Understanding What To Do About A Bail Bond in Polk County

by | Apr 1, 2014 | Financial Services

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There aren’t too many people out there who enjoy getting arrested. Getting hauled off to jail is no fun. However, if this were to ever happen to you, you should know what to expect. The bail bonds process is pretty simple and straightforward once you begin to understand the details. Let’s take a look at these details right now so you’ll have a clue about what to do.

During your arraignment you’ll be presented with the charges in questions and the judge will initiate a bond amount for your release. The amount of this bond will depend on the charges in question and your criminal history. Misdemeanor charges often result in bonds that are only a few hundred dollars; this is true unless you have an extensive rap sheet. If you’re a repeat offender, the same misdemeanor charge can result in a bond that’s in the thousands. The judge can even reject your bond, and keep you in jail, if they feel you’re a threat to society.

You’ll need to speak with an agent that’ll handle your Bail Bond in Polk County. These service will foot the bill for your bond under a few conditions. The first condition is that you have someone willing to co-sign for the bail bond. The co-signer will be responsible for you and the financial agreement between you and the agent. The second condition is that you agree to pay a small interest fee. The interest fee is where agents make their money. The standard fee is usually 10% of the bond set by the judge.

The next thing you’ll be required to do is collateralize your bond. This simply means that you have to provide suitable collateral to cover your bond. Bond James Bond, Inc. will accept everything from cars to houses. By providing this collateral you’re agreeing to allow the bond agent to repossess your property should you default on your agreement. As long as you make all of your court dates you should be able to keep your property – sans the interest paid.

It’s as simple as that. If you take the above tips into account, you should be able to have a bond set, and be released until your next court date. Remember to abide by the agreement made between you and the agent handling your Bail Bond in Polk County.

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