Aloi and Fletcher Bail Bonds

FAQ

Q: How much does a bail bond cost?

A: That is dependent upon the amount of bail the judge sets for your specific case. Generally, a bail bond will cost anywhere from 10-15% of the total amount of the set bail. (i.e. $10,000 bail would require a bond of anywhere from $1,000 - $1,500)

Q: What is the difference between bail bond amount and premium?

A: The bail bond premium is state mandated at 10% of the total bond amount. The state minimum for a premium is $100. If a person's bail were set at $100,000, their bail bond premium would be $10,000. The total bail amount can range from a few thousand to millions of dollars depending on the severity of the crime that was committed. Bail bonds premiums are non-negotiable and non-refundable.

Q: Is the premium refundable?

A: No, the premium is non-refundable and non-negotiable. Once the defendant's case is over, their bail will be exonerated or released back to the co-signer minus all court fees, costs and additional expenses that may have been incurred by the bail bond agency. The defendant will owe for certain court fees whether they are guilty or innocent.

Q: Do I need collateral?

A: For smaller bail amounts, probably not, but for felonies and more serious crimes with higher bail amounts, you may have to put up collateral to cover the full amount of the set bail. As long as the accused appears for all court dates, this should not be a problem, but be aware that any collateral put up against the bail bond can and will be sold in order to cover the full cost of bail in the event that the accused decides to run.

Q: What if I help bail someone out and they run?

A: It is imperative that you contact the bail bonds company, the attorney for the accused, the court, and anyone else involved with the case. We will need to know as much information as you have about the issue in order for us to best help you out. Remember: if you co-signed on a bail bond, you will be responsible for payment in full if the accused does not show up to court. It is crucial for you to openly communicate with all involved in order to best help you out, should you have to deal with a situation like this.

Q: Can you refer me to an attorney?

A: No. We are not attorneys and it is illegal for us to refer you to attorneys. There are many great attorneys in the area, many of whom have detailed websites about the kinds of cases they take. It is our advice is to do a little research online and find an attorney who best fits your needs.

Go Back | Go Home
Mobile | Desktop
©2022 Aloi and Fletcher Bail Bonds