Many face the question whether or not to hire a bail agency when one of their loved ones is remanded in police custody and they have the choice to bail him out. In such situations, one has the choice either to pay the bail bond amount by himself and get the accused person released from jail, or hire a Denver bail bondsman who will pay the bond amount for a fee and get the person out of jail. Now, since bail bonds are high money, many are unable to pay such high amounts on a moment’s notice. This is the most common reason why the services of a bail bondsman are sought. However, there are both benefits and drawbacks associated with hiring a bail agency or a bail bondsman and it is expected that you know about them before you choose to go one or the other way.
Pros to hiring a Denver bail agency
The primary reason why one looks to go through a bail bondsman is that everybody cannot pay the high bail amount on an immediate notice. Normal bails are set at a range of $2,000-$7,500. That is a lot of money, and if you cannot pay it yourself and do not hire a bondsman either, that will simply mean that the person in custody will have to remain there and cannot get out of jail before arraignment.
A bail agency or a bail bondsman can come to your rescue at such moments. The bail bonds Denver agencies, for example, will pay the full amount of the bail, complete all the paperwork, and will get the person out of jail. The bail bondsmen are certified professionals, and are familiar with the system, and as long as you are hiring someone from a reputed agency, you won’t have to face any hassle to get your loved one out of the jail.
The release from jail is important for a person in many respects. If he is a working professional, he will be able to join his work immediately. If the person accused is a family man, his staying in the jail may result in a lot of stress both for him and his family members, and the family life of the person can suffer a great deal due to this.
When a bail agency pays the bond amount, it is their duty to see that the accused person appears at the court when summoned. Most agencies have an elaborate functioning in place to be always in the know about the present whereabouts of the person out in bail, and to ensure that he sees the court at the appointed date.
Cons to hiring a bail agency
Again, the very obvious drawback of hiring a bondsman is the money involved. One needs to pay 10% of the bail bond amount to the agency for the services they render to you. This means that if the bail is set at $3,000, the party will have to pay $300 to the bailing agency for their service. On the other hand, if one can pay the amount himself, he can save that money.
Most bail agencies will also ask for some collateral for the money they pay as bail. So, if the person out on bail flees, or fails to show himself at the court at the appointed date, one would have to forfeit the property presented as collateral to the bail agency.