No one wants to get that phone call from a loved one stating he or she must be bailed out of jail. Unfortunately, millions of Americans receive such a call every day. If you find yourself in a position of having to make arrangements to bail a friend or loved one out of jail, you can do so using a bail bond company. Before you sign a contract for Bail Bond in Midwest City, Oklahoma, there are a few questions you should ask to ensure you understand the responsibilities and fees involved in the process.
What is the Charge?
The amount a bail bondsman can charge for the service is regulated by the state. In Oklahoma, companies can charge anywhere from 7 to 15 percent of the bond amount. However, the standard is 10%. This provides some room for negotiation, particularly if the bond is very high. Be aware of bondsmen charging rates less than 7 percent, though. These companies could be operating illegally, and that will only cause more trouble for you down the line.
What are the Penalties if the Defendant Does Show?
The purpose of bail bonds is to ensure the defendant shows up for his or her court date. If the defendant fails to appear, the bond amount paid is forfeit and the court will keep the money. Bail bond companies, in turn, will pass that cost onto the indemnitor (person responsible for the defendant). This could involve collecting cash or taking possession of property used as collateral. It’s critical to understand the consequences of related to a defendant’s failure to appear because you will be held responsible for them.
What is the Time Frame for Release?
Most companies that do Bail Bond in Midwest City, Oklahoma will process their part of the paperwork and pay the money as soon as the fee is paid. However, much of the release process is out of their hands. Even though the company may pay the bond in the morning, the jail may not release the person until the evening or the next day. Experienced bail bondsmen who have worked with the court system should be able to give you an estimated time frame as to when a prisoner will be released though.
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