So you received a call from a friend or family member who’s telling you some very bad news—they have been arrested. Once the shock passes, you might feel inclined to post a bail bond to help them get released as quickly as possible until their upcoming court date.
However, if this is your first time bonding someone out, you might not realize that there are many types of bail bonds, but the most common type is called transacting bail. We’ll explain what this method entails in addition to the benefits of choosing to transact bail.
What Exactly is Transacting Bail?
Unless it is a serious offense, the inmate typically sees a judge for a preliminary case or established a standard amount required to get bonded out. Those without extra funds or adequate collateral might seek out a bonding company. Commonly, the company will ask you to put up 10 percent of the total bond amount. They then agree to cover the remaining amount in an action called transacting bail.
Some Benefits Transacting Bail
One of the main reasons people consider this type of transaction with a bonding company is that loved ones can get out of jail faster. Those who cannot afford to pay the amount requested for the release can call a reputable bondsman locally who can guide them through the simple process. Again, the bond company is covering 90 percent of the bond, and you will cover the rest on the premises or via phone.
Of course, whoever bonds them out will be held responsible for the remainder of the balance that the bonder covers should the releasee skip out on court dates or violate any contingencies set by the judge. This can be costly, so it’s important to trust anyone you bail out of legal trouble.
Other Options to Free a Loved One
If a transacting bail is not viable or comfortable for you, there are a few alternatives to get a loved one released. You can post the entire bail amount, so if it is set at $5000, that amount must be paid with the jail or courts directly. Fortunately, after all court dates are made, and a ruling has been set, you can have your money returned as long as the bonded individual does not skip court dates or commit violations while out on bond.
Need Help Freeing Someone from Jail? Call Free at Last!
Here at Free at Last Bail Bonds, we understand just how stressful it can be to have a friend, or family member incarcerated for any length of time. We are available 24/7 to assist you with freeing them fast. Call us today at 404-577-2245.