If you are a loved one who has been put in jail, there are several options you have at your disposal for getting them or yourself out of jail. One of them is the type of Bail Bonds in Miami, and it’s usually the most practical. Here are some things you ought to know. Bail Bonds in Miami have a fee rate of about 10% although some might go to 15%. Bail Bonds in Miami are simpler than you might think, let’s take a look and see why.

 

Fee Rates

 

When you or someone you know is arrested they will go to jail and then a bail hearing, whereby the local judge will set the amount. Unless you pay this bail, you will not be released. When you are going to use a bail bond to get out, you’re essentially taking out a small loan. As you would expect the loan comes with its own fee. Bail Bonds in Miami have their fee rates, ranging from 10-15%.

 

Using Collateral

 

You can pay for bail bonds with cash, however, it is also possible to pay with physical assets as collateral. This may include, bonds, bank accounts, stocks, and real estate. Never put up something that you don’t want to lose, but these are some of your other options.

 

State Regulations

 

The state regulates bail bonds so anyone who is offering you a bail bond is regulated and licensed by the state of Florida. The fee is set by local statutes and not independent bail bond offices.

 

Financial Responsibility

 

Remember that you are agreeing to financial responsibility. So if you are paying for the bail bond but the person you are paying for, doesn’t show up to court, you may have wasted your money. It’s on you, so make sure you can trust them.

 

Feel free to ask us any further questions, we’ll be happy to have a conversation with you about your needs. 

248 View

Leave a Comment