now you need to find a way to come up with a certain amount of money to get yourself or a friend out of jail in Indiana. “What are some of the ways I can find bail money?” you might ask. Well the easiest way would be to hire a licensed and insured bail bondsman. You can find them on the internet if you look up bail bonds and the county you were arrested in, or where your friend is being detained. Apex Bail Bonds Danville, VA is one of the authority sites on this topic.
When you hire a bail agency, you will be required to come up with at least 10 percent of the bail amount, but never more than 15 percent. So if the bail amount is $5,000, you would be required to pay $500 to bail someone out of jail, and you do not get this money back. When you cannot hire a bail bond agency for whatever reason, there are some other options to raising money to pay for bail in Indiana.
This uses a person’s home (they have to own the home) as collateral for bail payment. The bail agency puts a lien on the home. The lien is released once the person shows for court and is placed in jail and the ordeal is done with. If the defendant fails to show up for court, the bondsmen can begin foreclosing procedures on the home.
This is one of the most common ways people raise money that they don’t have themselves, to bail someone or themselves out of jail. Borrowing from a friend or family member is an option often taken, but if the bail is really high, then borrowing from multiple friends and family would be the only way of getting all the bail money you need. The money is returned once the person shows for court and the hearing is complete, allowing you to pay back everyone.
Many people who need a fast way of raising money for bail can turn to pawn shops where you can pawn valuables for cash. There is usually not a good return at pawn shops because you will be offered significantly less money for the object than what it’s actually worth. If you paid $500 for a ring, the pawn shop will probably offer you $50-$75 for it. Be prepared for this low return. But once the bail money is returned by the court, after the person shows up for their hearing, the money can be used to pay back the pawn shop and you will get that ring back.
-Selling Personal Property
If none of the above options work, a person can always sell some of their property to gain bail money. People can sell stereos, motorcycles, electronic devices, cars, exercise equipment, furniture, and any other personal property worth money. They can sell this property online, to neighbors, friends, or family. The risk involved is losing all your valuables. They will not be returned once the person being bailed out of jail goes to court and finished their proceedings. They would have to promise to compensate you on everything you sold, to replace it once they are out of jail.