posted by All About Bail Bonds @ 2:24 PM
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Being arrested suddenly or having a loved one experience the same can be highly traumatic. The idea of the individual having to spend days in jail awaiting trial is unbearable for many. There is a way out, however. All one needs to do is wait for the judge to announce the bail amount the next day. Paying the specified sum will help obtain an early release, but the defendant has to promise a court appearance on the trial date. Unfortunately, the concerned individual may not have the money. Thankfully, a bail bond agency provides bail bond loans in Houston and Pasadena, TX, thus eliminating such money problems for good.
Understanding the meaning of the terms bail and bail bond is essential to deal with the situation appropriately. It suffices to know that the bail bond may be described as a type of legal agreement used to release the defendant from jail until the day of the court trial. While many consider it to be a special type of loan taken by the defendant, there are many differences between the two, especially the following:
It Is Not A Personal Loan—The Sum provided to the defendant is not a conventional loan. Instead, the agency acts as a surety and will charge about 10% of the bail amount as a fee. Moreover, the agent will not hand over the money to the defendant directly but will pay it to the court on behalf of the defendant.
Credit Score is Unimportant- Since the specified bail amount is not a loan, the credit score of the defendant will not be checked by the authorities. Neither does the income of the person bear any relevance. Instead, the court will note whether the defendant is a flight risk and may be depended upon to appear on the trial date. The agent/agency will evaluate the request for a bail bond loan and decide whether to provide the sum or deny the request. In addition, the agency may co-signers to guarantee the appearance of the defendant at the trial.
No Fixed Interest Charged—The terms for repaying the bail amount do not include chargeable interest. Instead, the agency gets a small fee, usually 10% of the bail amount. It is important to inquire whether the agency charges extra for administrative costs, court fees, and/or travel costs.
Requesting a bail bond may not be the best way to stay out of jail. While the defendant is free to pay the bail amount independently, a few may be released due to their credentials, too. Some of the most important reasons to request a bail bond from reliable agencies are: -
l Ready Financial Assistance
l Preservation of Assets
l Convenience
l Avoiding Jail Time
l Flexible Repayment Options
Legal rules vary across states, making it necessary for a defendant to opt for agencies experienced in providing a local bail bond in Houston and West University Place, TX.
Labels: bail bond loans in Houston and Pasadena, local bail bond in Houston and West University Place, TX
posted by All About Bail Bonds @ 1:57 PM
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posted by All About Bail Bonds @ 2:24 PM
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