Helping your loved one get out of jail may require the services of a bail bonds company if you can't afford to bond them out yourself. Working with a company like this will allow you to get your loved one out of jail by paying just a percentage of the whole bond amount upfront. Here's what should be considered when working with a bail bonds company to get your loved one out of jail:
Collateral
You don't usually need all the cash that your bail bonds provider will require from you to get your loved one out of jail. Most bail bonds companies will take collateral instead of cash when necessary. The bail bonds company you decide to work with may accept one or more of the following in exchange for the release of your loved one:
- Jewelry
- High-End Electronics
- Vehicles and ATVs
- Stocks and Bonds
- Real Estate and Raw Property
Ask your service provider for a list of collateral options that they accept before deciding how to pay them so you can make an educated financial decision for yourself.
Maintaining Contact
You can expect the bail bonds provider you're working with to want to keep tabs on your whereabouts while your loved one is released on bond. They need to make sure that you can be contacted if your loved one doesn't comply with their bond terms or if the bond is revoked altogether. And you should want them to contact you when necessary so you have an opportunity to protect the assets you put up to the bond company.
If you can get your loved one to comply with their bond terms, you may be able to save some of the money. So, make sure that you provide the bail bond company with all your updated contact information including email and address. And take the time to check in with them occasionally to make sure everything is going as planned.
Protecting Your Assets
If your loved one doesn't hold up to their end of the bargain, they could find themselves back in jail with no bond — and you could lose all of the money and assets you put into getting that bond. So, it's in your best interest to take steps that will protect your assets until your loved one resolves their legal problems.
Reach out to a bail bonds agency like All Star Bail Bonds for more information.
