Most arrests for criminal violations lead to time behind bars. To regain freedom, you should post bail, a sum you pay the court to obtain a pretrial discharge. Unfortunately, many defendants lack the funds to pay bail upfront, translating to an extended custody stay. If you are in this position, you should speak to Youngstown bail bonds to guarantee and finance your release. In return for the services, the bondsman will demand a premium fee. At 24 Hour Online Bail Bonds, we have explained bail bonds premiums and how we can help even when consolidating the premium is a challenge.
Overview of Youngstown Bail Bonds Agreement Terms
Paying bail or bond for many defendants is unattainable, considering the figure is usually highly contingent on your offense. Not many individuals predict their arrests, so raising the funds required for bail is a problem. Unless the court grants you an own or personal recognizance discharge, which is very rare, you and your family will experience financial stress, so you should consider Youngstown bail bonds.
Your bail bondsman will want information about the defendant, including their name, date of birth, offense, and jail location. Depending on your financial position, some companies will demand that you collateralize the bail bond using real estate, a vehicle, jewelry, or other valuable possessions. Once you put up collateral and are discharged, you must honor all arranged court appointments to avoid losing the collateral after bail forfeiture. Again, before entering into a contract with the company, it is critical to read and comprehend all the requirements.
In Ohio, bail bonds charge a 10% premium fee for the bail services. Unfortunately, when the bail for your crime is $100,000, the bail bondsman will demand $10,000 as a non-refundable fee. Not many defendants can afford this hefty amount. Therefore, before you agree, find out if they have repayment plans enabling you to afford the company's services without causing a financial strain.
Exploring your options despite the hefty bail figure is better than staying behind bars until the charges close because you cannot afford bail. Each case has unique circumstances; some stay in court for years before concluding. You do not want to spend all this time behind bars because you do not have money. You can speak to a bail bondsman directly or talk to a family member to find a bail bonds service to finance your release.
Youngstown Bail Bonds Premium
Many arrestees confuse the premium fee with the bail bond amount. The two are distinct because the premium is the non-refundable fees your Youngstown bail bonds charge for their service. The figure is usually 10% of the total bail. Even though you will not obtain a refund after the close of the case, like with bail, it helps you return to your everyday life for only a tiny part of the total bail. So, even defendants who lack the financial means to exit custody on bail can enjoy their rights.
Bail Set By the Courts
The court determines your bail, the same amount your bail bondsman deposits with the court as a bail bond. You pay bail because the court needs a guarantee that you will appear when asked to do so. Obtaining a pretrial discharge is not the end of your case. The charges will continue in court, only that you will attend the hearings from home and not jail. Instead of the court constantly supervising you after release, they require you to post bail as a guarantee that you will attend court to avoid forfeiting the money.
When you pay bail upfront in cash, you will obtain a refund at the close of the case if you satisfy all court conditions, mainly showing up for all scheduled proceedings. The court increases the bail in particular instances to minimize the chances of fleeing the jurisdiction. Many lack these funds, so they forgo bail and opt for bail bonds. When you pay the premium to the company, they finance your bail and assume the responsibility of ensuring you attend all court meetings.
Breaking the Premium Payment Contract
The bail bonds premium is the company's fee for their services, including preparing the paperwork and depositing bail for your release. The fees enable the company to cover operational costs, so a refund is impossible. If you can afford the fees upfront, that would be good; however, develop a flexible repayment plan even when you cannot.
The premium fee is more affordable compared to the bail bond amount. However, before signing an agreement with the company, it is critical to understand the terms because violating the premium payment agreement will have severe consequences. You could assume you do not have to honor the premium repayment terms because you are out of jail. However, a violation of the agreement will attract severe consequences.
First, your Youngstown bail bonds will report the matter to law enforcement for failure to repay the premium. Because the repayment is part of the contract conditions, it qualifies as a contract violation, meaning the company can hire a bounty hunter to arrest you and put you back in jail.
Similarly, the company can seek legal action or hire a collection agency to recover your debt.
The company can also revoke the bail bond, meaning you will be re-arrested and forced to find another service to finance your discharge pending trial.
If you put up collateral for the bail bond, the company will confiscate it and auction it to recover the lost funds. It means you or your indemnitor will lose their property or assets.
Again, non-repayment will hurt your credit rating. Your Youngstown bail bonds can report the money you owe or forward your information to credit bureaus, significantly denting your score.
Your bail bondsman is not in the business of forcing you to make payments. Therefore, avoid problems with the company by adhering to the repayment terms.
Jail and Court Information
Mahoning County Sheriff’s Office
Youngstown Municipal Court
Find a Proficient Bail Bondsman Near Me
Do not let a hefty bail be why you spend weeks or months in custody. Speak to a Youngstown bail bondsman with your best interest in heart to finance your release. At 24 Hour Online Bail Bonds, we ensure prompt pretrial discharge and flexible bond premium repayment plans to ensure you spend the least money to exit custody. Call us at 800-930-8999 for more details.