At Huntington Park Bail Bond Store, we now that having to bail someone out of jail can cause a lot of confusion. No one ever plans on getting arrested, and no one ever wants to have to bail a loved one out of jail. Very few people are prepared to bail out a friend or family member. If you have questions, our skilled bail agents can answer all of them. Here are some frequently asked questions.
What’s better; a bail agent or a bail bondsman?
A bail agent is a bail bondsman. They are just two different titles for the same job.
How much does a bail bond cost?
Pricing depends on the amount of the bail. In California, bail bonds companies have to charge 10% of the bail price. If your loved one’s bail is $10,000, then it will cost $1,000 to bail him or her out.
What is a co-signer?
A co-signer takes responsibility for their loved one. A co-signer is anyone who is willing to sign for your loved one’s release. The signer promises that all the money will be paid and that their loved one will go to all assigned court dates.
What is collateral?
Collateral is something of equal value to the bail bond. If the client fails to pay for the bail bond, then the company takes whatever was put up as collateral.
Do I need to give a collateral?
We use your signature as collateral in most cases. However, for larger bails, starting around $100,000, you may need to put down something as collateral. This varies from case to case, and depends greatly on the co-signers.
If you have any more questions, do not hesitate to ask them. Our knowledgeable bail agents are available 24 hours a day, 7 days a week to help all of our clients. Huntington Park Bail Bond Store has helped thousands of Californians over the years, we can help you too.