Bailing Your Spouse Out Of Jail While Protecting Your Money In The Process
If you just got word that your spouse was arrested and in need of a bailout to be able to be released from jail, you will need to determine how you will come up with the funds needed for this task. It is important to find a way to pay for bail without putting yourself at risk in losing money you need for other purposes. Here are a few tips to use when trying to post bail in a way where you will protect hard-earned cash in the process.
Be Sure Of The Defendant's Guilt Before Posting Bail
When your loved one makes the call asking you to post bail for them to return home, it is important to ask them why they were arrested and whether they were guilty of the charges they have obtained. If your loved one is truthful that they did not commit the crime they are being accused of, there is a good chance they will get a reduced or dropped charge at the time of their court date. The bulk of your money, minus some processing fees in some instances, would be returned to you. If the defendant is found guilty of the crime, the bail money you put up for them to be released from jail will be kept to help pay for court costs.
Weigh The Cost Of Bail Against Your Spouse's Pay
It is necessary to compare the amount of the bail against the amount your spouse would make when returning to their job to decide whether it would advantageous to bail them from jail or have them wait out the time until their court date instead. If you risk losing money because there is a chance they are guilty, the amount they make at work during their release time may not be equivalent to the amount you post, making it a risky endeavor to undertake.
Enlist Help From A Bail Bond Agent To Assist With Your Worries
It does not hurt to contact a bail bond company to ask questions pertaining to the borrowing of funds to get your spouse released from jail. This service will use one of your assets as collateral in exchange for the needed money to bail out your spouse. If you have a home, vehicle, or property to use as collateral, you can keep your cash in the bank. The downside is that if your spouse does not show up from their court date, the bond service will keep the collateral. Your loved one would also be issued a warrant for their arrest.
If you are positive your spouse will show for court, using a bail bond service is beneficial as it would allow your spouse return to work until the date of their case. At the time of their court session, the bail money is returned to the bail bond agent.
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